El Pollo Loco Holdings, Inc. (LOCO) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System cut its position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 9.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,024 shares of the restaurant operator’s stock after selling 3,900 shares during the period. California State Teachers Retirement System owned about 0.09% of El Pollo Loco worth $499,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Garner Asset Management Corp bought a new stake in El Pollo Loco during the 2nd quarter valued at $145,000. Virtu KCG Holdings LLC bought a new stake in El Pollo Loco during the 2nd quarter valued at $157,000. Thrivent Financial For Lutherans raised its position in El Pollo Loco by 6.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after purchasing an additional 790 shares in the last quarter. Alliancebernstein L.P. raised its position in El Pollo Loco by 18.4% during the 1st quarter. Alliancebernstein L.P. now owns 16,110 shares of the restaurant operator’s stock valued at $193,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Texas Permanent School Fund raised its position in El Pollo Loco by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock valued at $218,000 after purchasing an additional 130 shares in the last quarter. 78.14% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on the company. Robert W. Baird decreased their target price on El Pollo Loco from $15.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, November 3rd. Zacks Investment Research raised El Pollo Loco from a “sell” rating to a “hold” rating in a research report on Saturday, September 23rd. SunTrust Banks reaffirmed a “hold” rating and set a $12.00 target price on shares of El Pollo Loco in a research report on Friday, November 3rd. Finally, Jefferies Group reaffirmed a “buy” rating and set a $15.00 target price on shares of El Pollo Loco in a research report on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $13.00.

El Pollo Loco Holdings, Inc. (NASDAQ LOCO) opened at $10.45 on Thursday. The company has a market capitalization of $413.59, a price-to-earnings ratio of 16.72, a PEG ratio of 1.16 and a beta of 0.31. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.35 and a quick ratio of 0.31. El Pollo Loco Holdings, Inc. has a 1 year low of $9.55 and a 1 year high of $14.85.

El Pollo Loco (NASDAQ:LOCO) last released its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). The company had revenue of $101.16 million during the quarter, compared to the consensus estimate of $103.71 million. El Pollo Loco had a return on equity of 9.14% and a net margin of 2.27%. The company’s revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 earnings per share. research analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.62 earnings per share for the current year.

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El Pollo Loco 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 (NASDAQ:LOCO)

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