Miza Chipotle Mexican Grill, Inc. (NYSE:CMG) Raised by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust boosted its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 3,703.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). ). The fund owned 4,184 shares of the restaurant operator’s stock after acquiring an additional 4,074 shares during the period. Parkside Financial Bank & Trust’s holdings in Chipotle Mexican Grill were worth $262,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have added to or reduced their stakes in CMG. Evermay Wealth Management LLC lifted its position in shares of Chipotle Mexican Grill by 1.8% during the 4th quarter. Evermay Wealth Management LLC now owns 231 shares of the restaurant operator’s stock worth $528,000 after purchasing an additional 4 shares in the last quarter. Peloton Wealth Strategis raised its stake in Chipotle Mexican Grill by 0.3% in the fourth quarter. Peloton Wealth Strategists now owns 1,451 shares of the restaurant operator’s stock worth $3,318,000 after buying an additional 4 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in Chipotle Mexican Grill by 19.0% in the first quarter. Hazlett Burt & Watson Inc. now owns 25 shares of the restaurant operator’s stock worth $73,000 after buying an additional 4 shares during the period. Diversified Trust Co boosted its holdings in Chipotle Mexican Grill by 0.9% in the first quarter. Diversified Trust Co now owns 474 shares of the restaurant operator’s stock valued at $1,378,000 after buying an additional 4 shares during the period. Finally, Valley National Advisers Inc. raised its holdings in shares of Chipotle Mexican Grill by 9.8% in the first quarter. Valley National Advisers Inc. now owns 45 shares of the restaurant operator’s stock worth $131,000 after acquiring an additional 4 shares during the period. 91.31% of shares are owned by institutional investors and hedge funds.

Chipotle Mexican BBQ stocks rose 1.2%

NYSE:CMG opened at $53.69 on Friday. The company has a fifty day moving average of $54.95 and a 200 day moving average of $80.60. The firm has a market cap of $73.74 billion, a P/E ratio of 57.12, a P/E/G ratio of 2.34 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 12-month low of $35.37 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG – Get Your Free Report ) last issued its quarterly earnings data on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. Chipotle Mexican Grill’s revenue for the quarter was up 18.2% compared to the same quarter last year. In the same quarter in the previous year, the business posted EPS of $12.65. On average, analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.

Analyst upgrades and downgrades

Several brokerages have recently issued reports on CMG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $67.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. JPMorgan Chase & Co. boosted their price objective on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, June 3rd. Loop Capital decreased their price objective on shares of Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a research report on Thursday, July 25th. Piper Sandler cut their price target on shares of Chipotle Mexican Grill from $61.00 to $56.00 and set a “neutral” rating on the stock in a research report on Thursday, July 25th. Finally, Barclays lowered their price objective on shares of Chipotle Mexican Grill from $58.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Thursday. July 25. Ten investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The company has an average rating of “Moderate Buy” and a consensus price target of $62.36, according to MarketBeat.

Read the latest stock analysis on CMG

Inside activity at Chipotle Mexican Grill

In related news, insider Curtis E. Garner sold 17,394 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares of the company’s stock, valued at approximately $19,591,844. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC’s website. 1.02% of shares are currently owned by insiders.

Chipotle Mexican Grill Company Profile

(Free report)

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. Sell ​​food and beverages by offering burritos, burrito bowls, quesadillas, tacos and salads. The company also offers delivery and related services, its app and website. It has operations in the United States, Canada, France, Germany and the United Kingdom.

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