El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 22.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 411,298 shares of the restaurant operator's stock after acquiring an additional 75,542 shares during the quarter. JPMorgan Chase & Co. owned 1.37% of El Pollo Loco worth $5,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Franklin Resources Inc. increased its stake in shares of El Pollo Loco by 372.6% during the third quarter. Franklin Resources Inc. now owns 70,409 shares of the restaurant operator's stock worth $951,000 after buying an additional 55,510 shares during the period. Barclays PLC grew its holdings in El Pollo Loco by 49.4% during the 3rd quarter. Barclays PLC now owns 65,845 shares of the restaurant operator's stock worth $901,000 after acquiring an additional 21,770 shares in the last quarter. Jane Street Group LLC increased its position in shares of El Pollo Loco by 99.2% in the 3rd quarter. Jane Street Group LLC now owns 60,541 shares of the restaurant operator's stock valued at $829,000 after purchasing an additional 30,143 shares during the last quarter. State Street Corp lifted its position in shares of El Pollo Loco by 2.5% during the 3rd quarter. State Street Corp now owns 593,425 shares of the restaurant operator's stock worth $8,130,000 after purchasing an additional 14,692 shares during the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in shares of El Pollo Loco during the 3rd quarter worth $27,000. Hedge funds and other institutional investors own 81.28% of the company's stock.

El Pollo Loco Stock Down 0.2 %

LOCO traded down $0.02 on Friday, reaching $11.45. The company's stock had a trading volume of 178,906 shares, compared to its average volume of 169,591. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30. El Pollo Loco Holdings, Inc. has a fifty-two week low of $8.17 and a fifty-two week high of $14.25. The stock has a 50 day moving average of $12.03 and a two-hundred day moving average of $12.46. The company has a market capitalization of $342.81 million, a price-to-earnings ratio of 14.49 and a beta of 1.47.

El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its earnings results on Thursday, October 31st. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $121.03 million. During the same quarter in the prior year, the business posted $0.19 EPS. The company's revenue for the quarter was up .0% on a year-over-year basis. As a group, analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.