Chipotle Mexican Grill, Inc. (NYSE:CMG) Position Lessened by Catalina Capital Group LLC

Catalina Capital Group LLC decreased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 7,336 shares of the restaurant operator’s stock after selling 550 shares during the period. Catalina Capital Group LLC’s holdings in Chipotle Mexican Grill were worth $423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in CMG. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Chipotle Mexican Grill in the 2nd quarter valued at approximately $25,000. Riverview Trust Co increased its position in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Riverview Trust Co now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the period. RiverPark Advisors LLC increased its position in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the period. Archer Investment Corp acquired a new stake in Chipotle Mexican Grill in the 2nd quarter valued at approximately $25,000. Finally, Oliver Lagore Vanvalin Investment Group increased its position in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chipotle Mexican Grill

In other news, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction of $100,920.20. Following the completion of the sale, the director now owns 41,510 shares in the company, valued at approximately $2,340,333.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction of $100,920.20. Following the completion of the sale, the director now owns 41,510 shares in the company, valued at approximately $2,340,333.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $57.05, for a total value of $898,537.50. Following the sale, the insider now owns 457,764 shares of the company’s stock, valued at approximately $26,115,436.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,290 shares of company stock worth $1,866,023. 1.02% of the stock is owned by corporate insiders.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $57.69 on Thursday. The business’s 50-day moving average price is $57.35 and its two-hundred day moving average price is $81.28. Chipotle Mexican Grill, Inc. has a one year low of $41.13 and a one year high of $69.26. The company has a market capitalization of $79.01 billion, a P/E ratio of 53.70, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 EPS. On average, equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.1 EPS for the current year.

Wall Street Analysts Forecast Growth

CMG has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price target on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $67.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Barclays lifted their price target on Chipotle Mexican Grill from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. Wells Fargo & Company lifted their target price on Chipotle Mexican Grill from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Finally, Evercore ISI lifted their target price on Chipotle Mexican Grill from $59.00 to $70.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Ten investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $64.47.

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.