Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Savant Capital LLC

Savant Capital LLC increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 45.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,672 shares of the restaurant operator’s stock after buying an additional 9,202 shares during the quarter. Savant Capital LLC’s holdings in Chipotle Mexican Grill were worth $1,789,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CMG. Transcendent Capital Group LLC grew its stake in shares of Chipotle Mexican Grill by 950.0% in the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 475 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at about $32,000. Capital Performance Advisors LLP acquired a new stake in shares of Chipotle Mexican Grill in the third quarter valued at about $33,000. Global Trust Asset Management LLC purchased a new position in Chipotle Mexican Grill in the third quarter valued at about $35,000. Finally, Sound Income Strategies LLC boosted its holdings in Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 555 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Activity at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction that occurred 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 sale, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and increased their price target for the company from $59.00 to $73.00 in a report on Wednesday, February 5th. Evercore ISI increased their price target on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Loop Capital increased their price target on Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Oppenheimer increased their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Finally, Citigroup increased their price target on Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, February 5th. Ten investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Chipotle Mexican Grill Price Performance

CMG opened at $58.16 on Friday. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26. The stock has a market cap of $79.25 billion, a P/E ratio of 52.39, a P/E/G ratio of 2.14 and a beta of 1.27. The stock’s 50 day moving average price is $59.81 and its 200 day moving average price is $58.03.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating 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%. Equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Chipotle Mexican Grill Company 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.