El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its holdings in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 4.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 594,576 shares of the restaurant operator’s stock after selling 27,716 shares during the period. Geode Capital Management LLC owned 1.99% of El Pollo Loco worth $8,148,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd acquired a new stake in El Pollo Loco during the third quarter worth approximately $27,000. Point72 Asia Singapore Pte. Ltd. raised its stake in El Pollo Loco by 91.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock worth $29,000 after acquiring an additional 1,002 shares in the last quarter. Quarry LP acquired a new stake in El Pollo Loco during the 2nd quarter worth $30,000. nVerses Capital LLC purchased a new stake in El Pollo Loco in the third quarter valued at $45,000. Finally, SG Americas Securities LLC acquired a new position in El Pollo Loco in the third quarter valued at $120,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.

El Pollo Loco Stock Down 1.1 %

LOCO stock opened at $11.41 on Friday. El Pollo Loco Holdings, Inc. has a 12 month low of $8.17 and a 12 month 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. The company has a market cap of $341.60 million, a price-to-earnings ratio of 14.44 and a beta of 1.45. The company has a fifty day moving average price of $12.29 and a 200 day moving average price of $12.44.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $120.40 million for the quarter, compared to analysts’ expectations of $121.03 million. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 EPS. Sell-side analysts expect that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded El Pollo Loco from a “hold” rating to a “buy” rating in a research report on Friday, November 8th.

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.