Chipotle Mexican Grill, Inc. (NYSE:CMG) Holdings Increased by Hantz Financial Services Inc.

Hantz Financial Services Inc. increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5,897.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 48,942 shares of the restaurant operator’s stock after acquiring an additional 48,126 shares during the period. Hantz Financial Services Inc.’s holdings in Chipotle Mexican Grill were worth $2,820,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Shellback Capital LP raised its position in Chipotle Mexican Grill by 4,900.0% in the second quarter. Shellback Capital LP now owns 125,000 shares of the restaurant operator’s stock worth $7,831,000 after acquiring an additional 122,500 shares in the last quarter. L & S Advisors Inc purchased a new position in Chipotle Mexican Grill in the 3rd quarter worth about $3,256,000. Optas LLC raised its holdings in Chipotle Mexican Grill by 318.5% during the 3rd quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock worth $989,000 after buying an additional 13,060 shares during the period. Savvy Advisors Inc. purchased a new stake in Chipotle Mexican Grill during the third quarter valued at about $758,000. Finally, Pathway Financial Advisers LLC boosted its holdings in shares of Chipotle Mexican Grill by 5,662.0% in the third quarter. Pathway Financial Advisers LLC now owns 8,643 shares of the restaurant operator’s stock worth $498,000 after buying an additional 8,493 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Trading Down 0.9 %

NYSE CMG opened at $61.52 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $43.66 and a 1 year high of $69.26. The company has a fifty day simple moving average of $58.89 and a 200 day simple moving average of $80.99. The company has a market cap of $83.83 billion, a P/E ratio of 57.26, a P/E/G ratio of 2.50 and a beta of 1.26.

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 analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The business’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.23 EPS. Equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current fiscal year.

Insider Activity at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the completion of the sale, the director now directly owns 41,510 shares of the company’s stock, valued at $2,340,333.80. This represents a 4.13 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Curtis E. Garner sold 15,750 shares of the business’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $57.05, for a total transaction of $898,537.50. Following the transaction, the insider now owns 457,764 shares in the company, valued at approximately $26,115,436.20. The trade was a 3.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,290 shares of company stock worth $1,866,023 in the last 90 days. 1.02% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $67.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. Truist Financial increased their target price on Chipotle Mexican Grill from $71.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. TD Cowen lifted their price target on Chipotle Mexican Grill from $65.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Evercore ISI increased their price objective on Chipotle Mexican Grill from $59.00 to $70.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Ten equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.27.

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.