Czech National Bank Acquires 16,462 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Czech National Bank raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 295,438 shares of the restaurant operator's stock after buying an additional 16,462 shares during the period. Czech National Bank's holdings in Chipotle Mexican Grill were worth $17,815,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Oliver Lagore Vanvalin Investment Group boosted its position in shares of Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator's stock worth $25,000 after acquiring an additional 392 shares in the last quarter. ZRC Wealth Management LLC boosted its holdings in Chipotle Mexican Grill by 384.0% in the third quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 384 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in Chipotle Mexican Grill in the second quarter valued at approximately $31,000. Transcendent Capital Group LLC raised its holdings in Chipotle Mexican Grill by 950.0% during the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator's stock worth $30,000 after purchasing an additional 475 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Chipotle Mexican Grill during the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 91.31% of the company's stock.

Insider Activity

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the firm's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.02% of the company's stock.

Wall Street Analyst Weigh In

CMG has been the topic of several research reports. Loop Capital boosted their target price on Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a "hold" rating in a report on Wednesday, October 30th. Wedbush restated an "outperform" rating and issued a $69.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, October 30th. Barclays lifted their target price on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an "equal weight" rating in a report on Tuesday, January 7th. Raymond James increased their price target on shares of Chipotle Mexican Grill from $66.00 to $72.00 and gave the stock an "outperform" rating in a report on Monday, December 16th. Finally, Piper Sandler lifted their price objective on Chipotle Mexican Grill from $59.00 to $60.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.81.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock traded up $0.09 on Tuesday, reaching $56.35. 6,008,326 shares of the company were exchanged, compared to its average volume of 8,090,567. The firm has a market cap of $76.78 billion, a price-to-earnings ratio of 52.45, a P/E/G ratio of 2.64 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 1-year low of $45.50 and a 1-year high of $69.26. The company's 50-day moving average is $60.94 and its two-hundred day moving average is $57.91.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The company had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 earnings per share. As a group, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Chipotle Mexican Grill 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.