Divisadero Street Capital Management LP lowered its stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 17.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 206,785 shares of the restaurant operator's stock after selling 42,782 shares during the period. Divisadero Street Capital Management LP owned approximately 0.69% of El Pollo Loco worth $2,386,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. LSV Asset Management boosted its position in shares of El Pollo Loco by 21.1% during the fourth quarter. LSV Asset Management now owns 1,533,400 shares of the restaurant operator's stock worth $17,695,000 after buying an additional 266,908 shares during the period. Prudential Financial Inc. boosted its holdings in El Pollo Loco by 332.2% during the 4th quarter. Prudential Financial Inc. now owns 289,739 shares of the restaurant operator's stock valued at $3,344,000 after acquiring an additional 222,704 shares during the period. First Eagle Investment Management LLC increased its stake in El Pollo Loco by 54.0% during the fourth quarter. First Eagle Investment Management LLC now owns 453,422 shares of the restaurant operator's stock worth $5,232,000 after purchasing an additional 159,000 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of El Pollo Loco during the fourth quarter worth about $1,142,000. Finally, Bank of America Corp DE lifted its position in shares of El Pollo Loco by 55.5% during the fourth quarter. Bank of America Corp DE now owns 244,701 shares of the restaurant operator's stock worth $2,824,000 after purchasing an additional 87,287 shares in the last quarter. Institutional investors and hedge funds own 81.28% of the company's stock.
El Pollo Loco Stock Up 0.9 %
El Pollo Loco stock traded up $0.08 during trading on Friday, reaching $9.09. The stock had a trading volume of 193,178 shares, compared to its average volume of 252,732. El Pollo Loco Holdings, Inc. has a 52-week low of $8.29 and a 52-week high of $14.25. The business has a 50 day moving average price of $9.88 and a 200 day moving average price of $11.29. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30. The stock has a market cap of $273.17 million, a PE ratio of 11.51 and a beta of 1.11.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its earnings results on Thursday, May 1st. The restaurant operator reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The firm had revenue of $119.18 million for the quarter, compared to analyst estimates of $118.20 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The business's revenue for the quarter was up 2.6% on a year-over-year basis. On average, analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on LOCO shares. Craig Hallum began coverage on shares of El Pollo Loco in a research note on Tuesday, March 11th. They set a "buy" rating and a $18.00 target price on the stock. StockNews.com cut El Pollo Loco from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, Benchmark reiterated a "hold" rating on shares of El Pollo Loco in a report on Monday, March 10th.
Get Our Latest Stock Report on El Pollo Loco
El Pollo Loco Company Profile
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Free Report)
El Pollo Loco Holdings, Inc, through its subsidiary, El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.
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