WD Rutherford LLC Purchases 3,882 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

WD Rutherford LLC grew its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,495 shares of the restaurant operator’s stock after acquiring an additional 3,882 shares during the quarter. WD Rutherford LLC’s holdings in Chipotle Mexican Grill were worth $2,562,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in Chipotle Mexican Grill in the 4th quarter valued at about $371,000. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Chipotle Mexican Grill by 155.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock valued at $900,000 after buying an additional 9,070 shares during the period. Hantz Financial Services Inc. grew its position in Chipotle Mexican Grill by 5,897.8% during the third quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock worth $2,820,000 after buying an additional 48,126 shares in the last quarter. L & S Advisors Inc acquired a new stake in Chipotle Mexican Grill during the third quarter worth approximately $3,256,000. Finally, Lockheed Martin Investment Management Co. increased its stake in 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 acquiring an additional 29,140 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction dated 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 in the company, valued at approximately $12,078,337.92. This trade represents a 2.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CMG shares. Citigroup upped their target price on Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Raymond James cut their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. KeyCorp decreased their target price on shares of Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Barclays cut their price target on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Finally, Stifel Nicolaus reduced their price target on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Ten equities research 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 company. According to data from MarketBeat, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.31.

Chipotle Mexican Grill Trading Down 1.8 %

Shares of CMG opened at $57.06 on Friday. The stock’s 50-day moving average price is $59.50 and its two-hundred day moving average price is $58.07. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26. The company has a market capitalization of $77.74 billion, a PE ratio of 51.39, a PEG ratio of 2.14 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced 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 research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

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.