Bensler LLC Sells 1,670 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Bensler LLC decreased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,218 shares of the restaurant operator’s stock after selling 1,670 shares during the period. Bensler LLC’s holdings in Chipotle Mexican Grill were worth $3,269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Stonegate Investment Group LLC lifted its stake in Chipotle Mexican Grill by 34.0% in the 4th quarter. Stonegate Investment Group LLC now owns 15,076 shares of the restaurant operator’s stock valued at $909,000 after purchasing an additional 3,824 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Chipotle Mexican Grill by 4.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after purchasing an additional 214 shares during the last quarter. YHB Investment Advisors Inc. lifted its stake in Chipotle Mexican Grill by 187.5% in the 4th quarter. YHB Investment Advisors Inc. now owns 53,908 shares of the restaurant operator’s stock valued at $3,251,000 after purchasing an additional 35,158 shares during the last quarter. Vantage Investment Partners LLC lifted its stake in Chipotle Mexican Grill by 0.7% in the 4th quarter. Vantage Investment Partners LLC now owns 644,149 shares of the restaurant operator’s stock valued at $38,842,000 after purchasing an additional 4,486 shares during the last quarter. Finally, Nilsine Partners LLC increased its position in Chipotle Mexican Grill by 30.5% in the 4th quarter. Nilsine Partners LLC now owns 30,264 shares of the restaurant operator’s stock valued at $1,825,000 after acquiring an additional 7,070 shares during the period. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Trading Down 1.2 %

Chipotle Mexican Grill stock opened at $57.63 on Tuesday. Chipotle Mexican Grill, Inc. has a 1-year low of $46.29 and a 1-year high of $69.26. The firm has a market capitalization of $78.52 billion, a price-to-earnings ratio of 53.72, a price-to-earnings-growth ratio of 1.88 and a beta of 1.27. The firm’s fifty day moving average price is $60.64 and its two-hundred day moving average price is $57.72.

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

Insider Buying and Selling at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total transaction of $286,304.04. Following the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.02% of the company’s stock.

Wall Street Analyst Weigh In

CMG has been the subject of several recent research reports. Loop Capital upped their price target on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. Barclays upped their price target on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 7th. Jefferies Financial Group upped their price target on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Sanford C. Bernstein restated an “outperform” rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday. Finally, Raymond James upped their price target on shares of Chipotle Mexican Grill from $66.00 to $72.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to MarketBeat, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.99.

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.