Sherbrooke Park Advisers LLC Invests $226,000 in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Sherbrooke Park Advisers LLC bought a new position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 19,597 shares of the restaurant operator’s stock, valued at approximately $226,000. Sherbrooke Park Advisers LLC owned 0.07% of El Pollo Loco as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of LOCO. Quantbot Technologies LP bought a new stake in shares of El Pollo Loco during the 4th quarter worth approximately $70,000. Quarry LP lifted its stake in shares of El Pollo Loco by 235.6% during the 4th quarter. Quarry LP now owns 7,389 shares of the restaurant operator’s stock worth $85,000 after acquiring an additional 5,187 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in shares of El Pollo Loco during the 4th quarter worth approximately $107,000. SG Americas Securities LLC lifted its stake in shares of 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 worth $124,000 after acquiring an additional 1,954 shares during the last quarter. Finally, Olympiad Research LP bought a new stake in shares of El Pollo Loco during the 4th quarter worth approximately $130,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.

El Pollo Loco Trading Down 1.4%

Shares of NASDAQ LOCO opened at $9.16 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $9.73 and a two-hundred day simple moving average of $11.13. The firm has a market cap of $275.28 million, a PE ratio of 11.60 and a beta of 1.11. El Pollo Loco Holdings, Inc. has a twelve month low of $8.29 and a twelve month high of $14.25.

El Pollo Loco (NASDAQ:LOCO) last issued its earnings results on Thursday, May 1st. The restaurant operator reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The firm had revenue of $119.18 million for the quarter, compared to the consensus estimate of $118.20 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $0.22 earnings per share. Analysts expect that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LOCO. StockNews.com lowered El Pollo Loco from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. Benchmark reissued a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th. Finally, Craig Hallum began coverage on El Pollo Loco in a research note on Tuesday, March 11th. They set a “buy” rating and a $18.00 price target for the company.

El Pollo Loco Company 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.