Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Legacy Private Trust Co.

Legacy Private Trust Co. increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,171 shares of the restaurant operator’s stock after purchasing an additional 819 shares during the quarter. Legacy Private Trust Co.’s holdings in Chipotle Mexican Grill were worth $2,422,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group grew its position in shares of Chipotle Mexican Grill by 4,900.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock worth $25,000 after buying an additional 392 shares in the last quarter. ZRC Wealth Management LLC grew its holdings in Chipotle Mexican Grill by 384.0% during the 3rd quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 384 shares in the last quarter. Transcendent Capital Group LLC increased its position in shares of Chipotle Mexican Grill by 950.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 475 shares during the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Activity

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at approximately $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Price Performance

NYSE CMG traded down $0.10 on Wednesday, hitting $57.89. 9,169,781 shares of the company’s stock were exchanged, compared to its average volume of 7,934,955. The firm’s 50-day moving average price is $60.90 and its two-hundred day moving average price is $80.83. The firm has a market cap of $78.88 billion, a price-to-earnings ratio of 53.88, a P/E/G ratio of 2.64 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $44.49 and a fifty-two week high of $69.26.

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

Analyst Ratings Changes

Several equities analysts recently commented on CMG shares. Stephens reissued an “equal weight” rating and issued a $65.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, November 12th. Barclays raised their target price on Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Tuesday. BMO Capital Markets upped their price target on Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a report on Wednesday, October 30th. TD Cowen boosted their price objective on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Oppenheimer upped their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday. 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 data from MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus price target of $66.81.

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.