Parametric Portfolio Associates LLC Has $434,000 Stake in El Pollo Loco Holdings, Inc. (LOCO)

Parametric Portfolio Associates LLC decreased its position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,315 shares of the restaurant operator’s stock after selling 4,763 shares during the period. Parametric Portfolio Associates LLC owned about 0.09% of El Pollo Loco Holdings worth $434,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of LOCO. Princeton Alpha Management LP bought a new position in shares of El Pollo Loco Holdings during the first quarter worth approximately $138,000. Thrivent Financial for Lutherans boosted its position in shares of El Pollo Loco Holdings by 6.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,650 shares of the restaurant operator’s stock worth $143,000 after buying an additional 660 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its position in shares of El Pollo Loco Holdings by 13.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 15,797 shares of the restaurant operator’s stock worth $194,000 after buying an additional 1,835 shares in the last quarter. Comerica Bank boosted its position in shares of El Pollo Loco Holdings by 6.4% in the fourth quarter. Comerica Bank now owns 22,802 shares of the restaurant operator’s stock worth $284,000 after buying an additional 1,370 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in El Pollo Loco Holdings by 4.6% in the first quarter. Ameriprise Financial Inc. now owns 111,930 shares of the restaurant operator’s stock valued at $1,337,000 after buying an additional 4,895 shares during the period. 77.00% of the stock is owned by hedge funds and other institutional investors.

El Pollo Loco Holdings, Inc. (NASDAQ LOCO) opened at 11.55 on Friday. El Pollo Loco Holdings, Inc. has a one year low of $10.08 and a one year high of $14.85. The company has a 50-day moving average price of $12.93 and a 200-day moving average price of $12.85. The company has a market capitalization of $446.42 million, a price-to-earnings ratio of 25.11 and a beta of 0.31.

El Pollo Loco Holdings (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $105.60 million during the quarter, compared to analyst estimates of $105.83 million. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. El Pollo Loco Holdings’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.19 earnings per share. Equities research analysts anticipate that El Pollo Loco Holdings, Inc. will post $0.67 EPS for the current year.

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Several research firms recently commented on LOCO. BidaskClub cut El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Morgan Stanley cut their price target on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Robert W. Baird boosted their price target on El Pollo Loco Holdings from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, June 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $15.00.

About El Pollo Loco Holdings

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

Institutional Ownership by Quarter for El Pollo Loco Holdings (NASDAQ:LOCO)

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