LSV Asset Management Raises Holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

LSV Asset Management grew its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 5.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,615,552 shares of the restaurant operator’s stock after buying an additional 82,152 shares during the quarter. LSV Asset Management owned 5.38% of El Pollo Loco worth $16,640,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in LOCO. Millennium Management LLC lifted its holdings in shares of El Pollo Loco by 392.6% in the 4th quarter. Millennium Management LLC now owns 228,816 shares of the restaurant operator’s stock worth $2,641,000 after buying an additional 182,366 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of El Pollo Loco in the 4th quarter worth $1,146,000. Bank of America Corp DE lifted its holdings in shares of El Pollo Loco by 55.5% in the 4th quarter. Bank of America Corp DE now owns 244,701 shares of the restaurant operator’s stock worth $2,824,000 after buying an additional 87,287 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of El Pollo Loco by 17.4% in the 4th quarter. Nuveen Asset Management LLC now owns 342,570 shares of the restaurant operator’s stock worth $3,953,000 after buying an additional 50,765 shares during the period. Finally, ExodusPoint Capital Management LP purchased a new stake in shares of El Pollo Loco in the 4th quarter worth $582,000. 81.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut El Pollo Loco from a “buy” rating to a “hold” rating in a report on Friday, May 2nd.

El Pollo Loco Trading Up 0.4%

El Pollo Loco stock opened at $10.49 on Tuesday. The stock has a 50-day moving average of $10.74 and a two-hundred day moving average of $10.57. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.29 and a current ratio of 0.13. El Pollo Loco Holdings, Inc. has a one year low of $8.29 and a one year high of $14.25. The stock has a market cap of $315.22 million, a PE ratio of 12.49 and a beta of 1.01.

El Pollo Loco (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, July 31st. The restaurant operator reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. The business had revenue of $125.83 million for the quarter, compared to analyst estimates of $124.24 million. El Pollo Loco had a return on equity of 9.83% and a net margin of 5.15%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 earnings per share. On average, research analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current fiscal 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.