Barclays PLC increased its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Free Report) by 49.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,845 shares of the restaurant operator’s stock after purchasing an additional 21,770 shares during the quarter. Barclays PLC owned approximately 0.22% of El Pollo Loco worth $901,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Point72 DIFC Ltd bought a new position in El Pollo Loco in the third quarter worth $27,000. Point72 Asia Singapore Pte. Ltd. grew its position in shares of El Pollo Loco by 91.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock worth $29,000 after buying an additional 1,002 shares during the period. Quarry LP bought a new position in shares of El Pollo Loco in the 2nd quarter worth about $30,000. nVerses Capital LLC purchased a new position in El Pollo Loco during the 3rd quarter valued at about $45,000. Finally, SG Americas Securities LLC bought a new stake in El Pollo Loco during the third quarter worth about $120,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of El Pollo Loco from a “hold” rating to a “buy” rating in a report on Friday, November 8th.
El Pollo Loco Trading Up 1.5 %
NASDAQ LOCO opened at $11.63 on Wednesday. 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 current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. The stock’s fifty day moving average price is $12.12 and its 200-day moving average price is $12.47. The stock has a market cap of $348.19 million, a P/E ratio of 14.72 and a beta of 1.47.
El Pollo Loco (NASDAQ:LOCO – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $120.40 million for the quarter, compared to the consensus estimate of $121.03 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. El Pollo Loco’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.19 EPS. As a group, equities analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current fiscal year.
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.
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