Valmark Advisers Inc. Has $775,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Valmark Advisers Inc. lessened its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,849 shares of the restaurant operator’s stock after selling 182 shares during the quarter. Valmark Advisers Inc.’s holdings in Chipotle Mexican Grill were worth $775,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CMG. Transcendent Capital Group LLC lifted its position in Chipotle Mexican Grill by 950.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $32,000. Capital Performance Advisors LLP acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $33,000. Global Trust Asset Management LLC acquired a new position in Chipotle Mexican Grill in the third quarter valued at approximately $35,000. Finally, Sound Income Strategies LLC lifted its holdings in Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 555 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CMG shares. KeyCorp cut their price target on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Stephens cut their target price on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. 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 note on Wednesday, February 5th. Jefferies Financial Group increased their price target on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Finally, Loop Capital increased their price target on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Insider Activity at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of the company’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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.02% of the stock is owned by company insiders.

Chipotle Mexican Grill Trading Down 1.8 %

CMG stock opened at $57.06 on Tuesday. The firm 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, Inc. has a 1-year low of $47.98 and a 1-year high of $69.26. The business’s 50 day simple moving average is $59.50 and its 200 day simple moving average is $58.14.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data 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 net margin of 13.56% and a return on equity of 42.92%. As a group, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Chipotle Mexican Grill Company 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.