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

Savant Capital LLC increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 45.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,672 shares of the restaurant operator’s stock after acquiring an additional 9,202 shares during the quarter. Savant Capital LLC’s holdings in Chipotle Mexican Grill were worth $1,789,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CMG. Sanctuary Advisors LLC acquired a new position in shares of Chipotle Mexican Grill in the 2nd quarter worth $186,000. Ritholtz Wealth Management grew its holdings in shares of Chipotle Mexican Grill by 15.1% in the 3rd quarter. Ritholtz Wealth Management now owns 6,958 shares of the restaurant operator’s stock worth $401,000 after acquiring an additional 914 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Chipotle Mexican Grill by 415.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 19,331 shares of the restaurant operator’s stock worth $1,114,000 after acquiring an additional 15,581 shares during the last quarter. CX Institutional boosted its position in shares of Chipotle Mexican Grill by 3.9% in the third quarter. CX Institutional now owns 6,921 shares of the restaurant operator’s stock worth $399,000 after buying an additional 257 shares during the period. Finally, Creative Planning boosted its position in shares of Chipotle Mexican Grill by 82.9% in the third quarter. Creative Planning now owns 444,354 shares of the restaurant operator’s stock worth $25,604,000 after buying an additional 201,397 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $58.16 on Friday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26. The stock’s 50-day moving average is $59.81 and its two-hundred day moving average is $58.03. The firm has a market cap of $79.25 billion, a P/E ratio of 52.39, a price-to-earnings-growth ratio of 2.14 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $70.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. KeyCorp decreased their target price on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Wells Fargo & Company decreased their target price on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. TD Cowen raised their target price on Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Barclays decreased their target price on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Ten analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.31.

Insider Transactions at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the transaction, the insider now directly owns 185,792 shares in the company, valued at approximately $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.02% of the stock is currently owned by corporate insiders.

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.