V Square Quantitative Management LLC Buys 10 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

V Square Quantitative Management LLC increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102 shares of the restaurant operator’s stock after acquiring an additional 10 shares during the quarter. V Square Quantitative Management LLC’s holdings in Chipotle Mexican Grill were worth $233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Fortitude Family Office LLC purchased a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $32,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the fourth quarter valued at about $37,000. Keener Financial Planning LLC bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $43,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Chipotle Mexican Grill by 28.6% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 27 shares of the restaurant operator’s stock worth $62,000 after purchasing an additional 6 shares during the period. Finally, Addison Advisors LLC grew its stake in shares of Chipotle Mexican Grill by 47.8% in the fourth quarter. Addison Advisors LLC now owns 34 shares of the restaurant operator’s stock worth $78,000 after purchasing an additional 11 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Up 3.0 %

NYSE CMG opened at $3,369.14 on Tuesday. Chipotle Mexican Grill, Inc. has a 12 month low of $1,768.64 and a 12 month high of $3,384.04. The stock’s 50 day moving average is $3,111.16 and its 200 day moving average is $2,724.52. The stock has a market cap of $92.55 billion, a PE ratio of 71.90, a P/E/G ratio of 2.60 and a beta of 1.25.

Chipotle Mexican Grill shares are going to split before the market opens on Wednesday, June 26th. The 50-1 split was announced on Tuesday, March 19th. The newly created shares will be issued to shareholders after the market closes on Tuesday, June 25th.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Wednesday, April 24th. The restaurant operator reported $13.37 earnings per share for the quarter, beating analysts’ consensus estimates of $11.63 by $1.74. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.67 billion. Chipotle Mexican Grill had a net margin of 12.70% and a return on equity of 43.74%. On average, analysts forecast that Chipotle Mexican Grill, Inc. will post 55.31 EPS for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In related news, Director Albert S. Baldocchi sold 1,000 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $3,166.01, for a total value of $3,166,010.00. Following the completion of the transaction, the director now owns 27,250 shares of the company’s stock, valued at approximately $86,273,772.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Chipotle Mexican Grill news, CEO Brian R. Niccol sold 6,406 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $3,185.92, for a total transaction of $20,409,003.52. Following the transaction, the chief executive officer now owns 22,669 shares in the company, valued at $72,221,620.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Albert S. Baldocchi sold 1,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $3,166.01, for a total transaction of $3,166,010.00. Following the completion of the sale, the director now owns 27,250 shares of the company’s stock, valued at approximately $86,273,772.50. The disclosure for this sale can be found here. Insiders have sold a total of 14,164 shares of company stock worth $44,243,538 in the last three months. Insiders own 1.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Robert W. Baird increased their price objective on Chipotle Mexican Grill from $3,250.00 to $3,500.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. BTIG Research increased their price target on shares of Chipotle Mexican Grill from $3,250.00 to $3,350.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. BMO Capital Markets lifted their target price on shares of Chipotle Mexican Grill from $2,400.00 to $2,850.00 and gave the stock a “market perform” rating in a report on Thursday, April 25th. Piper Sandler increased their price objective on Chipotle Mexican Grill from $2,442.00 to $3,070.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Finally, Barclays raised their price target on shares of Chipotle Mexican Grill from $2,400.00 to $2,865.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $3,181.85.

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.