YANKCOM Partnership Acquires Shares of 3,459 Chipotle Mexican Grill, Inc. (NYSE:CMG)

YANKCOM Partnership acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 3,459 shares of the restaurant operator’s stock, valued at approximately $209,000.

Other large investors have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its position in Chipotle Mexican Grill by 5,897.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock valued at $2,820,000 after acquiring an additional 48,126 shares in the last quarter. L & S Advisors Inc purchased a new position in shares of Chipotle Mexican Grill during the third quarter valued at approximately $3,256,000. Optas LLC lifted its holdings in shares of Chipotle Mexican Grill by 318.5% during the third quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock valued at $989,000 after purchasing an additional 13,060 shares during the last quarter. Harrell Investment Partners LLC purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $2,513,000. Finally, Lockheed Martin Investment Management Co. lifted its holdings in shares of Chipotle Mexican Grill by 19.6% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 177,630 shares of the restaurant operator’s stock valued at $10,711,000 after purchasing an additional 29,140 shares during the last quarter. 91.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CMG has been the subject of several recent research reports. TD Cowen lifted their target price on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Oppenheimer lifted their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Piper Sandler lowered their target price on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday. Stifel Nicolaus lowered their target price on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Raymond James decreased their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Ten investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $57.27 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $47.98 and a 1 year high of $69.26. The firm has a fifty day moving average price of $60.27 and a 200-day moving average price of $57.84. The company has a market cap of $78.04 billion, a price-to-earnings ratio of 53.31, a PEG ratio of 2.07 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. Equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current year.

Insider Buying and Selling

In related news, insider Laurie Schalow sold 4,404 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now owns 185,792 shares of the company’s stock, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.02% of the stock is currently owned by insiders.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.