Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 75.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,029 shares of the restaurant operator's stock after purchasing an additional 7,319 shares during the period. J.W. Cole Advisors Inc.'s holdings in Chipotle Mexican Grill were worth $1,027,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. 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 period. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Chipotle Mexican Grill during the third quarter worth about $32,000. Capital Performance Advisors LLP purchased a new stake in shares of Chipotle Mexican Grill during the third quarter worth approximately $33,000. Global Trust Asset Management LLC acquired a new stake in Chipotle Mexican Grill in the third quarter valued at approximately $35,000. Finally, Sound Income Strategies LLC lifted its stake 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 worth $36,000 after acquiring an additional 555 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Performance

Chipotle Mexican Grill stock traded down $1.58 during mid-day trading on Friday, reaching $51.47. 12,627,766 shares of the company were exchanged, compared to its average volume of 10,804,313. The firm's 50-day simple moving average is $58.64 and its two-hundred day simple moving average is $58.11. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The firm has a market cap of $69.76 billion, a PE ratio of 46.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping 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, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analysts Set New Price Targets

CMG has been the topic of a number of recent analyst reports. Citigroup increased their price objective on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. BMO Capital Markets increased their target price on Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a "market perform" rating in a report on Wednesday, October 30th. Wells Fargo & Company cut their price target on Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. TD Cowen upped their price objective on Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Finally, Cfra raised Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and raised their target price for the stock from $59.00 to $73.00 in a research report on Wednesday, February 5th. Ten research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill has an average rating of "Moderate Buy" and a consensus target price of $66.31.

Insider Transactions at Chipotle Mexican Grill

In related 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 sale, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.02% of the company's stock.

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.