41,350 Shares in Chipotle Mexican Grill, Inc. $CMG Acquired by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 41,350 shares of the restaurant operator's stock, valued at approximately $1,406,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CMG. Revolve Wealth Partners LLC increased its holdings in Chipotle Mexican Grill by 4.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock valued at $290,000 after purchasing an additional 214 shares in the last quarter. Groupama Asset Managment raised its holdings in shares of Chipotle Mexican Grill by 1.9% during the fourth quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator's stock worth $568,000 after purchasing an additional 291 shares during the period. Catalyst Financial Partners LLC lifted its position in shares of Chipotle Mexican Grill by 4.6% in the 4th quarter. Catalyst Financial Partners LLC now owns 6,763 shares of the restaurant operator's stock worth $250,000 after buying an additional 298 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in shares of Chipotle Mexican Grill by 2.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator's stock worth $407,000 after buying an additional 311 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Chipotle Mexican Grill by 14.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,523 shares of the restaurant operator's stock valued at $93,000 after buying an additional 316 shares during the period. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Down 0.2%

Shares of NYSE:CMG opened at $36.84 on Monday. The company has a market cap of $46.62 billion, a PE ratio of 33.80, a P/E/G ratio of 2.35 and a beta of 0.94. The company's 50-day moving average price is $33.80 and its 200 day moving average price is $33.96. Chipotle Mexican Grill, Inc. has a fifty-two week low of $28.03 and a fifty-two week high of $43.72.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same period in the previous year, the business posted $0.33 EPS. Chipotle Mexican Grill's revenue was up 9.3% on a year-over-year basis. As a group, equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CMG. Guggenheim reiterated a "neutral" rating and set a $36.00 price objective (up from $35.00) on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Argus upped their target price on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. BTIG Research reiterated a "buy" rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, August 5th. Weiss Ratings raised Chipotle Mexican Grill from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, August 7th. Finally, Mizuho boosted their price objective on Chipotle Mexican Grill from $40.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, July 13th. Twenty-four equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $44.16.

About Chipotle Mexican Grill

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.

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