WD Rutherford LLC Has $2.23 Million Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

WD Rutherford LLC grew its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 52.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,613 shares of the restaurant operator’s stock after buying an additional 13,346 shares during the period. WD Rutherford LLC’s holdings in Chipotle Mexican Grill were worth $2,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CMG. Wealthcare Advisory Partners LLC acquired a new stake in shares of Chipotle Mexican Grill in the first quarter worth about $279,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Chipotle Mexican Grill by 0.7% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 71,834 shares of the restaurant operator’s stock worth $208,805,000 after purchasing an additional 473 shares during the period. Valeo Financial Advisors LLC increased its stake in shares of Chipotle Mexican Grill by 84.1% in the first quarter. Valeo Financial Advisors LLC now owns 416 shares of the restaurant operator’s stock worth $1,210,000 after purchasing an additional 190 shares during the period. Valley National Advisers Inc. increased its stake in shares of Chipotle Mexican Grill by 9.8% in the first quarter. Valley National Advisers Inc. now owns 45 shares of the restaurant operator’s stock worth $131,000 after purchasing an additional 4 shares during the period. Finally, Norden Group LLC bought a new position in shares of Chipotle Mexican Grill in the first quarter worth about $2,163,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Oppenheimer reiterated an “outperform” rating and issued a $65.00 price objective on shares of Chipotle Mexican Grill in a research note on Monday, September 30th. Guggenheim boosted their price target on Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. The Goldman Sachs Group lowered their price target on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Wedbush restated an “outperform” rating and set a $58.00 price target on shares of Chipotle Mexican Grill in a research note on Thursday, August 29th. Finally, StockNews.com downgraded Chipotle Mexican Grill from a “buy” rating to a “hold” rating in a report 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.32.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $60.48 on Wednesday. The firm has a fifty day moving average of $57.10 and a two-hundred day moving average of $81.50. The stock has a market capitalization of $82.83 billion, a price-to-earnings ratio of 59.29, a PEG ratio of 2.41 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52 week low of $37.49 and a 52 week high of $69.26.

Insider Buying and Selling at Chipotle Mexican Grill

In related news, insider Curtis E. Garner sold 17,394 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares in the company, valued at $19,591,844. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the completion of the sale, the director now owns 41,510 shares in the company, valued at $2,340,333.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Curtis E. Garner sold 17,394 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares of the company’s stock, valued at approximately $19,591,844. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,684 shares of company stock worth $2,817,127. Insiders own 1.02% of the company’s stock.

About Chipotle Mexican Grill

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.