Sapience Investments LLC purchased a new position in El Pollo LoCo Holdings Inc (NASDAQ:LOCO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 657,150 shares of the restaurant operator’s stock, valued at approximately $7,005,000. Sapience Investments LLC owned approximately 1.78% of El Pollo LoCo at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Martingale Asset Management L P grew its position in El Pollo LoCo by 98.1% in the first quarter. Martingale Asset Management L P now owns 136,311 shares of the restaurant operator’s stock worth $1,774,000 after acquiring an additional 67,506 shares in the last quarter. Bessemer Group Inc. grew its position in El Pollo LoCo by 2.6% in the second quarter. Bessemer Group Inc. now owns 79,000 shares of the restaurant operator’s stock worth $842,000 after acquiring an additional 2,000 shares in the last quarter. Crown Advisors Management Inc. purchased a new position in El Pollo LoCo in the first quarter worth about $911,000. Investment Counselors of Maryland LLC grew its position in El Pollo LoCo by 66.4% in the second quarter. Investment Counselors of Maryland LLC now owns 1,430,820 shares of the restaurant operator’s stock worth $15,253,000 after acquiring an additional 571,125 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new position in El Pollo LoCo in the first quarter worth about $144,000. Institutional investors own 95.49% of the company’s stock.
NASDAQ LOCO traded up $0.03 during trading on Monday, hitting $11.68. The stock had a trading volume of 54,191 shares, compared to its average volume of 377,635. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.34 and a current ratio of 0.37. The stock has a market capitalization of $430.29 million, a price-to-earnings ratio of 15.91, a P/E/G ratio of 1.68 and a beta of 0.51. El Pollo LoCo Holdings Inc has a one year low of $9.60 and a one year high of $18.47. The stock has a 50 day simple moving average of $10.41 and a 200 day simple moving average of $11.51.
El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.02. The business had revenue of $113.74 million during the quarter, compared to the consensus estimate of $113.74 million. El Pollo LoCo had a negative net margin of 0.36% and a positive return on equity of 10.49%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.22 earnings per share. On average, sell-side analysts predict that El Pollo LoCo Holdings Inc will post 0.7 EPS for the current year.
Several research analysts recently commented on LOCO shares. BidaskClub upgraded El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 7th. Zacks Investment Research lowered El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Tuesday, September 10th. Finally, ValuEngine lowered El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $17.00.
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 offers citrus-marinated, flame-grilled chicken, and handcrafted entrée products, including specialty chicken burritos, chicken quesadillas, and chicken tortilla soup, as well as under 500 calorie entrees, and Pollo Bowl and Pollo salad products.
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