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

Fidelis Capital Partners LLC raised its position in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 5,125.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 74,937 shares of the restaurant operator’s stock after acquiring an additional 73,503 shares during the period. Chipotle Mexican Grill makes up approximately 0.6% of Fidelis Capital Partners LLC’s investment portfolio, making the stock its 29th largest holding. Fidelis Capital Partners LLC’s holdings in Chipotle Mexican Grill were worth $4,695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of CMG. Evermay Wealth Management LLC boosted its holdings in Chipotle Mexican Grill by 1.8% during the fourth quarter. Evermay Wealth Management LLC now owns 231 shares of the restaurant operator’s stock worth $528,000 after buying an additional 4 shares during the last quarter. Peloton Wealth Strategis increased its stake in shares of Chipotle Mexican Grill by 0.3% in the fourth quarter. Peloton Wealth Strategists now owns 1,451 shares of the restaurant operator’s stock worth $3,318,000 after purchasing an additional 4 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in Chipotle Mexican Grill by 19.0% in the first quarter. Hazlett Burt & Watson Inc. now owns 25 shares of the restaurant operator’s stock worth $73,000 after purchasing an additional 4 shares during the period. Diversified Trust Co boosted its holdings in Chipotle Mexican Grill by 0.9% in the first quarter. Diversified Trust Co now owns 474 shares of the restaurant operator’s stock worth $1,378,000 after purchasing an additional 4 shares during the period. Finally, Valley National Advisers Inc. lifted its position in Chipotle Mexican Grill by 9.8% in the first quarter. Valley National Advisers Inc. now owns 45 shares of the restaurant operator’s stock valued at $131,000 after buying an additional 4 shares in the last quarter. Institutional investors own 91.31% of the company’s shares.

Chipotle Mexican Grill stock fell 1.3%

Shares of NYSE:CMG opened at $57.23 on Friday. The firm 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. it has a 52-week low of $35.37 and a 52-week high of $69.26. The stock has a market cap of $78.60 billion, a P/E ratio of 60.88, a PEG ratio of 2.33 and a beta of 1.25.

Chipotle Mexican Grill (NYSE:CMG – Get Your Free Report ) last announced its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.94 billion. In the same quarter last year, the firm earned $12.65 EPS. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. On average, analysts expect that Chipotle Mexican Grill, Inc. to post 1.08 earnings per share for the current year.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Curtis E. Garner sold 17,394 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was 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 directly owns 358,300 shares in the company, valued at $19,591,844. The sale was disclosed in a filing with the SEC, which can be accessed via this link. In other news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the sale, the insider now owns 358,300 shares of the company’s stock, valued at $19,591,844. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total transaction of $866,565.00. Following the transaction, the insider now directly owns 473,514 shares of the company’s stock, valued at $26,052,740.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,934 shares of company stock worth $1,918,589. 1.02% of shares are currently owned by company insiders.

Changes in Analyst Ratings

A number of brokerages have commented on CMG. Stephens restated an “equal weight” rating and issued a $61.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, August 13th. Stifel Nicolaus reissued a “buy” rating and issued a $70.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. Truist Financial reaffirmed a “buy” rating and set a $69.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, August 13th. BMO Capital Markets lowered their price objective on shares of Chipotle Mexican Grill from $57.00 to $55.00 and set a “market perform” rating for the company in a research note on Thursday, July 25th . Finally, Robert W. Baird cut their price target on shares of Chipotle Mexican Grill from $74.00 to $62.00 and set an “outperform” rating on the stock in a research note on Wednesday , August 14. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock has an average rating of “Moderate Buy” and a consensus price target of $62.36, according to MarketBeat .

Check out our latest report on CMG

Chipotle Mexican Grill Profile

(Free Report)

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. Sell ​​food and beverages by offering burritos, burrito bowls, quesadillas, tacos and salads. The company also offers delivery and related services, its app and website. It has operations in the United States, Canada, France, Germany and the United Kingdom.

Further reading

Want to see what other hedge funds own CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).

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