SRS Capital Advisors Inc. Has $1.48 Million Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

SRS Capital Advisors Inc. increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 796.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,541 shares of the restaurant operator’s stock after acquiring an additional 21,804 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Chipotle Mexican Grill were worth $1,480,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Bailard Inc. acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at $514,000. Smartleaf Asset Management LLC lifted its stake in shares of Chipotle Mexican Grill by 67.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,645 shares of the restaurant operator’s stock valued at $459,000 after acquiring an additional 3,084 shares during the period. Keynote Financial Services LLC acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at $203,000. Mitchell Capital Management Co. increased its holdings in Chipotle Mexican Grill by 0.7% in the fourth quarter. Mitchell Capital Management Co. now owns 102,499 shares of the restaurant operator’s stock valued at $6,181,000 after purchasing an additional 725 shares during the last quarter. Finally, Duncker Streett & Co. Inc. increased its holdings in Chipotle Mexican Grill by 9.3% in the fourth quarter. Duncker Streett & Co. Inc. now owns 69,288 shares of the restaurant operator’s stock valued at $4,178,000 after purchasing an additional 5,910 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Activity at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG opened at $54.04 on Monday. The stock has a 50 day moving average price of $57.38 and a 200 day moving average price of $58.13. 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 $73.25 billion, a PE ratio of 48.68, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly 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%. As a group, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on CMG shares. Evercore ISI upped their price objective on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Stephens dropped their price objective on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Barclays dropped their price objective on 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, Raymond James dropped their price objective on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Ten 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 stock. According to MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and a consensus target price 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.