LSV Asset Management raised its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,533,400 shares of the restaurant operator's stock after purchasing an additional 266,908 shares during the quarter. LSV Asset Management owned 5.12% of El Pollo Loco worth $17,695,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. William Blair Investment Management LLC raised its holdings in El Pollo Loco by 2.5% in the 4th quarter. William Blair Investment Management LLC now owns 1,406,454 shares of the restaurant operator's stock valued at $16,230,000 after buying an additional 34,399 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of El Pollo Loco by 6.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 618,829 shares of the restaurant operator's stock worth $7,141,000 after acquiring an additional 40,012 shares during the last quarter. State Street Corp boosted 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 period. JPMorgan Chase & Co. increased its holdings in El Pollo Loco by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 456,432 shares of the restaurant operator's stock valued at $5,267,000 after purchasing an additional 45,134 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its position in El Pollo Loco by 54.0% in the fourth quarter. First Eagle Investment Management LLC now owns 453,422 shares of the restaurant operator's stock valued at $5,232,000 after purchasing an additional 159,000 shares during the period. Institutional investors and hedge funds own 81.28% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on LOCO shares. Benchmark reaffirmed a "hold" rating on shares of El Pollo Loco in a research note on Monday, March 10th. StockNews.com raised shares of El Pollo Loco from a "hold" rating to a "buy" rating in a research report on Wednesday, April 9th. Finally, Craig Hallum assumed coverage on shares of El Pollo Loco in a report on Tuesday, March 11th. They issued a "buy" rating and a $18.00 price objective for the company.
Get Our Latest Report on El Pollo Loco
El Pollo Loco Stock Down 2.8 %
LOCO traded down $0.27 on Friday, hitting $9.47. 222,258 shares of the company were exchanged, compared to its average volume of 275,166. The firm has a 50-day moving average price of $10.69 and a two-hundred day moving average price of $11.75. 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 twelve month low of $8.17 and a twelve month high of $14.25. The company has a market cap of $284.64 million, a price-to-earnings ratio of 11.99 and a beta of 1.35.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last released its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The firm had revenue of $114.28 million for the quarter, compared to analyst estimates of $113.19 million. On average, equities analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.
About El Pollo Loco
(
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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