Fidelis Capital Partners LLC Grows Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Fidelis Capital Partners LLC lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5,125.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,937 shares of the restaurant operator’s stock after purchasing an additional 73,503 shares during the quarter. Chipotle Mexican Grill accounts for about 0.6% of Fidelis Capital Partners LLC’s holdings, making the stock its 29th largest holding. Fidelis Capital Partners LLC’s holdings in Chipotle Mexican Grill were worth $4,695,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Steph & Co. purchased a new stake in Chipotle Mexican Grill during the first quarter valued at about $29,000. Semmax Financial Advisors Inc. boosted its holdings in Chipotle Mexican Grill by 225.0% during the 1st quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator’s stock valued at $42,000 after acquiring an additional 9 shares during the period. Crewe Advisors LLC bought a new position in Chipotle Mexican Grill during the 1st quarter worth approximately $44,000. ICA Group Wealth Management LLC purchased a new position in Chipotle Mexican Grill in the 4th quarter worth approximately $37,000. Finally, Westside Investment Management Inc. bought a new stake in Chipotle Mexican Grill in the first quarter valued at approximately $58,000. 91.31% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Trading Down 1.3 %

Shares of NYSE:CMG opened at $57.23 on Friday. The stock has a fifty day simple moving average of $54.26 and a two-hundred day simple moving average of $81.03. Chipotle Mexican Grill, Inc. has a 12-month low of $35.37 and a 12-month high of $69.26. The stock has a market capitalization of $78.60 billion, a price-to-earnings ratio of 60.88, a PEG ratio of 2.33 and a beta of 1.25.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the firm earned $12.65 EPS. Chipotle Mexican Grill’s quarterly revenue was up 18.2% compared to the same quarter last year. As a group, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Evercore ISI cut their target price on shares of Chipotle Mexican Grill from $65.00 to $59.00 and set an “outperform” rating on the stock in a report on Wednesday, August 14th. Guggenheim boosted their price objective on shares of Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. The Goldman Sachs Group decreased their price objective on shares of Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Loop Capital reduced their price target on Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a report on Thursday, July 25th. Finally, Barclays lowered their price target on Chipotle Mexican Grill from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Thursday, July 25th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.36.

Insiders Place Their Bets

In other news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction that occurred 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 sale, the insider now owns 358,300 shares in the company, valued at $19,591,844. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, insider Curtis E. Garner sold 17,394 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total value of $951,103.92. Following the transaction, the insider now directly owns 358,300 shares of the company’s stock, valued at approximately $19,591,844. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $55.02, for a total value of $866,565.00. Following the completion of the sale, the insider now directly owns 473,514 shares of the company’s stock, valued at approximately $26,052,740.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,934 shares of company stock valued at $1,918,589. Insiders own 1.02% of the company’s stock.

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.