Wilmington Savings Fund Society FSB Has $1.10 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Wilmington Savings Fund Society FSB increased its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 57.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,215 shares of the restaurant operator’s stock after buying an additional 6,626 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Chipotle Mexican Grill were worth $1,098,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CMG. Transcendent Capital Group LLC increased its stake in shares of Chipotle Mexican Grill by 950.0% in the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new position in Chipotle Mexican Grill during the 3rd quarter worth approximately $32,000. Capital Performance Advisors LLP acquired a new position in shares of Chipotle Mexican Grill in the 3rd quarter worth approximately $33,000. Global Trust Asset Management LLC bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at $35,000. Finally, Sound Income Strategies LLC increased its position in shares of Chipotle Mexican Grill by 1,110.0% during the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock worth $36,000 after buying an additional 555 shares during the period. 91.31% of the stock is owned by institutional investors.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $57.84 on Tuesday. The business’s fifty day moving average price is $60.09 and its 200-day moving average price is $57.94. Chipotle Mexican Grill, Inc. has a one year low of $47.98 and a one year high of $69.26. The stock has a market capitalization of $78.81 billion, a PE ratio of 52.10, a P/E/G ratio of 2.14 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Jefferies Financial Group increased their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a report on Monday, December 16th. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and boosted their price target for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Loop Capital raised their price objective on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Raymond James cut their target price on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Finally, Oppenheimer lifted their price target on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Ten research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Insider Activity at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the business’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 sale, the insider now directly owns 185,792 shares in the company, 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 SEC, which can be accessed through this hyperlink. 1.02% of the stock is currently owned by corporate insiders.

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.