Peterson Wealth Services Has $348,000 Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Peterson Wealth Services lifted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 10.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,772 shares of the restaurant operator’s stock after buying an additional 538 shares during the quarter. Peterson Wealth Services’ holdings in Chipotle Mexican Grill were worth $348,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth $311,000. Essex Financial Services Inc. bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $207,000. Panoramic Capital Partners LLC bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $262,000. Global Wealth Management Investment Advisory Inc. increased its position in shares of Chipotle Mexican Grill by 4.3% in the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 31,788 shares of the restaurant operator’s stock worth $1,917,000 after purchasing an additional 1,302 shares during the period. Finally, Savant Capital LLC increased its position in shares of Chipotle Mexican Grill by 45.0% in the fourth quarter. Savant Capital LLC now owns 29,672 shares of the restaurant operator’s stock worth $1,789,000 after purchasing an additional 9,202 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was 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. The trade was a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.02% of the stock is owned by insiders.

Chipotle Mexican Grill Price Performance

Chipotle Mexican Grill stock opened at $57.84 on Tuesday. The stock’s 50 day moving average is $60.09 and its 200 day moving average is $57.94. The firm has a market cap of $78.81 billion, a P/E ratio of 52.10, a P/E/G ratio of 2.14 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a one year low of $47.98 and a one year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data 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 return on equity of 42.92% and a net margin of 13.56%. Equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CMG shares. Wells Fargo & Company decreased their price target on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Jefferies Financial Group raised their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Loop Capital raised their price target on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Raymond James decreased their price target on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Finally, Citigroup raised their price target on Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Ten investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Chipotle Mexican Grill currently 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.