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

Certuity LLC raised its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 43.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,704 shares of the restaurant operator’s stock after buying an additional 4,149 shares during the period. Certuity LLC’s holdings in Chipotle Mexican Grill were worth $826,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CMG. Golden State Wealth Management LLC acquired a new position in shares of Chipotle Mexican Grill during the 4th quarter worth approximately $371,000. Hantz Financial Services Inc. boosted its holdings in shares of Chipotle Mexican Grill by 5,897.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock worth $2,820,000 after purchasing an additional 48,126 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock worth $900,000 after purchasing an additional 9,070 shares during the last quarter. L & S Advisors Inc acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $3,256,000. Finally, Lockheed Martin Investment Management Co. boosted its holdings in shares of Chipotle Mexican Grill by 19.6% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 177,630 shares of the restaurant operator’s stock worth $10,711,000 after purchasing an additional 29,140 shares during the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Trading Down 2.7 %

Shares of CMG stock opened at $56.22 on Wednesday. The firm has a fifty day moving average price of $60.03 and a 200 day moving average price of $57.99. The company has a market cap of $76.60 billion, a P/E ratio of 50.64, a PEG ratio of 2.14 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results 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 net margin of 13.56% and a return on equity of 42.92%. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CMG shares. Loop Capital boosted their target price on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Citigroup lifted their price target on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Wedbush reduced their price target on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. Robert W. Baird lifted their price target on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $75.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Ten research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $66.31.

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.