Peterson Wealth Services Has $348,000 Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Peterson Wealth Services raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 10.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,772 shares of the restaurant operator’s stock after buying an additional 538 shares during the quarter. Peterson Wealth Services’ holdings in Chipotle Mexican Grill were worth $348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $371,000. Hantz Financial Services Inc. increased its holdings in shares of Chipotle Mexican Grill by 5,897.8% during the third quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock valued at $2,820,000 after acquiring an additional 48,126 shares in the last quarter. L & S Advisors Inc bought a new stake in shares of Chipotle Mexican Grill during the third quarter valued at approximately $3,256,000. Lockheed Martin Investment Management Co. increased its holdings in shares of Chipotle Mexican Grill by 19.6% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 177,630 shares of the restaurant operator’s stock valued at $10,711,000 after acquiring an additional 29,140 shares in the last quarter. Finally, Optas LLC increased its holdings in shares of Chipotle Mexican Grill by 318.5% during the third quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock valued at $989,000 after acquiring an additional 13,060 shares in the last quarter. Institutional investors own 91.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. TD Cowen boosted their price objective on Chipotle Mexican Grill from $65.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. KeyCorp decreased their price target on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Stifel Nicolaus decreased their price target on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Cfra upgraded Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and upped their price target for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Finally, Barclays decreased their price target on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Ten equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.31.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $57.84 on Tuesday. Chipotle Mexican Grill, Inc. has a one year low of $47.98 and a one year high of $69.26. The business’s fifty day moving average price is $60.09 and its 200-day moving average price is $57.94. 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 issued its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction dated 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 owns 185,792 shares of the company’s stock, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.02% of the stock is currently owned by 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.