Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC boosted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 36.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,981 shares of the restaurant operator’s stock after buying an additional 3,481 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Chipotle Mexican Grill were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its holdings in Chipotle Mexican Grill by 27.9% during the first quarter. Empowered Funds LLC now owns 344 shares of the restaurant operator’s stock worth $1,000,000 after purchasing an additional 75 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Chipotle Mexican Grill by 9.7% during the 1st quarter. QRG Capital Management Inc. now owns 373 shares of the restaurant operator’s stock worth $1,085,000 after buying an additional 33 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Chipotle Mexican Grill by 41.2% in the 1st quarter. Kingsview Wealth Management LLC now owns 521 shares of the restaurant operator’s stock worth $1,514,000 after buying an additional 152 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in Chipotle Mexican Grill by 29.9% in the 1st quarter. Orion Portfolio Solutions LLC now owns 1,539 shares of the restaurant operator’s stock valued at $4,474,000 after acquiring an additional 354 shares during the last quarter. Finally, Nwam LLC purchased a new position in Chipotle Mexican Grill during the 1st quarter valued at about $220,000. 91.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CMG has been the topic of several research reports. Barclays increased their price target on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. BMO Capital Markets upped their price objective on Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a research report on Wednesday, October 30th. TD Cowen lifted their price objective on Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Evercore ISI upped their target price on shares of Chipotle Mexican Grill from $59.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $70.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $64.47.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction that occurred 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 transaction, the director now owns 41,510 shares of the company’s stock, valued at $2,340,333.80. This trade represents a 4.13 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Curtis E. Garner sold 15,750 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total value of $866,565.00. Following the completion of the sale, the insider now owns 473,514 shares of the company’s stock, valued at $26,052,740.28. This trade represents a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,290 shares of company stock worth $1,866,023 in the last ninety days. 1.02% of the stock is owned by insiders.

Chipotle Mexican Grill Trading Up 1.1 %

NYSE CMG opened at $59.92 on Friday. The stock has a market cap of $81.64 billion, a P/E ratio of 55.77, a PEG ratio of 2.44 and a beta of 1.26. The company’s fifty day simple moving average is $57.78 and its 200-day simple moving average is $81.24. Chipotle Mexican Grill, Inc. has a 52 week low of $42.98 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the company posted $0.23 EPS. Chipotle Mexican Grill’s quarterly revenue was up 13.0% on a year-over-year basis. On average, research analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current fiscal year.

About Chipotle Mexican Grill

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.