El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) Director Samuel N. Borgese sold 4,643 shares of the firm's stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $9.30, for a total transaction of $43,179.90. Following the transaction, the director now owns 34,222 shares in the company, valued at approximately $318,264.60. This trade represents a 11.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
El Pollo Loco Stock Performance
LOCO traded down $0.08 during trading on Friday, hitting $9.55. The stock had a trading volume of 293,992 shares, compared to its average volume of 275,103. The firm has a market capitalization of $287.04 million, a P/E ratio of 12.09 and a beta of 1.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. El Pollo Loco Holdings, Inc. has a twelve month low of $8.17 and a twelve month high of $14.25. The company's 50-day moving average price is $10.89 and its 200 day moving average price is $11.84.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The business had revenue of $114.28 million for 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, equities research analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current fiscal year.
Hedge Funds Weigh In On El Pollo Loco
A number of large investors have recently modified their holdings of the business. LSV Asset Management boosted its stake in shares of El Pollo Loco by 21.1% in the fourth quarter. LSV Asset Management now owns 1,533,400 shares of the restaurant operator's stock valued at $17,695,000 after buying an additional 266,908 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in El Pollo Loco by 2.5% in the fourth quarter. William Blair Investment Management LLC now owns 1,406,454 shares of the restaurant operator's stock valued at $16,230,000 after acquiring an additional 34,399 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of El Pollo Loco by 6.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 618,829 shares of the restaurant operator's stock worth $7,141,000 after purchasing an additional 40,012 shares in the last quarter. State Street Corp grew its stake 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. Finally, JPMorgan Chase & Co. increased its holdings in shares of 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 in the last quarter. 81.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. Benchmark reissued a "hold" rating on shares of El Pollo Loco in a research report on Monday, March 10th. Craig Hallum started coverage on El Pollo Loco in a report on Tuesday, March 11th. They set a "buy" rating and a $18.00 price target on the stock. Finally, StockNews.com upgraded El Pollo Loco from a "hold" rating to a "buy" rating in a research report on Wednesday.
Check Out Our Latest Research Report on El Pollo Loco
El Pollo Loco Company Profile
(
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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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