El Pollo Loco Holdings, Inc. (LOCO) Stake Lowered by Vanguard Group Inc.

Vanguard Group Inc. lowered its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 15.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,567,610 shares of the restaurant operator’s stock after selling 282,046 shares during the quarter. Vanguard Group Inc. owned about 4.08% of El Pollo Loco Holdings worth $21,711,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thrivent Financial For Lutherans increased its holdings in shares of El Pollo Loco Holdings by 4.3% in the 1st quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after acquiring an additional 500 shares during the last quarter. Hartford Investment Management Co. purchased a new position in shares of El Pollo Loco Holdings in the 2nd quarter valued at about $187,000. Alliancebernstein L.P. increased its holdings in shares of El Pollo Loco Holdings by 18.4% in the 1st quarter. Alliancebernstein L.P. now owns 16,110 shares of the restaurant operator’s stock valued at $193,000 after acquiring an additional 2,500 shares during the last quarter. Texas Permanent School Fund increased its holdings in shares of El Pollo Loco Holdings by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock valued at $218,000 after acquiring an additional 130 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of El Pollo Loco Holdings by 2,967.5% in the 2nd quarter. Creative Planning now owns 18,405 shares of the restaurant operator’s stock valued at $255,000 after acquiring an additional 17,805 shares during the last quarter. Institutional investors and hedge funds own 76.78% of the company’s stock.

El Pollo Loco Holdings, Inc. (NASDAQ LOCO) opened at $10.25 on Wednesday. The stock has a market capitalization of $390.39, a P/E ratio of 15.78, a P/E/G ratio of 1.09 and a beta of 0.35. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35. El Pollo Loco Holdings, Inc. has a 12 month low of $9.55 and a 12 month high of $14.85.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $101.16 million for the quarter, compared to analysts’ expectations of $103.71 million. El Pollo Loco Holdings had a return on equity of 9.14% and a net margin of 2.27%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 EPS. analysts expect that El Pollo Loco Holdings, Inc. will post 0.62 earnings per share for the current fiscal year.

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A number of research analysts have recently commented on LOCO shares. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a report on Wednesday, July 19th. BidaskClub downgraded El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Finally, Morgan Stanley dropped their price target on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $13.00.

El Pollo Loco Holdings Company Profile

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

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

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