Campbell & CO Investment Adviser LLC reduced its holdings in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 2.0% in the third quarter, Holdings Channel reports. The institutional investor owned 28,802 shares of the restaurant operator’s stock after selling 600 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in El Pollo Loco were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Bank of Montreal Can increased its holdings in El Pollo Loco by 1,689.5% during the second quarter. Bank of Montreal Can now owns 1,700 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 1,605 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in El Pollo Loco by 10.1% during the first quarter. BNP Paribas Arbitrage SA now owns 8,259 shares of the restaurant operator’s stock valued at $70,000 after buying an additional 759 shares during the last quarter. SG Americas Securities LLC purchased a new stake in El Pollo Loco during the second quarter valued at approximately $146,000. Quadrature Capital Ltd purchased a new stake in El Pollo Loco during the second quarter valued at approximately $180,000. Finally, Deutsche Bank AG increased its holdings in El Pollo Loco by 108.7% during the first quarter. Deutsche Bank AG now owns 13,677 shares of the restaurant operator’s stock valued at $116,000 after buying an additional 7,123 shares during the last quarter. 97.11% of the stock is owned by institutional investors and hedge funds.
LOCO opened at $17.32 on Friday. The firm has a market cap of $622.17 million, a P/E ratio of 32.07 and a beta of 1.50. El Pollo Loco Holdings, Inc. has a 1-year low of $6.15 and a 1-year high of $19.90. The company has a 50 day simple moving average of $16.89 and a two-hundred day simple moving average of $14.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.21 and a quick ratio of 1.18.
El Pollo Loco (NASDAQ:LOCO) last issued its earnings results on Thursday, July 30th. The restaurant operator reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.15. El Pollo Loco had a net margin of 4.48% and a return on equity of 10.44%. The firm had revenue of $99.60 million during the quarter, compared to analyst estimates of $96.64 million. Equities analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.77 earnings per share for the current year.
In related news, CFO Laurance Roberts sold 13,600 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $17.75, for a total transaction of $241,400.00. Following the completion of the transaction, the chief financial officer now owns 109,096 shares in the company, valued at $1,936,454. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 28,600 shares of company stock valued at $511,400. 49.70% of the stock is owned by company insiders.
A number of analysts have commented on LOCO shares. BidaskClub raised shares of El Pollo Loco from a “sell” rating to a “hold” rating in a report on Friday, October 9th. TheStreet raised shares of El Pollo Loco from a “c” rating to a “b-” rating in a report on Friday, August 7th. Zacks Investment Research upgraded shares of El Pollo Loco from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Thursday, July 23rd. Finally, William Blair reiterated a “market perform” rating on shares of El Pollo Loco in a research report on Monday, July 20th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $15.67.
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. The company offers fire-grilling citrus-marinated chicken in various entrees, including specialty chicken burritos, chicken quesadillas, chicken tostada salads, and chicken tortilla soup, as well as provides 500 calorie entrees, and Pollo Bowl and Pollo salad products.
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