2,500 Shares in Chipotle Mexican Grill, Inc. $CMG Bought by DHJJ Financial Advisors Ltd.

DHJJ Financial Advisors Ltd. bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,500 shares of the restaurant operator’s stock, valued at approximately $140,000.

A number of other hedge funds have also bought and sold shares of the company. Signature Resources Capital Management LLC acquired a new stake in Chipotle Mexican Grill in the second quarter worth $28,000. Cloud Capital Management LLC acquired a new stake in Chipotle Mexican Grill in the first quarter worth $25,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Chipotle Mexican Grill in the second quarter worth $29,000. 1248 Management LLC acquired a new stake in Chipotle Mexican Grill in the first quarter worth $27,000. Finally, Saudi Central Bank acquired a new stake in Chipotle Mexican Grill in the first quarter worth $27,000. Institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Price Performance

CMG opened at $41.78 on Friday. The company’s 50-day moving average is $41.47 and its 200 day moving average is $47.94. Chipotle Mexican Grill, Inc. has a fifty-two week low of $38.30 and a fifty-two week high of $66.74. The firm has a market capitalization of $56.02 billion, a P/E ratio of 37.30, a PEG ratio of 2.05 and a beta of 0.99.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 13.32% and a return on equity of 43.50%. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same period last year, the firm earned $0.34 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Truist Financial reduced their price target on shares of Chipotle Mexican Grill from $64.00 to $60.00 and set a “buy” rating for the company in a report on Friday, July 25th. Citigroup reduced their price target on shares of Chipotle Mexican Grill from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, July 24th. Barclays reduced their price target on shares of Chipotle Mexican Grill from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Thursday, July 24th. Rothschild & Co Redburn upgraded shares of Chipotle Mexican Grill from a “neutral” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Wednesday, September 3rd. Finally, BTIG Research reiterated a “buy” rating and set a $57.00 price objective on shares of Chipotle Mexican Grill in a report on Friday, September 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.41.

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.