Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC raised its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 194,794 shares of the restaurant operator's stock after acquiring an additional 7,163 shares during the quarter. Segall Bryant & Hamill LLC's holdings in Chipotle Mexican Grill were worth $9,781,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC increased its holdings in shares of Chipotle Mexican Grill by 4.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock worth $290,000 after purchasing an additional 214 shares during the period. Bank Pictet & Cie Europe AG increased its holdings in shares of Chipotle Mexican Grill by 22.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 1,518,593 shares of the restaurant operator's stock worth $91,571,000 after purchasing an additional 279,267 shares during the period. Proficio Capital Partners LLC boosted its position in shares of Chipotle Mexican Grill by 100.5% during the 4th quarter. Proficio Capital Partners LLC now owns 6,998 shares of the restaurant operator's stock worth $422,000 after acquiring an additional 3,507 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Chipotle Mexican Grill by 20.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,457 shares of the restaurant operator's stock worth $1,354,000 after acquiring an additional 3,888 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Chipotle Mexican Grill by 21.5% during the 4th quarter. Advisors Asset Management Inc. now owns 56,910 shares of the restaurant operator's stock worth $3,432,000 after acquiring an additional 10,056 shares in the last quarter. 91.31% of the stock is owned by institutional investors.

Insider Activity at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Roger E. Theodoredis sold 113,875 shares of the firm's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the transaction, the insider owned 109,815 shares of the company's stock, valued at approximately $5,457,805.50. This trade represents a 50.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.02% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on CMG shares. Evercore ISI reduced their price target on shares of Chipotle Mexican Grill from $64.00 to $57.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. TD Securities restated a "buy" rating and issued a $57.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, June 18th. KeyCorp raised their target price on shares of Chipotle Mexican Grill from $58.00 to $60.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. Redburn Atlantic initiated coverage on shares of Chipotle Mexican Grill in a research report on Tuesday, June 10th. They issued a "neutral" rating and a $55.00 target price on the stock. Finally, Stephens restated an "equal weight" rating and issued a $49.00 target price on shares of Chipotle Mexican Grill in a research report on Monday, June 9th. Nine research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Chipotle Mexican Grill presently has a consensus rating of "Moderate Buy" and an average target price of $61.72.

Chipotle Mexican Grill Stock Performance

CMG stock traded up $0.34 during trading on Friday, hitting $53.88. 9,512,380 shares of the company's stock traded hands, compared to its average volume of 12,526,196. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $66.74. The stock has a market capitalization of $72.60 billion, a price-to-earnings ratio of 47.68, a P/E/G ratio of 2.66 and a beta of 1.08. The business has a fifty day simple moving average of $52.90 and a 200 day simple moving average of $52.84.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a net margin of 13.59% and a return on equity of 43.29%. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter in the prior year, the firm posted $13.37 earnings per share. The business's revenue for the quarter was up 6.4% on a year-over-year basis. Research analysts forecast 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.