Quotient Wealth Partners LLC Increases Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Quotient Wealth Partners LLC boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 8.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,158 shares of the restaurant operator’s stock after acquiring an additional 314 shares during the period. Quotient Wealth Partners LLC’s holdings in Chipotle Mexican Grill were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CMG. Transcendent Capital Group LLC lifted its position in Chipotle Mexican Grill by 950.0% during the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock worth $30,000 after buying an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Chipotle Mexican Grill during the 3rd quarter valued at about $32,000. Capital Performance Advisors LLP purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth about $33,000. Global Trust Asset Management LLC acquired a new stake in shares of Chipotle Mexican Grill in the third quarter worth approximately $35,000. Finally, Sound Income Strategies LLC grew its holdings in Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 555 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $57.84 on Tuesday. The company’s fifty day moving average is $60.09 and its two-hundred day moving average is $57.94. Chipotle Mexican Grill, Inc. has a 1-year low of $47.98 and a 1-year high of $69.26. The stock has a market capitalization of $78.81 billion, a price-to-earnings ratio of 52.10, a price-to-earnings-growth 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 earnings per share for the quarter, topping 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%. Sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the sale, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.02% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on CMG shares. Robert W. Baird boosted their price objective on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Stifel Nicolaus reduced their price objective on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Cfra raised shares of Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and increased their target price for the stock from $59.00 to $73.00 in a research report on Wednesday, February 5th. Stephens reduced their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Finally, Citigroup increased their price objective on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Ten equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and a consensus price target of $66.31.

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.