El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Sold by Boston Partners

Boston Partners lowered its stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 59.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 17,939 shares of the restaurant operator’s stock after selling 25,962 shares during the quarter. Boston Partners’ holdings in El Pollo Loco were worth $207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LOCO. Point72 DIFC Ltd purchased a new stake in El Pollo Loco during the 3rd quarter worth approximately $27,000. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of El Pollo Loco by 91.8% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock worth $29,000 after buying an additional 1,002 shares during the period. SG Americas Securities LLC grew its holdings in shares of El Pollo Loco by 22.3% during the fourth quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator’s stock valued at $124,000 after buying an additional 1,954 shares during the last quarter. Olympiad Research LP acquired a new position in shares of El Pollo Loco in the 4th quarter valued at $130,000. Finally, Centiva Capital LP purchased a new position in El Pollo Loco in the 3rd quarter worth $153,000. 81.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LOCO shares. Benchmark reissued a “hold” rating on shares of El Pollo Loco in a report on Monday, March 10th. StockNews.com upgraded shares of El Pollo Loco from a “hold” rating to a “buy” rating in a report on Tuesday, March 11th. Finally, Craig Hallum assumed coverage on shares of El Pollo Loco in a research report on Tuesday, March 11th. They set a “buy” rating and a $18.00 price target for the company.

El Pollo Loco Stock Performance

NASDAQ LOCO opened at $10.22 on Monday. The firm has a market capitalization of $304.32 million, a P/E ratio of 12.94 and a beta of 1.50. The stock has a 50-day simple moving average of $11.43 and a two-hundred day simple moving average of $12.22. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. El Pollo Loco Holdings, Inc. has a fifty-two week low of $8.17 and a fifty-two week high of $14.25.

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

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.