Mainstream Capital Management LLC Boosts Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Mainstream Capital Management LLC increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,034 shares of the restaurant operator’s stock after purchasing an additional 231 shares during the period. Chipotle Mexican Grill accounts for 1.1% of Mainstream Capital Management LLC’s holdings, making the stock its 25th biggest holding. Mainstream Capital Management LLC’s holdings in Chipotle Mexican Grill were worth $1,630,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. US Bancorp DE boosted its position in shares of Chipotle Mexican Grill by 12.9% during the 3rd quarter. US Bancorp DE now owns 115,987 shares of the restaurant operator’s stock valued at $6,683,000 after acquiring an additional 13,237 shares during the last quarter. Stephens Inc. AR bought a new position in shares of Chipotle Mexican Grill during the 3rd quarter valued at approximately $341,000. Focus Financial Network Inc. boosted its position in shares of Chipotle Mexican Grill by 9.3% during the 3rd quarter. Focus Financial Network Inc. now owns 5,405 shares of the restaurant operator’s stock valued at $311,000 after acquiring an additional 462 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Chipotle Mexican Grill by 4.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,561 shares of the restaurant operator’s stock valued at $781,000 after buying an additional 545 shares during the period. Finally, Chicago Partners Investment Group LLC raised its holdings in Chipotle Mexican Grill by 6.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 12,218 shares of the restaurant operator’s stock valued at $721,000 after buying an additional 775 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction on Tuesday, December 10th. The stock was 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 of the company’s stock, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Trading Up 0.7 %

Chipotle Mexican Grill stock opened at $54.34 on Tuesday. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26. The stock’s 50 day simple moving average is $57.23 and its two-hundred day simple moving average is $58.13. The firm has a market cap of $73.65 billion, a PE ratio of 48.95, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

CMG has been the topic of several recent research reports. Barclays decreased their price target on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. Raymond James reduced their target price on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Citigroup increased their target price on Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, February 5th. Stephens cut their price target on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Finally, Evercore ISI raised their price target on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Nine investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus target price of $66.60.

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.