Hotchkis & Wiley Capital Management LLC Has $8 Million Stock Holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Hotchkis & Wiley Capital Management LLC lowered its position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 9.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 583,850 shares of the restaurant operator's stock after selling 61,200 shares during the period. Hotchkis & Wiley Capital Management LLC owned 1.95% of El Pollo Loco worth $7,999,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in LOCO. Vanguard Group Inc. raised its stake in El Pollo Loco by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 1,323,373 shares of the restaurant operator's stock worth $12,890,000 after purchasing an additional 67,368 shares in the last quarter. Boston Partners acquired a new stake in shares of El Pollo Loco in the first quarter valued at approximately $216,000. CWM LLC boosted its stake in shares of El Pollo Loco by 34.1% in the second quarter. CWM LLC now owns 3,808 shares of the restaurant operator's stock valued at $43,000 after buying an additional 969 shares during the period. Bank of New York Mellon Corp grew its position in El Pollo Loco by 9.4% during the second quarter. Bank of New York Mellon Corp now owns 126,878 shares of the restaurant operator's stock worth $1,435,000 after buying an additional 10,917 shares in the last quarter. Finally, LSV Asset Management bought a new position in El Pollo Loco during the 2nd quarter worth $4,407,000. 81.28% of the stock is owned by institutional investors and hedge funds.

El Pollo Loco Price Performance

LOCO stock traded down $0.35 during mid-day trading on Thursday, hitting $12.20. The stock had a trading volume of 268,614 shares, compared to its average volume of 270,443. The firm has a fifty day simple moving average of $12.88 and a 200 day simple moving average of $12.24. The firm has a market capitalization of $365.27 million, a P/E ratio of 15.89 and a beta of 1.45. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. El Pollo Loco Holdings, Inc. has a 52 week low of $8.17 and a 52 week high of $14.25.

El Pollo Loco (NASDAQ:LOCO - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.04. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The business had revenue of $120.40 million for the quarter, compared to analysts' expectations of $121.03 million. During the same period last year, the firm posted $0.19 earnings per share. The firm's quarterly revenue was up .0% compared to the same quarter last year. As a group, research analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded El Pollo Loco from a "hold" rating to a "buy" rating in a research report on Friday, November 8th.

El Pollo Loco 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.