Sharkey Howes & Javer raised its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 953.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,647 shares of the restaurant operator’s stock after buying an additional 11,447 shares during the period. Sharkey Howes & Javer’s holdings in Chipotle Mexican Grill were worth $115,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the business. BlackRock Inc. increased its holdings in Chipotle Mexican Grill by 0.5% during the fourth quarter. BlackRock Inc. now owns 1,559,197 shares of the restaurant operator’s stock valued at $450,653,000 after buying an additional 7,805 shares during the last quarter. Clearbridge Investments LLC increased its holdings in Chipotle Mexican Grill by 6.4% during the fourth quarter. Clearbridge Investments LLC now owns 691,054 shares of the restaurant operator’s stock valued at $199,735,000 after buying an additional 41,468 shares during the last quarter. Independent Franchise Partners LLP purchased a new stake in Chipotle Mexican Grill during the fourth quarter valued at approximately $107,391,000. Geode Capital Management LLC increased its holdings in Chipotle Mexican Grill by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 255,862 shares of the restaurant operator’s stock valued at $73,795,000 after buying an additional 2,179 shares during the last quarter. Finally, Brown Advisory Inc. increased its holdings in Chipotle Mexican Grill by 1.4% during the third quarter. Brown Advisory Inc. now owns 216,827 shares of the restaurant operator’s stock valued at $66,745,000 after buying an additional 3,069 shares during the last quarter. 84.10% of the stock is owned by institutional investors and hedge funds.
In other news, Director Ali Namvar bought 3,000 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average price of $317.70 per share, with a total value of $953,100.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul T. Cappuccio bought 500 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, February 15th. The stock was purchased at an average cost of $290.88 per share, for a total transaction of $145,440.00. Following the purchase, the director now owns 766 shares of the company’s stock, valued at approximately $222,814.08. The disclosure for this purchase can be found here. Insiders have acquired 423,822 shares of company stock valued at $134,819,781 in the last quarter. 2.01% of the stock is owned by company insiders.
Chipotle Mexican Grill stock opened at $319.20 on Monday. Chipotle Mexican Grill, Inc. has a 12-month low of $247.51 and a 12-month high of $499.00. The company has a market cap of $8,943.27, a price-to-earnings ratio of 51.82, a price-to-earnings-growth ratio of 2.21 and a beta of 0.59.
Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $1.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.02. Chipotle Mexican Grill had a net margin of 3.94% and a return on equity of 13.44%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the business earned $0.55 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 7.3% compared to the same quarter last year. equities analysts expect that Chipotle Mexican Grill, Inc. will post 8.25 earnings per share for the current fiscal year.
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About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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