Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Holdings Raised by Scholtz & Company LLC

Scholtz & Company LLC grew its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4,871.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 185,850 shares of the restaurant operator's stock after buying an additional 182,112 shares during the quarter. Chipotle Mexican Grill accounts for 5.0% of Scholtz & Company LLC's investment portfolio, making the stock its 6th largest position. Scholtz & Company LLC's holdings in Chipotle Mexican Grill were worth $11,644,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Swedbank AB purchased a new position in Chipotle Mexican Grill during the first quarter worth about $53,979,000. Transform Wealth LLC grew its holdings in shares of Chipotle Mexican Grill by 4,760.7% during the second quarter. Transform Wealth LLC now owns 9,527 shares of the restaurant operator's stock worth $597,000 after purchasing an additional 9,331 shares during the last quarter. First Hawaiian Bank increased its holdings in shares of Chipotle Mexican Grill by 4,731.0% in the 2nd quarter. First Hawaiian Bank now owns 17,150 shares of the restaurant operator's stock valued at $1,074,000 after acquiring an additional 16,795 shares during the period. Valeo Financial Advisors LLC grew its stake in shares of Chipotle Mexican Grill by 4,747.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 20,409 shares of the restaurant operator's stock valued at $1,279,000 after purchasing an additional 19,988 shares during the last quarter. Finally, MJP Associates Inc. ADV raised its holdings in Chipotle Mexican Grill by 5,588.0% during the second quarter. MJP Associates Inc. ADV now owns 12,798 shares of the restaurant operator's stock worth $802,000 after purchasing an additional 12,573 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

Insiders Place Their Bets

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of the business's stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the transaction, the insider now directly owns 358,300 shares in the company, valued at $19,591,844. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, insider Curtis E. Garner sold 17,394 shares of the business's stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the transaction, the insider now owns 358,300 shares of the company's stock, valued at $19,591,844. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robin S. Hickenlooper sold 1,790 shares of Chipotle Mexican Grill stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction of $100,920.20. Following the sale, the director now directly owns 41,510 shares of the company's stock, valued at $2,340,333.80. The disclosure for this sale can be found here. Insiders have sold 34,934 shares of company stock valued at $1,918,589 in the last three months. 1.02% of the stock is currently owned by insiders.

Chipotle Mexican Grill Trading Down 0.4 %

NYSE:CMG traded down $0.23 on Friday, hitting $56.12. The company had a trading volume of 7,912,005 shares, compared to its average volume of 14,848,811. The stock has a market capitalization of $76.85 billion, a price-to-earnings ratio of 60.13, a PEG ratio of 2.33 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52 week low of $35.37 and a 52 week high of $69.26. The firm has a 50 day moving average of $54.44 and a two-hundred day moving average of $80.68.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the business earned $12.65 EPS. The firm's revenue was up 18.2% compared to the same quarter last year. As a group, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Stifel Nicolaus reissued a "buy" rating and set a $70.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Evercore ISI cut their price objective on shares of Chipotle Mexican Grill from $65.00 to $59.00 and set an "outperform" rating on the stock in a report on Wednesday, August 14th. Argus raised their price objective on Chipotle Mexican Grill from $73.36 to $77.76 and gave the stock a "buy" rating in a report on Tuesday, June 18th. Barclays cut their price objective on Chipotle Mexican Grill from $58.00 to $55.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 25th. Finally, BMO Capital Markets decreased their target price on shares of Chipotle Mexican Grill from $57.00 to $55.00 and set a "market perform" rating for the company in a research note on Thursday, July 25th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.36.

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.