Blue Trust Inc. Sells 950 Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Blue Trust Inc. lowered its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,196 shares of the restaurant operator’s stock after selling 950 shares during the period. Blue Trust Inc.’s holdings in El Pollo Loco were worth $106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of LOCO. SG Americas Securities LLC purchased a new position in El Pollo Loco in the 3rd quarter worth approximately $120,000. Allspring Global Investments Holdings LLC bought a new position in shares of El Pollo Loco in the 3rd quarter worth about $1,056,000. Empowered Funds LLC increased its stake in shares of El Pollo Loco by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 167,003 shares of the restaurant operator’s stock worth $2,288,000 after acquiring an additional 8,442 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. grew its position 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 valued at $29,000 after purchasing an additional 1,002 shares during the last quarter. Finally, Biglari Sardar grew its position in El Pollo Loco by 307.7% during the 3rd quarter. Biglari Sardar now owns 489,247 shares of the restaurant operator’s stock valued at $6,703,000 after purchasing an additional 369,247 shares during the last quarter. Institutional investors own 81.28% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

El Pollo Loco Stock Performance

LOCO stock opened at $11.83 on Friday. The firm has a 50-day simple moving average of $11.81 and a two-hundred day simple moving average of $12.58. El Pollo Loco Holdings, Inc. has a one year low of $8.17 and a one year high of $14.25. The firm has a market cap of $354.19 million, a price-to-earnings ratio of 14.97 and a beta of 1.46. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31.

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.