Successful Portfolios LLC lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Get Rating) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 465 shares of the restaurant operator's stock after selling 12 shares during the quarter. Successful Portfolios LLC's holdings in Chipotle Mexican Grill were worth $608,000 at the end of the most recent quarter.
Success Portfolios LLC在最近提交给美国证券交易委员会的13F文件中称，该公司在第二季度将其在Chipotle墨西哥烧烤公司(NYSE：CMG-GET Rating)的股份减持了2.5%。该机构投资者在本季度出售了12股后，持有这家餐厅运营商的465股股票。截至最近一个季度末，Success Portios LLC在Chipotle墨西哥烧烤公司持有的股份价值60.8万美元。
Several other institutional investors and hedge funds have also recently made changes to their positions in CMG. Core Alternative Capital raised its position in shares of Chipotle Mexican Grill by 433.3% during the 1st quarter. Core Alternative Capital now owns 16 shares of the restaurant operator's stock valued at $25,000 after buying an additional 13 shares in the last quarter. Riverview Trust Co purchased a new position in Chipotle Mexican Grill in the 1st quarter worth $27,000. Lloyd Advisory Services LLC. purchased a new position in Chipotle Mexican Grill in the 1st quarter worth $30,000. Byrne Asset Management LLC purchased a new position in Chipotle Mexican Grill in the 4th quarter worth $31,000. Finally, AdvisorNet Financial Inc raised its position in Chipotle Mexican Grill by 66.7% in the 1st quarter. AdvisorNet Financial Inc now owns 20 shares of the restaurant operator's stock worth $32,000 after purchasing an additional 8 shares during the period. Hedge funds and other institutional investors own 93.15% of the company's stock.
其他几家机构投资者和对冲基金最近也调整了他们在CMG的头寸。核心另类资本在第一季度将其在Chipotle墨西哥烧烤公司的股票头寸提高了433.3%。Core Alternative Capital现在持有这家餐厅运营商16股股票，价值2.5万美元，上个季度又购买了13股。Riverview Trust Co在第一季度购买了Chipotle墨西哥烧烤公司的一个新头寸，价值2.7万美元。劳埃德咨询服务有限责任公司第一季度在Chipotle墨西哥烧烤店购买了一个新头寸，价值30,000美元。Byrne Asset Management LLC在第四季度购买了Chipotle墨西哥烧烤公司的一个新头寸，价值3.1万美元。最后，AdvisorNet Financial Inc.在第一季度将其在Chipotle墨西哥烧烤公司的头寸提高了66.7%。AdvisorNet Financial Inc.在此期间额外购买了8股，现在拥有这家餐厅运营商20股股票，价值3.2万美元。对冲基金和其他机构投资者持有该公司93.15%的股票。
Chipotle Mexican Grill Price Performance
NYSE:CMG opened at $1,502.76 on Friday. Chipotle Mexican Grill, Inc. has a one year low of $1,196.28 and a one year high of $1,895.99. The company's 50-day simple moving average is $1,619.27 and its 200 day simple moving average is $1,479.48. The firm has a market capitalization of $41.72 billion, a P/E ratio of 56.26, a PEG ratio of 2.03 and a beta of 1.30.
Insider Transactions at Chipotle Mexican Grill
In other news, CMO Christopher W. Brandt sold 1,532 shares of the company's stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $1,503.96, for a total value of $2,304,066.72. Following the transaction, the chief marketing officer now owns 8,508 shares in the company, valued at $12,795,691.68. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CMO Christopher W. Brandt sold 1,532 shares of the company's stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $1,503.96, for a total value of $2,304,066.72. Following the transaction, the chief marketing officer now owns 8,508 shares in the company, valued at $12,795,691.68. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Curtis E. Garner sold 3,300 shares of the company's stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $1,526.90, for a total transaction of $5,038,770.00. Following the completion of the transaction, the chief technology officer now owns 12,321 shares in the company, valued at approximately $18,812,934.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,825 shares of company stock worth $15,603,167. Corporate insiders own 1.00% of the company's stock.
Wall Street Analysts Forecast Growth
CMG has been the topic of a number of analyst reports. Stephens initiated coverage on shares of Chipotle Mexican Grill in a research report on Thursday, September 22nd. They issued an "overweight" rating and a $1,900.00 target price on the stock. UBS Group decreased their target price on shares of Chipotle Mexican Grill from $2,100.00 to $1,900.00 and set a "buy" rating on the stock in a research report on Tuesday, July 19th. Raymond James decreased their target price on shares of Chipotle Mexican Grill from $1,850.00 to $1,700.00 in a research report on Tuesday, July 19th. Morgan Stanley boosted their price objective on shares of Chipotle Mexican Grill from $1,768.00 to $1,808.00 and gave the company an "overweight" rating in a research report on Wednesday, July 27th. Finally, Cowen boosted their price objective on shares of Chipotle Mexican Grill from $1,850.00 to $1,950.00 and gave the company an "outperform" rating in a research report on Wednesday, September 21st. Seven research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,818.85.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.
- Get a free copy of the StockNews.com research report on Chipotle Mexican Grill (CMG)
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