TFR Capital LLC. Increases Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

TFR Capital LLC. grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 11.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,291 shares of the restaurant operator's stock after acquiring an additional 4,528 shares during the period. Chipotle Mexican Grill accounts for 0.9% of TFR Capital LLC.'s portfolio, making the stock its 29th largest holding. TFR Capital LLC.'s holdings in Chipotle Mexican Grill were worth $2,174,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Revolve Wealth Partners LLC boosted its position 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 buying an additional 214 shares during the last quarter. Money Concepts Capital Corp raised its holdings in shares of Chipotle Mexican Grill by 3.0% during the first quarter. Money Concepts Capital Corp now owns 7,491 shares of the restaurant operator's stock worth $376,000 after acquiring an additional 221 shares during the period. SlateStone Wealth LLC raised its position in Chipotle Mexican Grill by 3.4% in the 4th quarter. SlateStone Wealth LLC now owns 7,196 shares of the restaurant operator's stock valued at $434,000 after buying an additional 235 shares during the last quarter. Northwest Bank & Trust Co grew its stake in shares of Chipotle Mexican Grill by 0.5% during the 4th quarter. Northwest Bank & Trust Co now owns 45,324 shares of the restaurant operator's stock worth $2,788,000 after acquiring an additional 236 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its holdings in Chipotle Mexican Grill by 2.6% during the first quarter. Linden Thomas Advisory Services LLC now owns 9,728 shares of the restaurant operator's stock worth $488,000 after purchasing an additional 243 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Down 0.7%

Shares of Chipotle Mexican Grill stock traded down $0.41 during trading on Friday, hitting $56.00. 8,282,822 shares of the stock traded hands, compared to its average volume of 12,674,862. The stock has a market cap of $75.45 billion, a price-to-earnings ratio of 49.56, a PEG ratio of 2.77 and a beta of 1.08. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $66.74. The firm's fifty day moving average is $52.58 and its 200-day moving average is $53.12.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.59% and a return on equity of 43.29%. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $13.37 earnings per share. On average, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CMG shares. TD Securities restated a "buy" rating and set a $57.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, June 18th. Guggenheim set a $47.00 price objective on Chipotle Mexican Grill in a report on Friday, April 25th. Stifel Nicolaus reduced their target price on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. Piper Sandler lowered their target price on shares of Chipotle Mexican Grill from $59.00 to $52.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Finally, Wells Fargo & Company reduced their price target on shares of Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Nine analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.25.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Roger E. Theodoredis sold 113,875 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the completion of the transaction, the insider owned 109,815 shares in the company, valued at $5,457,805.50. This represents a 50.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.81% of the stock is currently owned by corporate insiders.

About Chipotle Mexican Grill

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.