Monimus Capital Management LP acquired a new stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 80,991 shares of the restaurant operator's stock, valued at approximately $935,000. Monimus Capital Management LP owned approximately 0.27% of El Pollo Loco as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in LOCO. Point72 Asia Singapore Pte. Ltd. grew its stake in shares of 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 buying an additional 1,002 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of El Pollo Loco by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 198,267 shares of the restaurant operator's stock worth $2,288,000 after purchasing an additional 1,450 shares during the period. SG Americas Securities LLC raised its holdings in El Pollo Loco by 22.3% during the 4th quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator's stock valued at $124,000 after buying an additional 1,954 shares during the period. Point72 DIFC Ltd bought a new stake in El Pollo Loco in the third quarter worth $27,000. Finally, Empowered Funds LLC boosted its stake in El Pollo Loco by 5.3% during the third quarter. Empowered Funds LLC now owns 167,003 shares of the restaurant operator's stock worth $2,288,000 after buying an additional 8,442 shares during the period. Institutional investors own 81.28% of the company's stock.
Wall Street Analyst Weigh In
LOCO has been the subject of several analyst reports. Benchmark restated a "hold" rating on shares of El Pollo Loco in a report on Monday, March 10th. StockNews.com raised El Pollo Loco from a "hold" rating to a "buy" rating in a research report on Tuesday, March 11th. Finally, Craig Hallum started coverage on El Pollo Loco in a research report on Tuesday, March 11th. They set a "buy" rating and a $18.00 target price for the company.
View Our Latest Stock Analysis on LOCO
El Pollo Loco Stock Up 2.4 %
Shares of LOCO stock traded up $0.24 during mid-day trading on Wednesday, hitting $10.41. The stock had a trading volume of 247,103 shares, compared to its average volume of 267,981. El Pollo Loco Holdings, Inc. has a 12-month low of $8.17 and a 12-month high of $14.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.31 and a quick ratio of 0.29. The firm's 50-day moving average is $11.47 and its two-hundred day moving average is $12.29. The firm has a market capitalization of $309.98 million, a P/E ratio of 13.18 and a beta of 1.50.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The restaurant operator reported $0.20 EPS for the quarter, beating the consensus estimate of $0.14 by $0.06. The business had revenue of $114.28 million during the quarter, compared to analyst estimates of $113.19 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. On average, analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.
El Pollo Loco Profile
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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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