19,597 Shares in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Bought by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC acquired a new stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 19,597 shares of the restaurant operator’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LSV Asset Management grew its stake in El Pollo Loco by 21.1% in the fourth quarter. LSV Asset Management now owns 1,533,400 shares of the restaurant operator’s stock valued at $17,695,000 after purchasing an additional 266,908 shares during the last quarter. William Blair Investment Management LLC grew its stake in El Pollo Loco by 2.5% in the fourth quarter. William Blair Investment Management LLC now owns 1,406,454 shares of the restaurant operator’s stock valued at $16,230,000 after purchasing an additional 34,399 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in El Pollo Loco by 6.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 618,829 shares of the restaurant operator’s stock valued at $7,141,000 after purchasing an additional 40,012 shares during the last quarter. JPMorgan Chase & Co. grew its stake in El Pollo Loco by 11.0% in the fourth quarter. JPMorgan Chase & Co. now owns 456,432 shares of the restaurant operator’s stock valued at $5,267,000 after purchasing an additional 45,134 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its stake in El Pollo Loco by 54.0% in the fourth quarter. First Eagle Investment Management LLC now owns 453,422 shares of the restaurant operator’s stock valued at $5,232,000 after purchasing an additional 159,000 shares during the last quarter. Hedge funds and other institutional investors own 81.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on LOCO shares. Craig Hallum started coverage on El Pollo Loco in a research note on Tuesday, March 11th. They issued a “buy” rating and a $18.00 target price on the stock. Benchmark reiterated a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th. Finally, StockNews.com lowered El Pollo Loco from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd.

El Pollo Loco Price Performance

Shares of LOCO stock opened at $9.16 on Wednesday. El Pollo Loco Holdings, Inc. has a fifty-two week low of $8.29 and a fifty-two week high of $14.25. The firm has a market capitalization of $275.28 million, a price-to-earnings ratio of 11.60 and a beta of 1.11. 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 stock’s 50-day simple moving average is $9.73 and its 200-day simple moving average is $11.13.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, May 1st. The restaurant operator reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The business had revenue of $119.18 million for the quarter, compared to analysts’ expectations of $118.20 million. During the same quarter in the previous year, the firm posted $0.22 EPS. El Pollo Loco’s revenue was up 2.6% on a year-over-year basis. As a group, equities analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

About El Pollo Loco

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.