Wilmington Savings Fund Society FSB Purchases Shares of 11,589 Chipotle Mexican Grill, Inc. (NYSE:CMG)

Wilmington Savings Fund Society FSB bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 11,589 shares of the restaurant operator's stock, valued at approximately $668,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Arvest Bank Trust Division acquired a new position in shares of Chipotle Mexican Grill in the third quarter worth $359,000. World Investment Advisors LLC purchased a new position in Chipotle Mexican Grill in the third quarter valued at $4,709,000. Sanctuary Advisors LLC grew its stake in Chipotle Mexican Grill by 5,455.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 165,094 shares of the restaurant operator's stock worth $10,238,000 after purchasing an additional 162,122 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its holdings in Chipotle Mexican Grill by 1,597.1% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 66,188 shares of the restaurant operator's stock worth $3,814,000 after purchasing an additional 62,288 shares during the period. Finally, Anchor Investment Management LLC raised its position in Chipotle Mexican Grill by 7.1% in the 3rd quarter. Anchor Investment Management LLC now owns 26,116 shares of the restaurant operator's stock valued at $1,505,000 after purchasing an additional 1,724 shares in the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the company's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total transaction of $286,304.04. Following the transaction, the insider now directly owns 185,792 shares in the company, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $57.05, for a total transaction of $898,537.50. Following the sale, the insider now owns 457,764 shares of the company's stock, valued at approximately $26,115,436.20. The trade was a 3.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.02% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CMG shares. Stephens reissued an "equal weight" rating and set a $65.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. Robert W. Baird lifted their price target on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. Evercore ISI increased their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. Jefferies Financial Group raised their price objective on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a "hold" rating in a report on Monday. Finally, TD Cowen boosted their target price on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $66.36.

Chipotle Mexican Grill Stock Up 0.3 %

NYSE CMG traded up $0.20 during trading hours on Monday, hitting $64.79. 7,217,400 shares of the stock were exchanged, compared to its average volume of 13,396,702. The company has a market cap of $88.28 billion, a price-to-earnings ratio of 60.46, a price-to-earnings-growth ratio of 2.64 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $44.08 and a 12-month high of $69.26. The stock has a 50-day moving average of $60.20 and a 200 day moving average of $81.19.

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