Guerra Pan Advisors LLC Increases Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Guerra Pan Advisors LLC boosted its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 10.4% in the 4th quarter, Holdings Channel reports. The fund owned 13,633 shares of the restaurant operator’s stock after acquiring an additional 1,283 shares during the quarter. Guerra Pan Advisors LLC’s holdings in Chipotle Mexican Grill were worth $822,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CMG. Public Sector Pension Investment Board grew its stake in Chipotle Mexican Grill by 8,266.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 50,950 shares of the restaurant operator’s stock valued at $3,192,000 after acquiring an additional 50,341 shares in the last quarter. Evergreen Capital Management LLC grew its stake in Chipotle Mexican Grill by 5,714.0% during the 2nd quarter. Evergreen Capital Management LLC now owns 5,000 shares of the restaurant operator’s stock valued at $313,000 after acquiring an additional 4,914 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $106,000. Caxton Associates LP purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $479,000. Finally, APG Asset Management N.V. grew its stake in shares of Chipotle Mexican Grill by 10,215.0% in the 2nd quarter. APG Asset Management N.V. now owns 346,997 shares of the restaurant operator’s stock valued at $20,284,000 after buying an additional 343,633 shares during the period. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insiders Place Their Bets

In other news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the sale, the insider now owns 185,792 shares in the company, valued at approximately $12,078,337.92. This trade represents a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CMG has been the subject of several analyst reports. Royal Bank of Canada increased their price target on shares of Chipotle Mexican Grill from $70.00 to $75.00 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Barclays increased their price target on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 7th. TD Cowen increased their price target on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Evercore ISI upped their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Oppenheimer upped their price objective on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.81.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $56.61 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $46.15 and a 1 year high of $69.26. The company has a market capitalization of $77.14 billion, a P/E ratio of 52.69, a PEG ratio of 1.88 and a beta of 1.27. The company’s fifty day moving average is $60.64 and its two-hundred day moving average is $57.72.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same period last year, the firm posted $0.23 EPS. Chipotle Mexican Grill’s revenue for the quarter was up 13.0% on a year-over-year basis. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

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.