Decker Retirement Planning Inc. Takes Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Decker Retirement Planning Inc. acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,500 shares of the restaurant operator’s stock, valued at approximately $151,000.

Other large investors have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group boosted its stake in shares of Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock worth $25,000 after buying an additional 392 shares during the last quarter. ZRC Wealth Management LLC boosted its position in Chipotle Mexican Grill by 384.0% during the third quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 384 shares during the last quarter. Mark Sheptoff Financial Planning LLC bought a new position in Chipotle Mexican Grill in the second quarter valued at approximately $31,000. Transcendent Capital Group LLC increased its position in shares of Chipotle Mexican Grill by 950.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 475 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Buying and Selling

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 owns 185,792 shares in the company, valued at $12,078,337.92. The trade was a 2.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.02% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CMG has been the subject of several analyst reports. Raymond James raised their target price on shares of Chipotle Mexican Grill from $66.00 to $72.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. Royal Bank of Canada increased their price target 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. Evercore ISI boosted their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Barclays raised their target price on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 7th. Finally, Stephens reiterated an “equal weight” rating and set a $65.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, November 12th. Ten research 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $66.81.

Chipotle Mexican Grill Stock Up 1.7 %

Shares of Chipotle Mexican Grill stock opened at $58.36 on Friday. The company has a market capitalization of $79.51 billion, a price-to-earnings ratio of 54.31, a PEG ratio of 1.91 and a beta of 1.27. The firm’s 50-day moving average price is $60.93 and its two-hundred day moving average price is $57.91. Chipotle Mexican Grill, Inc. has a 12-month low of $45.62 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period last year, the firm posted $0.23 earnings per share. Chipotle Mexican Grill’s revenue was up 13.0% compared to the same quarter last year. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share 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.