UniSuper Management Pty Ltd Has $2.12 Million Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

UniSuper Management Pty Ltd boosted its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 216.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 728 shares of the restaurant operator’s stock after purchasing an additional 498 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Chipotle Mexican Grill were worth $2,116,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Clearbridge Investments LLC lifted its stake in shares of Chipotle Mexican Grill by 1.0% in the first quarter. Clearbridge Investments LLC now owns 3,422 shares of the restaurant operator’s stock valued at $9,947,000 after buying an additional 34 shares in the last quarter. Seven Eight Capital LP lifted its position in shares of Chipotle Mexican Grill by 1,058.7% during the first quarter. Seven Eight Capital LP now owns 1,599 shares of the restaurant operator’s stock valued at $4,648,000 after purchasing an additional 1,461 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Chipotle Mexican Grill by 19.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,990 shares of the restaurant operator’s stock valued at $5,784,000 after purchasing an additional 327 shares in the last quarter. NWK Group Inc. lifted its position in shares of Chipotle Mexican Grill by 2.7% during the first quarter. NWK Group Inc. now owns 3,069 shares of the restaurant operator’s stock valued at $8,921,000 after purchasing an additional 80 shares in the last quarter. Finally, TIAA Trust National Association lifted its position in shares of Chipotle Mexican Grill by 5.1% during the first quarter. TIAA Trust National Association now owns 6,345 shares of the restaurant operator’s stock valued at $18,443,000 after purchasing an additional 310 shares in the last quarter. 91.31% of the stock is owned by institutional investors.

Insider Transactions at Chipotle Mexican Grill

In other news, Director Albert S. Baldocchi sold 50,000 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $63.32, for a total value of $3,166,010.00. Following the sale, the director now directly owns 1,362,500 shares of the company’s stock, valued at approximately $86,273,772.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Albert S. Baldocchi sold 50,000 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $63.32, for a total value of $3,166,010.00. Following the sale, the director now directly owns 1,362,500 shares of the company’s stock, valued at approximately $86,273,772.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian R. Niccol sold 320,300 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $63.72, for a total transaction of $20,409,003.52. Following the completion of the sale, the chief executive officer now directly owns 1,133,450 shares in the company, valued at $72,221,620.48. The disclosure for this sale can be found here. Insiders have sold 550,750 shares of company stock valued at $35,023,769 in the last three months. 1.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CMG has been the topic of several research reports. Stephens reaffirmed an “equal weight” rating and issued a $30.50 price objective (down previously from $3,050.00) on shares of Chipotle Mexican Grill in a research report on Wednesday, July 10th. KeyCorp reduced their target price on shares of Chipotle Mexican Grill from $3,400.00 to $68.00 and set an “overweight” rating for the company in a research note on Tuesday, July 9th. Morgan Stanley lifted their target price on shares of Chipotle Mexican Grill from $59.72 to $62.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 25th. Jefferies Financial Group lifted their target price on shares of Chipotle Mexican Grill from $47.00 to $54.00 and gave the stock a “hold” rating in a research note on Tuesday, April 16th. Finally, TD Cowen reduced their target price on shares of Chipotle Mexican Grill from $3,600.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, June 26th. Ten investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $64.52.

Chipotle Mexican Grill Price Performance

CMG stock traded down $0.76 during midday trading on Wednesday, reaching $51.79. The company had a trading volume of 38,719,400 shares, compared to its average volume of 14,042,650. The firm has a 50-day moving average price of $126.12 and a 200-day moving average price of $79.88. The company has a market capitalization of $71.13 billion, a P/E ratio of 55.37, a P/E/G ratio of 2.14 and a beta of 1.24. Chipotle Mexican Grill, Inc. has a 1 year low of $35.37 and a 1 year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.94 billion. Chipotle Mexican Grill had a net margin of 12.70% and a return on equity of 43.74%. The company’s revenue was up 18.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $12.65 EPS. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.1 EPS 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.