Leibman Financial Services Inc. Purchases 15,888 Shares of Chipotle Mexican Grill, Inc. $CMG

Leibman Financial Services Inc. grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 35.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 60,723 shares of the restaurant operator’s stock after buying an additional 15,888 shares during the period. Chipotle Mexican Grill makes up about 1.6% of Leibman Financial Services Inc.’s investment portfolio, making the stock its 28th largest holding. Leibman Financial Services Inc.’s holdings in Chipotle Mexican Grill were worth $2,247,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Operose Advisors LLC purchased a new stake in shares of Chipotle Mexican Grill during the second quarter valued at approximately $25,000. Lavaca Capital LLC purchased a new position in Chipotle Mexican Grill in the 2nd quarter worth approximately $28,000. Twin Peaks Wealth Advisors LLC bought a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $34,000. Evolution Wealth Management Inc. bought a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $34,000. Finally, Salomon & Ludwin LLC purchased a new stake in Chipotle Mexican Grill during the 3rd quarter valued at $26,000. Institutional investors own 91.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on CMG shares. DA Davidson assumed coverage on Chipotle Mexican Grill in a report on Friday, March 6th. They issued a “buy” rating and a $51.00 target price for the company. Argus reaffirmed a “hold” rating on shares of Chipotle Mexican Grill in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Chipotle Mexican Grill in a research report on Monday, December 29th. BTIG Research reiterated a “buy” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, February 4th. Finally, Morgan Stanley decreased their target price on Chipotle Mexican Grill from $50.00 to $49.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.37.

Chipotle Mexican Grill Trading Up 1.0%

Shares of CMG opened at $32.96 on Friday. The firm has a fifty day simple moving average of $37.61 and a two-hundred day simple moving average of $37.32. The firm has a market cap of $42.93 billion, a PE ratio of 28.92, a P/E/G ratio of 2.00 and a beta of 1.00. Chipotle Mexican Grill, Inc. has a 1-year low of $29.75 and a 1-year high of $58.42.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 47.99% and a net margin of 12.88%.The firm had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same period last year, the business posted $0.25 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

About Chipotle Mexican Grill

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.