Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by Machina Capital S.A.S.

Machina Capital S.A.S. increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 1,149.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,417 shares of the restaurant operator's stock after acquiring an additional 62,940 shares during the quarter. Chipotle Mexican Grill comprises about 1.0% of Machina Capital S.A.S.'s portfolio, making the stock its 13th largest holding. Machina Capital S.A.S.'s holdings in Chipotle Mexican Grill were worth $3,435,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. AE Wealth Management LLC grew its position in Chipotle Mexican Grill by 18.4% in the first quarter. AE Wealth Management LLC now owns 14,975 shares of the restaurant operator's stock worth $752,000 after acquiring an additional 2,326 shares in the last quarter. Burney Co. raised its holdings in Chipotle Mexican Grill by 6.4% during the 1st quarter. Burney Co. now owns 14,641 shares of the restaurant operator's stock valued at $735,000 after buying an additional 883 shares during the period. Wedbush Securities Inc. lifted its position in Chipotle Mexican Grill by 22.7% in the first quarter. Wedbush Securities Inc. now owns 49,510 shares of the restaurant operator's stock worth $2,486,000 after buying an additional 9,147 shares during the last quarter. Boyd Watterson Asset Management LLC OH boosted its stake in Chipotle Mexican Grill by 4.7% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 29,961 shares of the restaurant operator's stock worth $1,504,000 after buying an additional 1,342 shares during the period. Finally, SYM FINANCIAL Corp increased its position in Chipotle Mexican Grill by 7.1% during the first quarter. SYM FINANCIAL Corp now owns 20,777 shares of the restaurant operator's stock valued at $1,043,000 after acquiring an additional 1,380 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Roger E. Theodoredis sold 113,875 shares of Chipotle Mexican Grill stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $49.70, for a total value of $5,659,587.50. Following the completion of the transaction, the insider owned 109,815 shares in the company, valued at approximately $5,457,805.50. The trade was a 50.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.81% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG traded up $1.01 during midday trading on Friday, hitting $46.75. The company's stock had a trading volume of 33,787,342 shares, compared to its average volume of 15,530,194. The company has a market cap of $62.98 billion, a P/E ratio of 41.74, a price-to-earnings-growth ratio of 2.35 and a beta of 1.08. Chipotle Mexican Grill, Inc. has a 12-month low of $44.46 and a 12-month high of $66.74. The business's 50 day simple moving average is $52.75 and its 200 day simple moving average is $52.58.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.01. The firm had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.11 billion. Chipotle Mexican Grill had a net margin of 13.32% and a return on equity of 43.50%. Chipotle Mexican Grill's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 earnings per share. On average, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on CMG shares. Piper Sandler upped their price target on shares of Chipotle Mexican Grill from $52.00 to $53.00 and gave the company a "neutral" rating in a report on Thursday. TD Securities restated a "buy" rating and issued a $57.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, June 18th. Stephens reiterated an "equal weight" rating and issued a $60.00 target price on shares of Chipotle Mexican Grill in a report on Thursday. Guggenheim cut their price objective on shares of Chipotle Mexican Grill from $47.00 to $46.00 and set a "neutral" rating on the stock in a research report on Friday. Finally, Raymond James Financial reissued an "outperform" rating and set a $60.00 target price (down previously from $62.00) on shares of Chipotle Mexican Grill in a research report on Thursday. Nine equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Chipotle Mexican Grill has a consensus rating of "Moderate Buy" and a consensus price target of $60.71.

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.