Pinkerton Retirement Specialists LLC bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,891 shares of the restaurant operator’s stock, valued at approximately $244,000.
Several other hedge funds also recently made changes to their positions in CMG. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Chipotle Mexican Grill during the second quarter worth approximately $25,000. Riverview Trust Co increased its holdings in shares of Chipotle Mexican Grill by 4,900.0% during the second quarter. Riverview Trust Co now owns 400 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 392 shares during the period. RiverPark Advisors LLC increased its holdings in shares of Chipotle Mexican Grill by 4,900.0% during the second quarter. RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 392 shares during the period. Archer Investment Corp bought a new position in shares of Chipotle Mexican Grill during the second quarter worth approximately $25,000. Finally, Chilton Capital Management LLC bought a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $27,000. 91.31% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, insider Curtis E. Garner sold 17,394 shares of Chipotle Mexican Grill stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the transaction, the insider now owns 358,300 shares of the company’s stock, valued at $19,591,844. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.02% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Chipotle Mexican Grill
Chipotle Mexican Grill Stock Performance
NYSE:CMG opened at $56.35 on Friday. The company has a market capitalization of $77.17 billion, a PE ratio of 60.13, a P/E/G ratio of 2.33 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a fifty-two week low of $35.37 and a fifty-two week high of $69.26. The company has a 50 day simple moving average of $54.44 and a two-hundred day simple moving average of $80.68.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last announced its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm earned $12.65 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 18.2% on a year-over-year basis. Research analysts predict that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current 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.
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