Arrowstreet Capital Limited Partnership Purchases 40,012 Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Arrowstreet Capital Limited Partnership increased its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 618,829 shares of the restaurant operator’s stock after purchasing an additional 40,012 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in El Pollo Loco were worth $7,141,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of El Pollo Loco by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 456,432 shares of the restaurant operator’s stock valued at $5,267,000 after buying an additional 45,134 shares in the last quarter. Prudential Financial Inc. increased its stake in El Pollo Loco by 332.2% in the fourth quarter. Prudential Financial Inc. now owns 289,739 shares of the restaurant operator’s stock valued at $3,344,000 after acquiring an additional 222,704 shares during the period. American Century Companies Inc. raised its position in El Pollo Loco by 11.7% in the fourth quarter. American Century Companies Inc. now owns 47,307 shares of the restaurant operator’s stock worth $546,000 after purchasing an additional 4,949 shares in the last quarter. Quantbot Technologies LP bought a new position in El Pollo Loco during the fourth quarter worth about $70,000. Finally, Intech Investment Management LLC acquired a new stake in El Pollo Loco during the fourth quarter valued at approximately $156,000. Institutional investors and hedge funds own 81.28% of the company’s stock.

El Pollo Loco Price Performance

El Pollo Loco stock opened at $9.30 on Monday. El Pollo Loco Holdings, Inc. has a 52 week low of $8.17 and a 52 week high of $14.25. The firm has a market cap of $276.93 million, a P/E ratio of 11.77 and a beta of 1.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. The business’s fifty day moving average is $11.19 and its two-hundred day moving average is $12.01.

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

Analyst Ratings Changes

LOCO has been the subject of several analyst reports. Craig Hallum initiated coverage on El Pollo Loco in a research report on Tuesday, March 11th. They set a “buy” rating and a $18.00 target price 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 restated 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.