Arrowstreet Capital Limited Partnership Increases Stock Holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Arrowstreet Capital Limited Partnership boosted its holdings in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 618,829 shares of the restaurant operator's stock after buying an additional 40,012 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 2.07% of El Pollo Loco worth $7,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Point72 DIFC Ltd purchased a new position in shares of El Pollo Loco in the third quarter worth about $27,000. Point72 Asia Singapore Pte. Ltd. raised its holdings in El Pollo Loco by 91.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 1,002 shares during the period. Quantbot Technologies LP acquired a new position in shares of El Pollo Loco during the 4th quarter worth approximately $70,000. SG Americas Securities LLC lifted its holdings in El Pollo Loco by 22.3% during the fourth quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator's stock valued at $124,000 after purchasing an additional 1,954 shares in the last quarter. Finally, Olympiad Research LP purchased a new position in El Pollo Loco in the 4th quarter valued at about $130,000. Institutional investors and hedge funds own 81.28% of the company's stock.

Wall Street Analysts Forecast Growth

LOCO has been the topic of a number of research reports. Benchmark restated a "hold" rating on shares of El Pollo Loco in a report on Monday, March 10th. Craig Hallum assumed coverage on El Pollo Loco in a report on Tuesday, March 11th. They issued a "buy" rating and a $18.00 price objective on the stock. Finally, StockNews.com raised shares of El Pollo Loco from a "hold" rating to a "buy" rating in a research note on Wednesday.

El Pollo Loco Stock Down 0.8 %

Shares of NASDAQ LOCO traded down $0.08 during midday trading on Friday, hitting $9.55. The company's stock had a trading volume of 293,992 shares, compared to its average volume of 275,103. The business's fifty day simple moving average is $10.89 and its two-hundred day simple moving average is $11.84. The firm has a market capitalization of $284.37 million, a price-to-earnings ratio of 12.09 and a beta of 1.35. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.31 and a quick ratio of 0.29. El Pollo Loco Holdings, Inc. has a 1 year low of $8.17 and a 1 year high of $14.25.

El Pollo Loco (NASDAQ:LOCO - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The restaurant operator reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The business had revenue of $114.28 million during the quarter, compared to the consensus estimate of $113.19 million. On average, equities analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.

El Pollo Loco Company Profile

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.