Bank of New Hampshire Has $125,000 Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Bank of New Hampshire lifted its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 13.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,161 shares of the restaurant operator’s stock after buying an additional 261 shares during the period. Bank of New Hampshire’s holdings in Chipotle Mexican Grill were worth $125,000 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. Steph & Co. acquired a new stake in Chipotle Mexican Grill during the 1st quarter valued at $29,000. Semmax Financial Advisors Inc. boosted its position in Chipotle Mexican Grill by 225.0% in the 1st quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator’s stock valued at $42,000 after buying an additional 9 shares during the last quarter. Crewe Advisors LLC bought a new position in Chipotle Mexican Grill in the 1st quarter valued at $44,000. Westside Investment Management Inc. bought a new position in shares of Chipotle Mexican Grill in the 1st quarter worth $58,000. Finally, Salem Investment Counselors Inc. boosted its position in shares of Chipotle Mexican Grill by 27.8% in the 1st quarter. Salem Investment Counselors Inc. now owns 23 shares of the restaurant operator’s stock worth $67,000 after purchasing an additional 5 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CMG has been the topic of several recent research reports. Piper Sandler reduced their price target on Chipotle Mexican Grill from $61.00 to $56.00 and set a “neutral” rating on the stock in a research report on Thursday, July 25th. Wedbush reiterated an “outperform” rating and set a $58.00 target price on shares of Chipotle Mexican Grill in a report on Thursday, August 29th. Loop Capital reduced their target price on Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a report on Thursday, July 25th. KeyCorp reduced their target price on Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Finally, Truist Financial reiterated a “buy” rating and set a $69.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, August 13th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average price target of $62.44.

Chipotle Mexican Grill Stock Down 0.7 %

CMG opened at $56.73 on Tuesday. Chipotle Mexican Grill, Inc. has a twelve month low of $35.37 and a twelve month high of $69.26. The company has a 50-day simple moving average of $55.08 and a 200 day simple moving average of $81.41. The stock has a market capitalization of $77.91 billion, a price-to-earnings ratio of 60.35, a P/E/G ratio of 2.43 and a beta of 1.25.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $12.65 earnings per share. Sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In other news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the completion of the transaction, the director now owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Curtis E. Garner sold 15,750 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $55.02, for a total value of $866,565.00. Following the completion of the transaction, the insider now owns 473,514 shares of the company’s stock, valued at $26,052,740.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the completion of the transaction, the director now directly owns 41,510 shares of the company’s stock, valued at $2,340,333.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,934 shares of company stock valued at $1,918,589. 1.02% of the stock is currently owned by insiders.

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.