YHB Investment Advisors Inc. Buys 1,251 Shares of Chipotle Mexican Grill, Inc. $CMG

YHB Investment Advisors Inc. raised its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,119 shares of the restaurant operator’s stock after buying an additional 1,251 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Chipotle Mexican Grill were worth $3,544,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. E. Ohman J or Asset Management AB lifted its stake in Chipotle Mexican Grill by 0.3% in the second quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator’s stock valued at $3,326,000 after buying an additional 194 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Chipotle Mexican Grill by 4.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after purchasing an additional 214 shares during the last quarter. Csenge Advisory Group raised its holdings in shares of Chipotle Mexican Grill by 5.0% in the first quarter. Csenge Advisory Group now owns 4,603 shares of the restaurant operator’s stock valued at $222,000 after purchasing an additional 220 shares during the last quarter. Money Concepts Capital Corp raised its holdings in shares of Chipotle Mexican Grill by 3.0% in the first quarter. Money Concepts Capital Corp now owns 7,491 shares of the restaurant operator’s stock valued at $376,000 after purchasing an additional 221 shares during the last quarter. Finally, Northwest Bank & Trust Co raised its holdings in shares of Chipotle Mexican Grill by 0.5% in the fourth quarter. Northwest Bank & Trust Co now owns 45,324 shares of the restaurant operator’s stock valued at $2,788,000 after purchasing an additional 236 shares during the last quarter. Institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $39.83 on Friday. Chipotle Mexican Grill, Inc. has a 52-week low of $38.30 and a 52-week high of $66.74. The firm has a 50-day moving average of $44.22 and a 200-day moving average of $48.74. The stock has a market cap of $53.41 billion, a PE ratio of 35.56, a PEG ratio of 2.02 and a beta of 1.02.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 13.32% and a return on equity of 43.50%. The business had revenue of $3.06 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the prior year, the business posted $0.34 earnings per share. Chipotle Mexican Grill’s revenue was up 3.0% compared to the same quarter last year. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on CMG. Stephens reiterated an “equal weight” rating and issued a $60.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, September 11th. BMO Capital Markets raised shares of Chipotle Mexican Grill from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $56.00 to $65.00 in a research report on Friday, July 18th. BTIG Research reaffirmed a “buy” rating and set a $57.00 price objective on shares of Chipotle Mexican Grill in a research report on Friday, September 5th. Wells Fargo & Company reduced their price objective on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. Finally, TD Cowen reduced their price objective on shares of Chipotle Mexican Grill from $61.00 to $58.00 and set a “buy” rating for the company in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.76.

About Chipotle Mexican Grill

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.