Brady Martz Wealth Solutions LLC Makes New $268,000 Investment in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Brady Martz Wealth Solutions LLC bought a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 4th quarter, Holdings Channel.com reports. The firm bought 4,750 shares of the restaurant operator’s stock, valued at approximately $268,000.

A number of other large investors have also recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of Chipotle Mexican Grill by 4,900.0% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 392 shares during the period. ZRC Wealth Management LLC raised its holdings in shares of Chipotle Mexican Grill by 384.0% in the third quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 384 shares during the last quarter. Transcendent Capital Group LLC increased its position in Chipotle Mexican Grill by 950.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after acquiring an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $32,000. Finally, Capital Performance Advisors LLP acquired a new stake in Chipotle Mexican Grill during the 3rd quarter worth approximately $33,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.02% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Chipotle Mexican Grill from $70.00 to $75.00 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Oppenheimer boosted their price target on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Wedbush reissued an “outperform” rating and set a $69.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, October 30th. TD Cowen increased 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, Evercore ISI raised their target price on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $66.81.

Chipotle Mexican Grill Stock Performance

Chipotle Mexican Grill stock opened at $57.52 on Friday. The firm has a market capitalization of $78.38 billion, a P/E ratio of 53.54, a P/E/G ratio of 1.91 and a beta of 1.27. The company has a 50-day simple moving average of $60.91 and a 200-day simple moving average of $57.88. Chipotle Mexican Grill, Inc. has a one year low of $46.01 and a one year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the previous year, the company posted $0.23 earnings per share. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

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.