El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese Sells 1,898 Shares of Stock

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese sold 1,898 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $10.96, for a total value of $20,802.08. Following the transaction, the director now directly owns 21,390 shares in the company, valued at $234,434.40. This trade represents a 8.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

El Pollo Loco Trading Down 0.2 %

LOCO stock opened at $9.28 on Tuesday. The stock has a market cap of $276.33 million, a price-to-earnings ratio of 11.75 and a beta of 1.35. The company has a fifty day moving average price of $11.14 and a two-hundred day moving average price of $11.98. El Pollo Loco Holdings, Inc. has a one year low of $8.17 and a one year high of $14.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.31 and a quick ratio of 0.29.

El Pollo Loco (NASDAQ:LOCO) last announced its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 EPS for the quarter, topping the consensus estimate of $0.14 by $0.06. The business had revenue of $114.28 million during 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 analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.

Hedge Funds Weigh In On El Pollo Loco

Several institutional investors and hedge funds have recently made changes to their positions in LOCO. LSV Asset Management grew its holdings in El Pollo Loco by 21.1% in the 4th quarter. LSV Asset Management now owns 1,533,400 shares of the restaurant operator’s stock valued at $17,695,000 after buying an additional 266,908 shares in the last quarter. William Blair Investment Management LLC boosted its position in shares of 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 acquiring an additional 34,399 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of 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 acquiring an additional 40,012 shares in the last quarter. State Street Corp increased its position in El Pollo Loco by 2.5% during the third quarter. State Street Corp now owns 593,425 shares of the restaurant operator’s stock worth $8,130,000 after acquiring an additional 14,692 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in El Pollo Loco by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 456,432 shares of the restaurant operator’s stock worth $5,267,000 after purchasing an additional 45,134 shares in the last quarter. Institutional investors and hedge funds own 81.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Benchmark restated a “hold” rating on shares of El Pollo Loco in a report on Monday, March 10th. Craig Hallum began coverage on shares of El Pollo Loco in a report on Tuesday, March 11th. They issued a “buy” rating and a $18.00 target price on the stock. Finally, StockNews.com cut El Pollo Loco from a “buy” rating to a “hold” rating in a report on Tuesday, April 1st.

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.