Cromwell Holdings LLC Has $251,000 Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Cromwell Holdings LLC grew its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 14.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,356 shares of the restaurant operator’s stock after acquiring an additional 556 shares during the quarter. Cromwell Holdings LLC’s holdings in Chipotle Mexican Grill were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Chipotle Mexican Grill in the second quarter valued at $25,000. Riverview Trust Co grew its holdings in 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 buying an additional 392 shares in the last quarter. RiverPark Advisors LLC lifted its stake in Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares in the last quarter. Archer Investment Corp bought a new stake in shares of Chipotle Mexican Grill in the 2nd quarter worth $25,000. Finally, Oliver Lagore Vanvalin Investment Group increased its position in shares of Chipotle Mexican Grill by 4,900.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Performance

NYSE CMG opened at $59.44 on Friday. The stock has a market cap of $81.63 billion, a price-to-earnings ratio of 63.23, a PEG ratio of 2.41 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 12 month low of $35.97 and a 12 month high of $69.26. The company’s 50 day moving average is $56.63 and its two-hundred day moving average is $81.17.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. The firm’s revenue was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.65 EPS. Sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $57.05, for a total value of $898,537.50. Following the sale, the insider now owns 457,764 shares of the company’s stock, valued at $26,115,436.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction on Monday, October 7th. The shares were sold at an average price of $57.05, for a total value of $898,537.50. Following the completion of the transaction, the insider now directly owns 457,764 shares of the company’s stock, valued at $26,115,436.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 completion of the transaction, the director now directly owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,684 shares of company stock worth $2,817,127. Corporate insiders own 1.02% of the company’s stock.

Analysts Set New Price Targets

CMG has been the topic of a number of research analyst reports. Wedbush reiterated an “outperform” rating and issued a $58.00 target price on shares of Chipotle Mexican Grill in a research note on Thursday, August 29th. Robert W. Baird dropped their price target on shares of Chipotle Mexican Grill from $74.00 to $62.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 14th. Guggenheim boosted their price objective on Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Loop Capital reduced their target price on Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating for the company in a report on Thursday, July 25th. Finally, Piper Sandler upped their price target on shares of Chipotle Mexican Grill from $56.00 to $59.00 and gave the stock a “neutral” rating in a report on Friday, October 11th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average price target of $63.03.

Chipotle Mexican Grill 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.