Hantz Financial Services Inc. Boosts Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Hantz Financial Services Inc. raised its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,569 shares of the restaurant operator’s stock after purchasing an additional 1,627 shares during the quarter. Hantz Financial Services Inc.’s holdings in Chipotle Mexican Grill were worth $3,049,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CMG. Montrusco Bolton Investments Inc. lifted its holdings in shares of Chipotle Mexican Grill by 23.1% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 89,470 shares of the restaurant operator’s stock worth $5,395,000 after purchasing an additional 16,806 shares during the period. Nvest Financial LLC increased its stake in Chipotle Mexican Grill by 26.8% in the 4th quarter. Nvest Financial LLC now owns 23,418 shares of the restaurant operator’s stock valued at $1,412,000 after buying an additional 4,955 shares during the period. Foster Victor Wealth Advisors LLC raised its position in Chipotle Mexican Grill by 6.1% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 122,353 shares of the restaurant operator’s stock worth $7,038,000 after buying an additional 6,996 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Chipotle Mexican Grill by 6.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,519,383 shares of the restaurant operator’s stock worth $91,619,000 after acquiring an additional 89,688 shares during the period. Finally, Fulton Breakefield Broenniman LLC boosted its holdings in shares of Chipotle Mexican Grill by 4.4% in the fourth quarter. Fulton Breakefield Broenniman LLC now owns 6,420 shares of the restaurant operator’s stock valued at $387,000 after acquiring an additional 270 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 7th. Citigroup cut their target price on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating for the company in a research note on Monday. Royal Bank of Canada reissued an “outperform” rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday. Loop Capital upped their price objective on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Finally, Truist Financial raised their target price on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.88.

Chipotle Mexican Grill Trading Up 1.2 %

NYSE:CMG opened at $58.97 on Friday. The firm has a market cap of $80.35 billion, a price-to-earnings ratio of 54.88, a price-to-earnings-growth ratio of 1.88 and a beta of 1.27. The company’s 50-day moving average is $60.59 and its two-hundred day moving average is $57.73. Chipotle Mexican Grill, Inc. has a 12-month low of $47.98 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, topping 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 firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same period in the prior year, the business posted $0.23 earnings per share. The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. On average, equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Laurie Schalow sold 4,404 shares of the company’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 completion of the sale, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.02% of the stock is currently owned by company insiders.

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.