El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese Sells 1,000 Shares

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese sold 1,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $10.19, for a total transaction of $10,190.00. Following the completion of the transaction, the director now directly owns 33,222 shares in the company, valued at $338,532.18. This trade represents a 2.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

El Pollo Loco Stock Performance

Shares of NASDAQ:LOCO opened at $9.28 on Tuesday. The firm has a fifty day simple moving average of $11.14 and a two-hundred day simple moving average of $11.98. El Pollo Loco Holdings, Inc. has a 52 week low of $8.17 and a 52 week high of $14.25. 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 stock has a market capitalization of $276.33 million, a P/E ratio of 11.75 and a beta of 1.35.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.06. The company had revenue of $114.28 million for the quarter, compared to analysts’ expectations of $113.19 million. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. On average, analysts expect that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

Institutional Trading of El Pollo Loco

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Franklin Resources Inc. increased its position in El Pollo Loco by 372.6% during the third quarter. Franklin Resources Inc. now owns 70,409 shares of the restaurant operator’s stock valued at $951,000 after acquiring an additional 55,510 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in shares of El Pollo Loco by 54.0% during the 4th quarter. First Eagle Investment Management LLC now owns 453,422 shares of the restaurant operator’s stock worth $5,232,000 after purchasing an additional 159,000 shares during the period. Janney Montgomery Scott LLC grew its holdings in El Pollo Loco by 89.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 84,247 shares of the restaurant operator’s stock valued at $972,000 after purchasing an additional 39,824 shares during the last quarter. JPMorgan Chase & Co. raised its position in El Pollo Loco by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 411,298 shares of the restaurant operator’s stock worth $5,635,000 after purchasing an additional 75,542 shares during the period. Finally, AlphaQuest LLC lifted its stake in El Pollo Loco by 17,165.8% in the fourth quarter. AlphaQuest LLC now owns 27,798 shares of the restaurant operator’s stock worth $321,000 after purchasing an additional 27,637 shares during the last quarter. Hedge funds and other institutional investors own 81.28% of the company’s stock.

Analysts Set New Price Targets

LOCO has been the subject of several research reports. Craig Hallum assumed coverage on shares of El Pollo Loco in a report on Tuesday, March 11th. They set a “buy” rating and a $18.00 price objective for the company. StockNews.com lowered El Pollo Loco from a “buy” rating to a “hold” rating in a research note on Tuesday, April 1st. Finally, Benchmark reaffirmed a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th.

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.