Warther Private Wealth LLC Buys 3,252 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Warther Private Wealth LLC raised its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 164,902 shares of the restaurant operator’s stock after acquiring an additional 3,252 shares during the quarter. Chipotle Mexican Grill accounts for 3.3% of Warther Private Wealth LLC’s holdings, making the stock its 14th largest position. Warther Private Wealth LLC’s holdings in Chipotle Mexican Grill were worth $9,944,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Transcendent Capital Group LLC raised its holdings in Chipotle Mexican Grill by 950.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after acquiring an additional 475 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Chipotle Mexican Grill in the third quarter valued at $32,000. Capital Performance Advisors LLP bought a new position in Chipotle Mexican Grill in the third quarter worth $33,000. Global Trust Asset Management LLC acquired a new stake in Chipotle Mexican Grill during the third quarter worth $35,000. Finally, Sound Income Strategies LLC increased its holdings in Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 555 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Down 2.7 %

CMG stock opened at $56.22 on Wednesday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. 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. The business has a fifty day moving average of $60.03 and a 200-day moving average of $57.99.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping 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%. As a group, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the sale, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.02% of the stock is currently owned by insiders.

Analyst Ratings Changes

CMG has been the subject of a number of analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Truist Financial raised their price target on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. BMO Capital Markets upped their price objective on Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a research note on Wednesday, October 30th. Piper Sandler dropped their target price on Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Finally, Stephens decreased their price target on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Ten research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus price target of $66.31.

About Chipotle Mexican Grill

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.