Cypress Capital Group Acquires Shares of 3,200 Chipotle Mexican Grill, Inc. (NYSE:CMG)

Cypress Capital Group acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 3,200 shares of the restaurant operator’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Chipotle Mexican Grill by 4,260.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,132,332 shares of the restaurant operator’s stock worth $196,241,000 after purchasing an additional 3,060,498 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Chipotle Mexican Grill by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 2,732,471 shares of the restaurant operator’s stock valued at $7,942,665,000 after buying an additional 25,238 shares during the period. Raymond James & Associates grew its stake in shares of Chipotle Mexican Grill by 5,217.4% during the 2nd quarter. Raymond James & Associates now owns 1,528,604 shares of the restaurant operator’s stock worth $95,767,000 after purchasing an additional 1,499,857 shares during the period. Calamos Advisors LLC increased its holdings in shares of Chipotle Mexican Grill by 6,114.1% in the 2nd quarter. Calamos Advisors LLC now owns 1,327,021 shares of the restaurant operator’s stock valued at $83,138,000 after purchasing an additional 1,305,666 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its stake in shares of Chipotle Mexican Grill by 4,649.4% in the second quarter. New York State Teachers Retirement System now owns 1,322,150 shares of the restaurant operator’s stock valued at $82,833,000 after purchasing an additional 1,294,312 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In other news, insider Curtis E. Garner sold 17,394 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was 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 directly owns 358,300 shares in the company, valued at approximately $19,591,844. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.02% of the stock is owned by corporate insiders.

Chipotle Mexican Grill Trading Up 0.5 %

NYSE CMG traded up $0.26 during trading hours on Friday, reaching $53.71. 9,928,362 shares of the company’s stock were exchanged, compared to its average volume of 15,141,147. The firm has a fifty day moving average of $121.44 and a 200-day moving average of $80.82. Chipotle Mexican Grill, Inc. has a one year low of $35.37 and a one year high of $69.26. The stock has a market cap of $73.76 billion, a PE ratio of 57.14, a price-to-earnings-growth ratio of 2.23 and a beta of 1.24.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. The business had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the firm posted $12.65 earnings per share. The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. As a group, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.09 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on CMG. StockNews.com lowered shares of Chipotle Mexican Grill from a “buy” rating to a “hold” rating in a research report on Thursday, July 4th. Loop Capital cut their target price on shares of Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating for the company in a research note on Thursday, July 25th. Guggenheim upped their price objective on shares of Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Raymond James lowered their target price on shares of Chipotle Mexican Grill from $70.00 to $62.50 and set an “outperform” rating for the company in a research note on Thursday, July 25th. Finally, The Goldman Sachs Group reduced their price target on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.36.

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.