First Financial Corp IN Has $51,000 Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

First Financial Corp IN grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 321.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 842 shares of the restaurant operator’s stock after acquiring an additional 642 shares during the period. First Financial Corp IN’s holdings in Chipotle Mexican Grill were worth $51,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pallas Capital Advisors LLC boosted its holdings in Chipotle Mexican Grill by 19.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 10,817 shares of the restaurant operator’s stock worth $652,000 after buying an additional 1,775 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings in shares of Chipotle Mexican Grill by 37.5% during the 4th quarter. Miracle Mile Advisors LLC now owns 131,784 shares of the restaurant operator’s stock valued at $7,947,000 after purchasing an additional 35,915 shares in the last quarter. Burns J W & Co. Inc. NY grew its position in shares of Chipotle Mexican Grill by 75.4% in the 4th quarter. Burns J W & Co. Inc. NY now owns 15,470 shares of the restaurant operator’s stock valued at $933,000 after purchasing an additional 6,650 shares during the period. Claro Advisors LLC boosted its holdings in shares of Chipotle Mexican Grill by 14.2% in the fourth quarter. Claro Advisors LLC now owns 7,710 shares of the restaurant operator’s stock valued at $465,000 after buying an additional 961 shares during the period. Finally, Enterprise Bank & Trust Co raised its holdings in shares of Chipotle Mexican Grill by 2.3% during the fourth quarter. Enterprise Bank & Trust Co now owns 57,254 shares of the restaurant operator’s stock worth $3,452,000 after acquiring an additional 1,279 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

Chipotle Mexican Grill stock opened at $56.24 on Tuesday. The stock’s fifty day moving average price is $60.94 and its two-hundred day moving average price is $57.96. The firm has a market cap of $76.63 billion, a PE ratio of 52.35, a price-to-earnings-growth ratio of 2.64 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a one year low of $45.50 and a one year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter last year, the business earned $0.23 earnings per share. Chipotle Mexican Grill’s revenue was up 13.0% on a year-over-year basis. Sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Insider Activity

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

Analysts Set New Price Targets

A number of research firms have issued reports on CMG. BMO Capital Markets increased their target price on Chipotle Mexican Grill from $55.00 to $56.00 and gave the stock a “market perform” rating in a report on Wednesday, October 30th. Jefferies Financial Group upped their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Stephens reissued an “equal weight” rating and issued a $65.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. TD Cowen increased their price objective on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada boosted their price target on Chipotle Mexican Grill from $70.00 to $75.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 17th. Ten equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.81.

Chipotle Mexican Grill 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.