Personal CFO Solutions LLC Acquires 1,887 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Personal CFO Solutions LLC increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 44.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,109 shares of the restaurant operator’s stock after acquiring an additional 1,887 shares during the period. Personal CFO Solutions LLC’s holdings in Chipotle Mexican Grill were worth $307,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in shares of Chipotle Mexican Grill in the first quarter worth $25,000. HighMark Wealth Management LLC grew its holdings in shares of Chipotle Mexican Grill by 173.4% in the first quarter. HighMark Wealth Management LLC now owns 585 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 371 shares during the period. North Capital Inc. bought a new stake in shares of Chipotle Mexican Grill in the first quarter worth $30,000. ORG Wealth Partners LLC bought a new stake in shares of Chipotle Mexican Grill in the first quarter worth $31,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth $38,000. Institutional investors own 91.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Robert W. Baird lifted their price objective on Chipotle Mexican Grill from $58.00 to $62.00 and gave the stock an “outperform” rating in a report on Wednesday, July 2nd. TD Securities reiterated a “buy” rating and set a $57.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, June 18th. Royal Bank Of Canada lowered their target price on Chipotle Mexican Grill from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, April 24th. Stephens reiterated an “equal weight” rating and set a $49.00 target price on shares of Chipotle Mexican Grill in a research report on Monday, June 9th. Finally, Guggenheim set a $47.00 target price on Chipotle Mexican Grill in a research report on Friday, April 25th. Nine investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $61.04.

Insider Transactions at Chipotle Mexican Grill

In other news, insider Roger E. Theodoredis sold 113,875 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the transaction, the insider owned 109,815 shares of the company’s stock, valued at approximately $5,457,805.50. This represents a 50.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.81% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $56.00 on Thursday. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $66.74. The stock’s 50 day simple moving average is $52.37 and its two-hundred day simple moving average is $53.26. The company has a market cap of $75.45 billion, a PE ratio of 49.56, a price-to-earnings-growth ratio of 2.75 and a beta of 1.08.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 43.29% and a net margin of 13.59%. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same period in the prior year, the business posted $13.37 earnings per share. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

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.