Householder Group Estate & Retirement Specialist LLC Lowers Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Householder Group Estate & Retirement Specialist LLC cut its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 59.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,352 shares of the restaurant operator’s stock after selling 2,000 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Chipotle Mexican Grill were worth $81,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Edgestream Partners L.P. increased its holdings in Chipotle Mexican Grill by 3,447.7% in the 2nd quarter. Edgestream Partners L.P. now owns 5,428 shares of the restaurant operator’s stock worth $340,000 after buying an additional 5,275 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Chipotle Mexican Grill by 5,230.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 117,915 shares of the restaurant operator’s stock worth $7,387,000 after purchasing an additional 115,703 shares during the period. XTX Topco Ltd acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $653,000. MQS Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 2nd quarter worth approximately $252,000. Finally, Brighton Jones LLC grew its stake in shares of Chipotle Mexican Grill by 5,619.8% during the 2nd quarter. Brighton Jones LLC now owns 11,268 shares of the restaurant operator’s stock worth $706,000 after purchasing an additional 11,071 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Down 1.4 %

Shares of NYSE:CMG opened at $57.52 on Friday. The business has a 50-day moving average price of $60.91 and a 200 day moving average price of $57.88. The company has a market capitalization of $78.38 billion, a price-to-earnings ratio of 53.54, a PEG ratio of 1.91 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $46.01 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, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. Chipotle Mexican Grill’s revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 EPS. As a group, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CMG has been the topic of a number of analyst reports. Evercore ISI raised their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Wedbush reaffirmed an “outperform” rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, October 30th. Wells Fargo & Company raised their price objective on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Oppenheimer raised their price objective on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, Loop Capital increased their target price on Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $66.81.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. The trade was a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.02% of the stock is currently owned by corporate 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.