Woodard & Co. Asset Management Group Inc. ADV Acquires Shares of 11,861 Chipotle Mexican Grill, Inc. (NYSE:CMG)

Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,861 shares of the restaurant operator's stock, valued at approximately $715,000.

A number of other large investors also recently bought and sold shares of CMG. Catalyst Capital Advisors LLC acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter worth $66,000. Principal Financial Group Inc. increased its position in shares of Chipotle Mexican Grill by 11.7% in the 4th quarter. Principal Financial Group Inc. now owns 2,340,832 shares of the restaurant operator's stock valued at $141,152,000 after acquiring an additional 245,324 shares during the period. Americana Partners LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $4,640,000. Strategic Advisors LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $202,000. Finally, Sierra Ocean LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $50,000. Institutional investors own 91.31% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CMG shares. BMO Capital Markets upped their target price on Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a "market perform" rating in a research report on Wednesday, October 30th. Stephens lowered their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Wedbush lowered their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 5th. Sanford C. Bernstein reissued an "outperform" rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Finally, Cfra raised shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and increased their target price for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Ten 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 stock. According to MarketBeat, Chipotle Mexican Grill presently has an average rating of "Moderate Buy" and a consensus price target of $66.31.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.02% of the stock is currently owned by corporate insiders.

Chipotle Mexican Grill Price Performance

Shares of NYSE:CMG traded down $0.77 during mid-day trading on Thursday, reaching $53.04. 10,234,962 shares of the company were exchanged, compared to its average volume of 10,748,335. The firm has a market cap of $71.88 billion, a price-to-earnings ratio of 47.77, a P/E/G ratio of 2.10 and a beta of 1.27. The firm's 50-day simple moving average is $58.91 and its 200 day simple moving average is $58.15. Chipotle Mexican Grill, Inc. has a 1 year low of $47.98 and a 1 year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. On average, research analysts forecast 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.