Chipotle Mexican Grill, Inc. (NYSE:CMG) Director Ali Namvar purchased 3,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were purchased at an average price of $317.70 per share, with a total value of $953,100.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Chipotle Mexican Grill, Inc. (NYSE CMG) traded up $0.01 during trading on Friday, hitting $313.92. The stock had a trading volume of 406,403 shares, compared to its average volume of 1,516,767. The firm has a market cap of $8,830.00, a PE ratio of 51.00, a price-to-earnings-growth ratio of 2.19 and a beta of 0.59. Chipotle Mexican Grill, Inc. has a fifty-two week low of $247.51 and a fifty-two week high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, February 6th. The restaurant operator reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the firm earned $0.55 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. equities research analysts predict that Chipotle Mexican Grill, Inc. will post 8.32 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of CMG. Sharkey Howes & Javer increased its position in Chipotle Mexican Grill by 953.9% in the 4th quarter. Sharkey Howes & Javer now owns 12,647 shares of the restaurant operator’s stock valued at $115,000 after acquiring an additional 11,447 shares during the period. Mosaic Family Wealth LLC increased its position in Chipotle Mexican Grill by 1,356.7% in the 4th quarter. Mosaic Family Wealth LLC now owns 437 shares of the restaurant operator’s stock valued at $126,000 after acquiring an additional 407 shares during the period. First Interstate Bank increased its position in Chipotle Mexican Grill by 111.1% in the 3rd quarter. First Interstate Bank now owns 475 shares of the restaurant operator’s stock valued at $146,000 after acquiring an additional 250 shares during the period. Bronfman E.L. Rothschild L.P. increased its position in Chipotle Mexican Grill by 75.7% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 571 shares of the restaurant operator’s stock valued at $165,000 after acquiring an additional 246 shares during the period. Finally, Mercer Capital Advisers Inc. acquired a new stake in Chipotle Mexican Grill in the 3rd quarter valued at approximately $183,000. Hedge funds and other institutional investors own 88.88% of the company’s stock.
Several equities research analysts have commented on CMG shares. ValuEngine lowered Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Maxim Group reaffirmed a “buy” rating and issued a $425.00 target price (up previously from $400.00) on shares of Chipotle Mexican Grill in a research report on Thursday, January 18th. Zacks Investment Research raised Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 16th. Canaccord Genuity reaffirmed a “hold” rating on shares of Chipotle Mexican Grill in a research report on Thursday, November 9th. Finally, Raymond James Financial raised Chipotle Mexican Grill from an “underperform” rating to a “market perform” rating in a research report on Friday, January 19th. Eight investment analysts have rated the stock with a sell rating, twenty-four have issued a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $337.30.
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Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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