Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by WD Rutherford LLC

WD Rutherford LLC raised its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 52.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,613 shares of the restaurant operator's stock after purchasing an additional 13,346 shares during the period. WD Rutherford LLC's holdings in Chipotle Mexican Grill were worth $2,225,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Shellback Capital LP boosted its position in Chipotle Mexican Grill by 4,900.0% in the second quarter. Shellback Capital LP now owns 125,000 shares of the restaurant operator's stock worth $7,831,000 after purchasing an additional 122,500 shares during the last quarter. Swedbank AB purchased a new position in shares of Chipotle Mexican Grill in the first quarter worth approximately $53,979,000. Transform Wealth LLC grew its position in 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 valued at $597,000 after buying an additional 9,331 shares during the period. Pathway Financial Advisers LLC increased its holdings in Chipotle Mexican Grill by 5,662.0% during the third quarter. Pathway Financial Advisers LLC now owns 8,643 shares of the restaurant operator's stock valued at $498,000 after buying an additional 8,493 shares during the last quarter. Finally, First Hawaiian Bank raised its position in Chipotle Mexican Grill by 4,731.0% in the second quarter. First Hawaiian Bank now owns 17,150 shares of the restaurant operator's stock worth $1,074,000 after acquiring an additional 16,795 shares during the period. Institutional investors own 91.31% of the company's stock.

Insider Buying and Selling

In related news, Director Robin S. Hickenlooper sold 1,790 shares of the company's 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 completion of the sale, the director now directly owns 41,510 shares in the company, valued at $2,340,333.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Robin S. Hickenlooper sold 1,790 shares of the business's stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.20. Following the completion of the transaction, the director now owns 41,510 shares in the company, valued at $2,340,333.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Curtis E. Garner sold 15,750 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $57.05, for a total transaction of $898,537.50. Following the completion of the sale, the insider now owns 457,764 shares of the company's stock, valued at approximately $26,115,436.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,684 shares of company stock valued at $2,817,127 over the last 90 days. Corporate insiders own 1.02% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. The Goldman Sachs Group dropped their price target on Chipotle Mexican Grill from $74.60 to $67.00 and set a "buy" rating for the company in a research note on Thursday, July 25th. Wedbush reiterated an "outperform" rating and issued a $58.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, August 29th. Citigroup boosted their price target on shares of Chipotle Mexican Grill from $69.00 to $71.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Stephens restated an "equal weight" rating and set a $61.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, August 13th. Finally, StockNews.com lowered Chipotle Mexican Grill from a "buy" rating to a "hold" rating in a research note on Thursday, July 4th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $63.66.

Chipotle Mexican Grill Trading Down 7.1 %

Shares of Chipotle Mexican Grill stock traded down $4.31 during trading on Wednesday, hitting $56.18. 17,195,508 shares of the stock traded hands, compared to its average volume of 13,945,321. The stock's fifty day simple moving average is $57.10 and its 200 day simple moving average is $81.50. The firm has a market cap of $76.94 billion, a P/E ratio of 54.95, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52-week low of $38.01 and a 52-week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter last year, the firm posted $0.23 EPS. The company's revenue for the quarter was up 13.0% on a year-over-year basis. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current 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.