Pine Valley Investments Ltd Liability Co Grows Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Pine Valley Investments Ltd Liability Co raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 13.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,788 shares of the restaurant operator’s stock after purchasing an additional 8,600 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Chipotle Mexican Grill were worth $4,510,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Alpha DNA Investment Management LLC lifted its stake in shares of Chipotle Mexican Grill by 1.2% during the 3rd quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator’s stock valued at $786,000 after buying an additional 168 shares in the last quarter. Connable Office Inc. raised its holdings in Chipotle Mexican Grill by 0.6% during the third quarter. Connable Office Inc. now owns 31,928 shares of the restaurant operator’s stock valued at $1,840,000 after acquiring an additional 178 shares during the period. Traynor Capital Management Inc. lifted its position in shares of Chipotle Mexican Grill by 2.5% in the fourth quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator’s stock valued at $454,000 after acquiring an additional 181 shares in the last quarter. BTC Capital Management Inc. boosted its stake in shares of Chipotle Mexican Grill by 1.9% in the fourth quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator’s stock worth $601,000 after acquiring an additional 184 shares during the period. Finally, Revolve Wealth Partners LLC boosted its stake 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 worth $290,000 after acquiring an additional 214 shares during the period. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.02% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on CMG. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and boosted their price target for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Wedbush lowered their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. KeyCorp cut their target price on shares of Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Evercore ISI lifted their price target on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Ten analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Chipotle Mexican Grill Stock Down 0.7 %

CMG opened at $51.15 on Tuesday. The business has a fifty day moving average of $58.11 and a 200 day moving average of $58.14. The stock has a market cap of $69.32 billion, a P/E ratio of 46.07, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 52-week low of $47.98 and a 52-week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. Equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

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.