ARP Americas LP Acquires Shares of 3,940 Chipotle Mexican Grill, Inc. (NYSE:CMG)
ARP Americas LP purchased a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,940 shares of the restaurant operator’s stock, valued at approximately $1,139,000.
Other institutional investors have also recently modified their holdings of the company. American International Group Inc. increased its holdings in Chipotle Mexican Grill by 10.9% in the 4th quarter. American International Group Inc. now owns 9,584 shares of the restaurant operator’s stock worth $2,770,000 after buying an additional 943 shares in the last quarter. Swift Run Capital Management LLC bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $2,890,000. BlackRock Inc. grew its stake in shares of Chipotle Mexican Grill by 0.5% during the 4th quarter. BlackRock Inc. now owns 1,559,197 shares of the restaurant operator’s stock valued at $450,653,000 after purchasing an additional 7,805 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of Chipotle Mexican Grill by 13.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,489 shares of the restaurant operator’s stock valued at $1,008,000 after purchasing an additional 403 shares during the period. Finally, Arizona State Retirement System grew its stake in shares of Chipotle Mexican Grill by 6.7% during the 4th quarter. Arizona State Retirement System now owns 18,039 shares of the restaurant operator’s stock valued at $5,214,000 after purchasing an additional 1,131 shares during the period. Hedge funds and other institutional investors own 84.12% of the company’s stock.
In other news, Director Ali Namvar bought 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were acquired at an average cost of $317.70 per share, with a total value of $953,100.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Pershing Square Capital Manage purchased 420,322 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average price of $318.14 per share, with a total value of $133,721,241.08. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 423,822 shares of company stock worth $134,819,781. 2.01% of the stock is owned by corporate insiders.
Chipotle Mexican Grill, Inc. (NYSE CMG) opened at $318.91 on Friday. Chipotle Mexican Grill, Inc. has a 52-week low of $247.51 and a 52-week high of $499.00. The stock has a market capitalization of $8,910.00, a P/E ratio of 51.77, a price-to-earnings-growth ratio of 2.24 and a beta of 0.58.
Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, February 6th. The restaurant operator reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.02. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the firm posted $0.55 EPS. The company’s revenue was up 7.3% compared to the same quarter last year. research analysts expect that Chipotle Mexican Grill, Inc. will post 8.29 earnings per share for the current year.
ILLEGAL ACTIVITY WARNING: “ARP Americas LP Acquires Shares of 3,940 Chipotle Mexican Grill, Inc. (NYSE:CMG)” was first published by Marea Informative and is the property of of Marea Informative. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.mareainformativa.com/2018/03/16/arp-americas-lp-purchases-new-holdings-in-chipotle-mexican-grill-inc-cmg-updated-updated-updated.html.
Chipotle Mexican Grill Company Profile
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.
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.