WealthShield Partners LLC Purchases 1,998 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

WealthShield Partners LLC increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,291 shares of the restaurant operator’s stock after purchasing an additional 1,998 shares during the quarter. WealthShield Partners LLC’s holdings in Chipotle Mexican Grill were worth $2,972,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in Chipotle Mexican Grill during the fourth quarter worth $371,000. U.S. Capital Wealth Advisors LLC lifted its holdings in Chipotle Mexican Grill by 155.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock worth $900,000 after buying an additional 9,070 shares during the period. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in Chipotle Mexican Grill during the fourth quarter worth $715,000. Hantz Financial Services Inc. lifted its holdings 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 during the period. Finally, L & S Advisors Inc purchased a new stake in Chipotle Mexican Grill during the third quarter worth $3,256,000. Institutional investors own 91.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CMG shares. Wedbush decreased their price objective on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Jefferies Financial Group upped their target price on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Stifel Nicolaus cut their target price on 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. 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. Finally, Barclays cut their target price on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating on the stock 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.31.

Insider Activity

In related news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were 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 of the company’s stock, valued at approximately $12,078,337.92. This trade represents a 2.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Stock Down 3.0 %

NYSE:CMG opened at $51.47 on Monday. Chipotle Mexican Grill, Inc. has a 52 week low of $47.98 and a 52 week high of $69.26. The stock has a market capitalization of $69.76 billion, a PE ratio of 46.36, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock’s 50-day moving average price is $58.38 and its 200-day moving average price is $58.16.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating 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%. Sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal 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.