Barclays PLC Acquires 11,624 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Barclays PLC raised its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) by 20.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,005 shares of the restaurant operator’s stock after purchasing an additional 11,624 shares during the quarter. Barclays PLC owned 0.25% of Chipotle Mexican Grill worth $124,576,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Coppell Advisory Solutions LLC purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter worth approximately $32,000. Horizon Bancorp Inc. IN boosted its stake in Chipotle Mexican Grill by 240.0% during the second quarter. Horizon Bancorp Inc. IN now owns 17 shares of the restaurant operator’s stock worth $36,000 after buying an additional 12 shares during the period. Cornerstone Planning Group LLC bought a new position in Chipotle Mexican Grill during the second quarter valued at $39,000. IMA Wealth Inc. increased its position in Chipotle Mexican Grill by 185.7% during the first quarter. IMA Wealth Inc. now owns 20 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 13 shares during the last quarter. Finally, Tyler Stone Wealth Management purchased a new stake in shares of Chipotle Mexican Grill in the second quarter valued at $43,000. Institutional investors own 91.19% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $2,419.28 on Wednesday. The company has a market capitalization of $66.39 billion, a PE ratio of 57.38, a P/E/G ratio of 1.76 and a beta of 1.33. The company has a 50-day simple moving average of $2,276.18 and a two-hundred day simple moving average of $2,056.71. Chipotle Mexican Grill, Inc. has a one year low of $1,470.05 and a one year high of $2,421.13.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, CEO Brian R. Niccol sold 1,093 shares of Chipotle Mexican Grill stock in a transaction on Friday, December 1st. The shares were sold at an average price of $2,199.81, for a total value of $2,404,392.33. Following the transaction, the chief executive officer now directly owns 23,347 shares of the company’s stock, valued at $51,358,964.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, COO Scott Boatwright sold 1,423 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $2,042.02, for a total transaction of $2,905,794.46. Following the transaction, the chief operating officer now owns 3,034 shares in the company, valued at $6,195,488.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brian R. Niccol sold 1,093 shares of Chipotle Mexican Grill stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $2,199.81, for a total transaction of $2,404,392.33. Following the completion of the sale, the chief executive officer now owns 23,347 shares of the company’s stock, valued at $51,358,964.07. The disclosure for this sale can be found here. Insiders have sold a total of 5,669 shares of company stock valued at $12,723,541 in the last 90 days. Insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

CMG has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Chipotle Mexican Grill in a report on Thursday, October 19th. They set a “buy” rating and a $2,375.00 price target on the stock. Citigroup raised their price target on Chipotle Mexican Grill from $2,292.00 to $2,699.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Stifel Nicolaus upped their price objective on Chipotle Mexican Grill from $2,100.00 to $2,450.00 and gave the company a “buy” rating in a research report on Thursday, January 4th. Royal Bank of Canada increased their target price on Chipotle Mexican Grill from $2,185.00 to $2,425.00 and gave the stock an “outperform” rating in a research note on Friday, December 1st. Finally, Raymond James boosted their target price on shares of Chipotle Mexican Grill from $2,450.00 to $2,550.00 and gave the company an “outperform” rating in a research note on Thursday, January 25th. Nine analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $2,297.81.

Check Out Our Latest Report on Chipotle Mexican Grill

Chipotle Mexican Grill Company Profile

(Free Report)

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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