49,250 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 49,250 shares of the restaurant operator’s stock, valued at approximately $2,838,000.

Other hedge funds have also made changes to their positions in the company. Shellback Capital LP grew its holdings in shares of Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. Shellback Capital LP now owns 125,000 shares of the restaurant operator’s stock worth $7,831,000 after purchasing an additional 122,500 shares during the period. Swedbank AB purchased a new position in Chipotle Mexican Grill during the first quarter worth about $53,979,000. Optas LLC increased its position in shares of Chipotle Mexican Grill by 318.5% during the third quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock valued at $989,000 after acquiring an additional 13,060 shares during the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Chipotle Mexican Grill during the third quarter valued at about $758,000. Finally, Pathway Financial Advisers LLC raised its stake in shares of Chipotle Mexican Grill by 5,662.0% in the 3rd quarter. Pathway Financial Advisers LLC now owns 8,643 shares of the restaurant operator’s stock valued at $498,000 after acquiring an additional 8,493 shares during the period. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction of $100,920.20. Following the completion of the sale, the director now owns 41,510 shares in the company, valued at approximately $2,340,333.80. This represents a 4.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction 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 in the company, valued at $26,052,740.28. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,290 shares of company stock valued at $1,866,023. 1.02% of the stock is owned by corporate insiders.

Chipotle Mexican Grill Stock Performance

NYSE:CMG opened at $58.88 on Thursday. The stock has a market cap of $80.23 billion, a price-to-earnings ratio of 55.03, a PEG ratio of 2.36 and a beta of 1.26. Chipotle Mexican Grill, Inc. has a 1 year low of $43.66 and a 1 year high of $69.26. The business has a fifty day moving average of $58.26 and a 200-day moving average of $81.10.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. Chipotle Mexican Grill’s revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 EPS. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current year.

Analyst Ratings Changes

CMG has been the topic of a number of research analyst reports. Wedbush reissued an “outperform” rating and issued a $69.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $67.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Oppenheimer reaffirmed an “outperform” rating and issued a $65.00 target price on shares of Chipotle Mexican Grill in a research report on Monday, September 30th. Citigroup reduced their price target on shares of Chipotle Mexican Grill from $71.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Finally, Loop Capital lifted their price objective on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $65.27.

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.