Kapitalo Investimentos Ltda Acquires New Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Kapitalo Investimentos Ltda acquired a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 89 shares of the restaurant operator’s stock, valued at approximately $204,000.

Other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $32,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $37,000. ICA Group Wealth Management LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $37,000. Keener Financial Planning LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $43,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in Chipotle Mexican Grill by 28.6% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 27 shares of the restaurant operator’s stock valued at $62,000 after purchasing an additional 6 shares during the period. Institutional investors own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In other news, Director Albert S. Baldocchi sold 1,000 shares of Chipotle Mexican Grill stock in a transaction on 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 sale, the director now directly owns 27,250 shares in the company, valued at approximately $86,273,772.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Albert S. Baldocchi sold 1,000 shares of Chipotle Mexican Grill stock in a transaction on 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 sale, the director now directly owns 27,250 shares in the company, valued at approximately $86,273,772.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Scott Boatwright sold 1,100 shares of Chipotle Mexican Grill stock in a transaction on Friday, April 26th. The stock was sold at an average price of $3,190.16, for a total value of $3,509,176.00. Following the sale, the chief operating officer now owns 2,412 shares in the company, valued at $7,694,665.92. The disclosure for this sale can be found here. Insiders have sold 11,015 shares of company stock worth $35,023,769 in the last ninety days. Company insiders own 1.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Barclays increased their target price on shares of Chipotle Mexican Grill from $2,400.00 to $2,865.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. Raymond James reissued an “outperform” rating and set a $3,340.00 target price (up previously from $3,300.00) on shares of Chipotle Mexican Grill in a research report on Thursday, April 25th. Morgan Stanley increased their target price on shares of Chipotle Mexican Grill from $2,986.00 to $3,100.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Chipotle Mexican Grill from $3,400.00 to $3,600.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Finally, KeyCorp raised their price objective on shares of Chipotle Mexican Grill from $3,250.00 to $3,400.00 and gave the stock an “overweight” rating in a research 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 company’s stock. According to MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and an average price target of $3,201.19.

Chipotle Mexican Grill Trading Up 1.9 %

Shares of NYSE:CMG opened at $3,427.82 on Wednesday. The stock’s fifty day simple moving average is $3,121.24 and its two-hundred day simple moving average is $2,732.93. Chipotle Mexican Grill, Inc. has a 1-year low of $1,768.64 and a 1-year high of $3,463.07. The stock has a market cap of $94.16 billion, a PE ratio of 73.15, a price-to-earnings-growth ratio of 2.68 and a beta of 1.25.

Chipotle Mexican Grill’s stock is scheduled to split on Wednesday, June 26th. The 50-1 split was announced on Tuesday, March 19th. The newly created shares will be payable to shareholders after the market closes on Tuesday, June 25th.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Wednesday, April 24th. The restaurant operator reported $13.37 earnings per share for the quarter, beating the consensus estimate of $11.63 by $1.74. The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Chipotle Mexican Grill had a return on equity of 43.74% and a net margin of 12.70%. On average, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 55.31 earnings per share for the current fiscal 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.