El Pollo Loco Holdings, Inc. $LOCO Shares Sold by LSV Asset Management

LSV Asset Management lowered its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,560,052 shares of the restaurant operator’s stock after selling 55,500 shares during the quarter. LSV Asset Management owned 0.05% of El Pollo Loco worth $17,176,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. CWM LLC increased its position in shares of El Pollo Loco by 31.3% during the second quarter. CWM LLC now owns 4,229 shares of the restaurant operator’s stock worth $47,000 after acquiring an additional 1,008 shares during the last quarter. Quantbot Technologies LP increased its holdings in El Pollo Loco by 27.3% during the 1st quarter. Quantbot Technologies LP now owns 7,722 shares of the restaurant operator’s stock worth $80,000 after purchasing an additional 1,658 shares during the last quarter. Trexquant Investment LP purchased a new stake in El Pollo Loco during the 1st quarter worth approximately $105,000. Ballentine Partners LLC acquired a new position in shares of El Pollo Loco in the 2nd quarter valued at approximately $127,000. Finally, MetLife Investment Management LLC boosted its stake in shares of El Pollo Loco by 9.8% during the 1st quarter. MetLife Investment Management LLC now owns 15,248 shares of the restaurant operator’s stock valued at $157,000 after buying an additional 1,366 shares during the last quarter. 81.28% of the stock is currently owned by institutional investors and hedge funds.

El Pollo Loco Stock Performance

Shares of NASDAQ LOCO opened at $10.24 on Thursday. The company has a quick ratio of 0.38, a current ratio of 0.41 and a debt-to-equity ratio of 0.22. The firm’s 50-day moving average price is $9.88 and its two-hundred day moving average price is $10.21. El Pollo Loco Holdings, Inc. has a 52-week low of $8.29 and a 52-week high of $13.14. The stock has a market capitalization of $306.69 million, a P/E ratio of 11.64 and a beta of 1.02.

El Pollo Loco (NASDAQ:LOCO) last announced its quarterly earnings results on Thursday, October 30th. The restaurant operator reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $121.52 million for the quarter, compared to analysts’ expectations of $123.57 million. El Pollo Loco had a return on equity of 10.15% and a net margin of 5.39%. As a group, sell-side analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LOCO shares. Zacks Research raised shares of El Pollo Loco from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of El Pollo Loco in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.00.

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.