GAMMA Investing LLC Acquires 54 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

GAMMA Investing LLC increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 27.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 250 shares of the restaurant operator’s stock after buying an additional 54 shares during the period. GAMMA Investing LLC’s holdings in Chipotle Mexican Grill were worth $727,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Los Angeles Capital Management LLC grew its holdings in Chipotle Mexican Grill by 1.4% in the first quarter. Los Angeles Capital Management LLC now owns 4,062 shares of the restaurant operator’s stock worth $11,807,000 after purchasing an additional 56 shares during the last quarter. Moody National Bank Trust Division increased its position in shares of Chipotle Mexican Grill by 1.0% in the 1st quarter. Moody National Bank Trust Division now owns 490 shares of the restaurant operator’s stock valued at $1,424,000 after acquiring an additional 5 shares during the period. Trust Co. of Toledo NA OH increased its position in shares of Chipotle Mexican Grill by 83.2% in the 1st quarter. Trust Co. of Toledo NA OH now owns 273 shares of the restaurant operator’s stock valued at $794,000 after acquiring an additional 124 shares during the period. Kapitalo Investimentos Ltda acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $204,000. Finally, HighPoint Advisor Group LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $1,105,000. Institutional investors own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In other news, CEO Brian R. Niccol sold 6,406 shares of Chipotle Mexican Grill 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 completion of the sale, the chief executive officer now directly owns 22,669 shares of the company’s stock, valued at approximately $72,221,620.48. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Brian R. Niccol sold 6,406 shares of Chipotle Mexican Grill 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 completion of the sale, the chief executive officer now directly owns 22,669 shares of the company’s stock, valued at approximately $72,221,620.48. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 of the company’s stock, valued at $86,273,772.50. The disclosure for this sale can be found here. In the last three months, insiders sold 11,015 shares of company stock valued at $35,023,769. Insiders own 1.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wedbush reissued a “neutral” rating and issued a $3,200.00 target price on shares of Chipotle Mexican Grill in a research report on Monday. Jefferies Financial Group increased their price target on Chipotle Mexican Grill from $2,350.00 to $2,700.00 and gave the stock a “hold” rating in a research report on Tuesday, April 16th. UBS Group increased their price target on Chipotle Mexican Grill from $3,400.00 to $3,500.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft increased their price target on 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 increased their price target on 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 issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $3,201.19.

Chipotle Mexican Grill Stock Performance

Chipotle Mexican Grill stock opened at $3,427.61 on Thursday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $1,768.64 and a fifty-two week high of $3,463.07. The firm has a 50 day moving average price of $3,130.47 and a 200 day moving average price of $2,737.78. The company has a market capitalization of $94.16 billion, a PE ratio of 73.15, a price-to-earnings-growth ratio of 2.73 and a beta of 1.25.

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

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

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.