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

Fielder Capital Group LLC increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5,557.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,300 shares of the restaurant operator’s stock after acquiring an additional 4,224 shares during the period. Fielder Capital Group LLC’s holdings in Chipotle Mexican Grill were worth $269,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Consolidated Portfolio Review Corp purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $244,000. Valmark Advisers Inc. boosted its position in shares of Chipotle Mexican Grill by 5,992.2% during the 2nd quarter. Valmark Advisers Inc. now owns 12,550 shares of the restaurant operator’s stock worth $786,000 after acquiring an additional 12,344 shares in the last quarter. Capital Management Associates Inc purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at about $204,000. Retireful LLC acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth about $1,009,000. Finally, Ritholtz Wealth Management boosted its holdings in Chipotle Mexican Grill by 8,067.6% in the second quarter. Ritholtz Wealth Management now owns 6,044 shares of the restaurant operator’s stock valued at $379,000 after purchasing an additional 5,970 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the transaction, the insider now owns 358,300 shares of the company’s stock, valued at approximately $19,591,844. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.02% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CMG shares. Loop Capital cut their target price on Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a research report on Thursday, July 25th. Oppenheimer decreased their price objective on Chipotle Mexican Grill from $70.00 to $65.00 and set an “outperform” rating for the company in a report on Thursday, July 25th. Barclays reduced their price target on shares of Chipotle Mexican Grill from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Thursday, July 25th. JPMorgan Chase & Co. raised their price objective on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, June 3rd. Finally, Argus upped their target price on shares of Chipotle Mexican Grill from $73.36 to $77.76 and gave the company a “buy” rating in a report on Tuesday, June 18th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $62.36.

Chipotle Mexican Grill Trading Up 0.8 %

Shares of NYSE:CMG traded up $0.45 during midday trading on Friday, hitting $56.08. 12,845,604 shares of the stock were exchanged, compared to its average volume of 19,780,390. Chipotle Mexican Grill, Inc. has a twelve month low of $35.37 and a twelve month high of $69.26. The company has a 50 day moving average price of $120.35 and a 200-day moving average price of $80.74. The stock has a market cap of $77.02 billion, a P/E ratio of 59.66, a PEG ratio of 2.34 and a beta of 1.24.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the firm earned $12.65 earnings per share. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.08 earnings per share for the current year.

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.