El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its stake in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 16.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,080 shares of the restaurant operator’s stock after selling 24,940 shares during the quarter. Assenagon Asset Management S.A. owned about 0.42% of El Pollo Loco worth $1,455,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in LOCO. JPMorgan Chase & Co. grew its holdings in shares of El Pollo Loco by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 411,298 shares of the restaurant operator’s stock worth $5,635,000 after purchasing an additional 75,542 shares during the period. Franklin Resources Inc. grew its stake in El Pollo Loco by 372.6% during the third quarter. Franklin Resources Inc. now owns 70,409 shares of the restaurant operator’s stock worth $951,000 after buying an additional 55,510 shares during the period. Barclays PLC increased its position in shares of El Pollo Loco by 49.4% in the third quarter. Barclays PLC now owns 65,845 shares of the restaurant operator’s stock worth $901,000 after acquiring an additional 21,770 shares in the last quarter. Jane Street Group LLC increased its position in shares of El Pollo Loco by 99.2% in the third quarter. Jane Street Group LLC now owns 60,541 shares of the restaurant operator’s stock worth $829,000 after acquiring an additional 30,143 shares in the last quarter. Finally, State Street Corp raised its stake in shares of El Pollo Loco by 2.5% in the 3rd quarter. State Street Corp now owns 593,425 shares of the restaurant operator’s stock valued at $8,130,000 after acquiring an additional 14,692 shares during the period. 81.28% of the stock is owned by hedge funds and other institutional investors.

El Pollo Loco Trading Up 0.5 %

NASDAQ:LOCO opened at $11.47 on Friday. The business has a fifty day moving average of $11.94 and a 200-day moving average of $12.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. The stock has a market cap of $343.41 million, a price-to-earnings ratio of 14.52 and a beta of 1.47. El Pollo Loco Holdings, Inc. has a 1 year low of $8.17 and a 1 year high of $14.25.

El Pollo Loco (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $120.40 million during the quarter, compared to analyst estimates of $121.03 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The company’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. Equities analysts predict that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.