Bfsg LLC Has $3.52 Million Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Bfsg LLC boosted its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 9.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,319 shares of the restaurant operator's stock after purchasing an additional 4,996 shares during the quarter. Bfsg LLC's holdings in Chipotle Mexican Grill were worth $3,517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CMG. Transcendent Capital Group LLC increased its holdings 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 worth $30,000 after purchasing an additional 475 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at approximately $32,000. Capital Performance Advisors LLP bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at approximately $33,000. Global Trust Asset Management LLC bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at approximately $35,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after acquiring an additional 555 shares during the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Performance

NYSE:CMG traded down $1.58 during trading hours on Friday, hitting $51.47. 12,627,766 shares of the company's stock traded hands, compared to its average volume of 10,804,313. The firm has a market cap of $69.76 billion, a P/E ratio of 46.36, a P/E/G ratio of 2.07 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The stock's fifty day moving average price is $58.64 and its two-hundred day moving average price is $58.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share 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%. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Insider Activity at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the company's stock in a transaction 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.02% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CMG. Wedbush lowered their price target 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. Stifel Nicolaus lowered their price objective on Chipotle Mexican Grill from $70.00 to $68.00 and set a "buy" rating for the company in a research note on Wednesday, February 5th. Piper Sandler lowered their price objective on Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Stephens lowered their price objective on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Finally, Loop Capital upped their price objective on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a "hold" rating in a research note on Wednesday, October 30th. Ten analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Chipotle Mexican Grill presently 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.