Little House Capital LLC Purchases 682 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Little House Capital LLC increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,622 shares of the restaurant operator’s stock after purchasing an additional 682 shares during the period. Little House Capital LLC’s holdings in Chipotle Mexican Grill were worth $1,304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Capital Wealth Partners LLC grew its stake in shares of Chipotle Mexican Grill by 45.0% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 5,631 shares of the restaurant operator’s stock valued at $340,000 after acquiring an additional 1,747 shares in the last quarter. Everhart Financial Group Inc. boosted its holdings in Chipotle Mexican Grill by 42.0% in the 4th quarter. Everhart Financial Group Inc. now owns 15,497 shares of the restaurant operator’s stock valued at $934,000 after purchasing an additional 4,580 shares during the period. Congress Asset Management Co. grew its position in shares of Chipotle Mexican Grill by 1.4% during the 4th quarter. Congress Asset Management Co. now owns 1,925,608 shares of the restaurant operator’s stock worth $116,114,000 after purchasing an additional 27,033 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of Chipotle Mexican Grill by 5.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 4,680 shares of the restaurant operator’s stock worth $282,000 after purchasing an additional 247 shares during the period. Finally, Center for Financial Planning Inc. raised its position in shares of Chipotle Mexican Grill by 22.2% in the fourth quarter. Center for Financial Planning Inc. now owns 6,327 shares of the restaurant operator’s stock valued at $382,000 after buying an additional 1,149 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares of the company’s stock, 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 SEC, which is accessible through this link. 1.02% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CMG shares. Royal Bank of Canada restated an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. KeyCorp reduced their target price on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Stifel Nicolaus dropped their price target on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Piper Sandler reduced their price objective on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Finally, Oppenheimer boosted their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Ten analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.31.

Chipotle Mexican Grill Stock Down 1.8 %

NYSE CMG opened at $57.06 on Friday. The company has a market capitalization of $77.74 billion, a price-to-earnings ratio of 51.39, a PEG ratio of 2.14 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The stock has a fifty day simple moving average of $59.50 and a 200 day simple moving average of $58.07.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. Research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal 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.