State of Wyoming reduced its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 79.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,811 shares of the restaurant operator's stock after selling 37,606 shares during the quarter. State of Wyoming's holdings in El Pollo Loco were worth $101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stifel Financial Corp lifted its stake in El Pollo Loco by 4.1% during the fourth quarter. Stifel Financial Corp now owns 61,201 shares of the restaurant operator's stock worth $706,000 after purchasing an additional 2,416 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of El Pollo Loco by 6.4% in the 4th quarter. Ameriprise Financial Inc. now owns 196,432 shares of the restaurant operator's stock valued at $2,267,000 after acquiring an additional 11,894 shares during the last quarter. Bank of America Corp DE raised its position in El Pollo Loco by 55.5% during the 4th quarter. Bank of America Corp DE now owns 244,701 shares of the restaurant operator's stock valued at $2,824,000 after purchasing an additional 87,287 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in El Pollo Loco by 168.0% during the 4th quarter. Cubist Systematic Strategies LLC now owns 34,616 shares of the restaurant operator's stock valued at $399,000 after purchasing an additional 21,699 shares during the last quarter. Finally, Deutsche Bank AG raised its position in El Pollo Loco by 6.8% during the 4th quarter. Deutsche Bank AG now owns 121,943 shares of the restaurant operator's stock valued at $1,407,000 after purchasing an additional 7,817 shares during the last quarter. 81.28% of the stock is currently owned by hedge funds and other institutional investors.
El Pollo Loco Trading Up 2.3%
LOCO traded up $0.23 during midday trading on Thursday, reaching $10.34. 90,741 shares of the company's stock traded hands, compared to its average volume of 280,672. The firm has a fifty day moving average of $10.61 and a two-hundred day moving average of $10.29. The stock has a market capitalization of $310.17 million, a price-to-earnings ratio of 12.30 and a beta of 1.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.35 and a quick ratio of 0.33. El Pollo Loco Holdings, Inc. has a 52 week low of $8.29 and a 52 week high of $13.99.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The restaurant operator reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The business had revenue of $125.83 million during the quarter, compared to analyst estimates of $124.24 million. El Pollo Loco had a return on equity of 9.83% and a net margin of 5.15%.El Pollo Loco's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 EPS. On average, equities analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.
El Pollo Loco Company Profile
(
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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