Cubist Systematic Strategies LLC Has $671,000 Stake in El Pollo Loco Holdings, Inc. $LOCO

Key Points

• Cubist Systematic Strategies LLC increased its stake in El Pollo Loco Holdings, Inc. by 88.3% during Q1, owning a total of 65,189 shares valued at approximately $671,000.
• Other institutional investors have also raised their holdings, with LSV Asset Management increasing its stake by 5.4% and Nuveen Asset Management lifting its holdings by 17.4%.
• El Pollo Loco reported earnings of $0.28 per share for the last quarter, surpassing analysts' expectations, with a 3.0% year-over-year revenue increase.

Cubist Systematic Strategies LLC lifted its position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 88.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,189 shares of the restaurant operator's stock after buying an additional 30,573 shares during the period. Cubist Systematic Strategies LLC owned about 0.22% of El Pollo Loco worth $671,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. MetLife Investment Management LLC boosted its position in El Pollo Loco by 9.8% during the first quarter. MetLife Investment Management LLC now owns 15,248 shares of the restaurant operator's stock valued at $157,000 after purchasing an additional 1,366 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in El Pollo Loco by 3.5% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 47,474 shares of the restaurant operator's stock valued at $489,000 after purchasing an additional 1,600 shares during the last quarter. Quantbot Technologies LP boosted its position in El Pollo Loco by 27.3% during the first quarter. Quantbot Technologies LP now owns 7,722 shares of the restaurant operator's stock valued at $80,000 after purchasing an additional 1,658 shares during the last quarter. GAMMA Investing LLC boosted its position in El Pollo Loco by 4,840.7% during the first quarter. GAMMA Investing LLC now owns 2,668 shares of the restaurant operator's stock valued at $259,000 after purchasing an additional 2,614 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in El Pollo Loco by 6.4% during the first quarter. American Century Companies Inc. now owns 50,314 shares of the restaurant operator's stock valued at $518,000 after purchasing an additional 3,007 shares during the last quarter. 81.28% of the stock is owned by institutional investors and hedge funds.

El Pollo Loco Stock Up 0.2%

NASDAQ LOCO traded up $0.02 during trading hours on Monday, hitting $10.14. 149,450 shares of the company traded hands, compared to its average volume of 183,185. The business's 50-day moving average is $10.54 and its 200-day moving average is $10.26. El Pollo Loco Holdings, Inc. has a twelve month low of $8.29 and a twelve month high of $13.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.33 and a current ratio of 0.35. The stock has a market capitalization of $304.20 million, a price-to-earnings ratio of 12.07 and a beta of 1.08.

El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The restaurant operator reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. El Pollo Loco had a return on equity of 9.83% and a net margin of 5.15%.The firm had revenue of $125.83 million during the quarter, compared to analysts' expectations of $124.24 million. During the same period in the prior year, the firm posted $0.26 earnings per share. The business's quarterly revenue was up 3.0% compared to the same quarter last year. Sell-side analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

About El Pollo Loco

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.