El Pollo LoCo Holdings Inc (LOCO) Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in El Pollo LoCo Holdings Inc (NASDAQ:LOCO) by 23.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,709,494 shares of the restaurant operator’s stock after buying an additional 321,168 shares during the period. Dimensional Fund Advisors LP owned 4.43% of El Pollo LoCo worth $19,488,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. BlackRock Inc. grew its position in shares of El Pollo LoCo by 5.8% during the 2nd quarter. BlackRock Inc. now owns 3,247,496 shares of the restaurant operator’s stock valued at $37,023,000 after acquiring an additional 179,321 shares during the period. Royce & Associates LP grew its position in shares of El Pollo LoCo by 63.7% during the 2nd quarter. Royce & Associates LP now owns 751,958 shares of the restaurant operator’s stock valued at $8,572,000 after acquiring an additional 292,700 shares during the period. Schwab Charles Investment Management Inc. grew its position in shares of El Pollo LoCo by 24.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 106,890 shares of the restaurant operator’s stock valued at $1,219,000 after acquiring an additional 20,799 shares during the period. Trexquant Investment LP bought a new stake in shares of El Pollo LoCo during the 2nd quarter valued at $121,000. Finally, SG Americas Securities LLC bought a new stake in shares of El Pollo LoCo during the 2nd quarter valued at $128,000. Institutional investors own 84.43% of the company’s stock.

LOCO opened at $12.48 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.47 and a current ratio of 0.51. El Pollo LoCo Holdings Inc has a fifty-two week low of $9.05 and a fifty-two week high of $14.40. The firm has a market cap of $484.54 million, a P/E ratio of 19.65, a PEG ratio of 1.18 and a beta of 0.36.

El Pollo LoCo (NASDAQ:LOCO) last released its earnings results on Thursday, August 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.22. El Pollo LoCo had a net margin of 0.85% and a return on equity of 9.33%. The company had revenue of $111.60 million for the quarter, compared to analysts’ expectations of $111.70 million. During the same quarter in the previous year, the company earned $0.21 EPS. El Pollo LoCo’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, equities analysts expect that El Pollo LoCo Holdings Inc will post 0.71 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the stock. BidaskClub downgraded shares of El Pollo LoCo from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th. Zacks Investment Research cut shares of El Pollo LoCo from a “hold” rating to a “sell” rating in a research note on Wednesday, July 4th. Jefferies Financial Group restated a “buy” rating and set a $14.00 target price on shares of El Pollo LoCo in a research note on Friday, July 13th. TheStreet upgraded shares of El Pollo LoCo from a “c” rating to a “b-” rating in a research note on Friday, August 3rd. Finally, ValuEngine upgraded shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. El Pollo LoCo presently has a consensus rating of “Hold” and an average price target of $13.00.

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. The company specializes in offering flame-grilled chicken. As of August 20, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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Institutional Ownership by Quarter for El Pollo LoCo (NASDAQ:LOCO)

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