Barclays PLC raised its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Free Report) by 49.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,845 shares of the restaurant operator’s stock after acquiring an additional 21,770 shares during the quarter. Barclays PLC’s holdings in El Pollo Loco were worth $901,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of LOCO. State Street Corp lifted its stake in shares of El Pollo Loco by 2.5% in the 3rd quarter. State Street Corp now owns 593,425 shares of the restaurant operator’s stock worth $8,130,000 after purchasing an additional 14,692 shares during the period. Biglari Sardar increased its holdings in El Pollo Loco by 307.7% during the third quarter. Biglari Sardar now owns 489,247 shares of the restaurant operator’s stock valued at $6,703,000 after buying an additional 369,247 shares during the last quarter. First Eagle Investment Management LLC raised its position in El Pollo Loco by 49.8% in the second quarter. First Eagle Investment Management LLC now owns 217,922 shares of the restaurant operator’s stock worth $2,465,000 after acquiring an additional 72,424 shares during the period. Marshall Wace LLP boosted its stake in shares of El Pollo Loco by 384.0% during the 2nd quarter. Marshall Wace LLP now owns 175,670 shares of the restaurant operator’s stock worth $1,987,000 after acquiring an additional 139,375 shares during the last quarter. Finally, Empowered Funds LLC grew its position in shares of El Pollo Loco by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 167,003 shares of the restaurant operator’s stock valued at $2,288,000 after acquiring an additional 8,442 shares during the period. 81.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, StockNews.com raised El Pollo Loco from a “hold” rating to a “buy” rating in a report on Friday, November 8th.
El Pollo Loco Trading Up 1.5 %
El Pollo Loco stock opened at $11.63 on Wednesday. El Pollo Loco Holdings, Inc. has a 12-month low of $8.17 and a 12-month high of $14.25. The firm has a market capitalization of $348.19 million, a price-to-earnings ratio of 14.72 and a beta of 1.47. The firm has a 50 day moving average of $12.12 and a 200 day moving average of $12.47. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30.
El Pollo Loco (NASDAQ:LOCO – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The firm had revenue of $120.40 million during the quarter, compared to analysts’ expectations of $121.03 million. During the same period in the prior year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, research analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.
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. 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.
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