Semus Wealth Partners LLC Makes New Investment in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Semus Wealth Partners LLC purchased a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 9,202 shares of the restaurant operator’s stock, valued at approximately $530,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Chipotle Mexican Grill in the 2nd quarter worth approximately $25,000. Riverview Trust Co grew its stake in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Riverview Trust Co now owns 400 shares of the restaurant operator’s stock worth $25,000 after buying an additional 392 shares in the last quarter. RiverPark Advisors LLC grew its stake in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock worth $25,000 after buying an additional 392 shares in the last quarter. Archer Investment Corp purchased a new position in Chipotle Mexican Grill in the 2nd quarter worth approximately $25,000. Finally, Oliver Lagore Vanvalin Investment Group grew its stake in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock worth $25,000 after buying an additional 392 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In related news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.20. Following the sale, the director now directly owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. This represents a 4.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $57.05, for a total transaction of $898,537.50. Following the sale, the insider now directly owns 457,764 shares in the company, valued at $26,115,436.20. This trade represents a 3.33 % 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 valued at $1,866,023 in the last three months. 1.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CMG. Piper Sandler boosted their price objective on shares of Chipotle Mexican Grill from $59.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Wedbush restated an “outperform” rating and issued a $69.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, October 30th. BMO Capital Markets boosted their price objective on shares of Chipotle Mexican Grill from $55.00 to $56.00 and gave the stock a “market perform” rating in a report on Wednesday, October 30th. Barclays boosted their price objective on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Finally, Loop Capital boosted their price objective on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.27.

Chipotle Mexican Grill Trading Up 0.2 %

Shares of NYSE CMG opened at $58.72 on Monday. Chipotle Mexican Grill, Inc. has a 12 month low of $43.20 and a 12 month high of $69.26. The firm has a market capitalization of $80.01 billion, a PE ratio of 54.57, a price-to-earnings-growth ratio of 2.36 and a beta of 1.26. The firm has a fifty day simple moving average of $58.02 and a two-hundred day simple moving average of $81.31.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The company’s revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 EPS. On average, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Chipotle Mexican Grill Company Profile

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.