New York State Common Retirement Fund Acquires 47,793 Shares of El Pollo Loco Holdings, Inc. (LOCO)

New York State Common Retirement Fund lifted its holdings in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 229.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,594 shares of the restaurant operator’s stock after buying an additional 47,793 shares during the period. New York State Common Retirement Fund owned approximately 0.18% of El Pollo Loco Holdings worth $950,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of El Pollo Loco Holdings by 6.4% during the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock worth $22,104,000 after buying an additional 111,692 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of El Pollo Loco Holdings by 95.0% during the first quarter. Dimensional Fund Advisors LP now owns 427,955 shares of the restaurant operator’s stock worth $5,114,000 after buying an additional 208,537 shares during the period. Morgan Stanley boosted its stake in shares of El Pollo Loco Holdings by 27.2% during the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock worth $3,537,000 after buying an additional 63,290 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of El Pollo Loco Holdings by 2.1% during the first quarter. Bank of New York Mellon Corp now owns 272,776 shares of the restaurant operator’s stock worth $3,260,000 after buying an additional 5,587 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of El Pollo Loco Holdings by 4.3% during the first quarter. Geode Capital Management LLC now owns 195,316 shares of the restaurant operator’s stock worth $2,334,000 after buying an additional 7,982 shares during the period. Institutional investors and hedge funds own 76.82% of the company’s stock.

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Several equities research analysts have recently weighed in on LOCO shares. Zacks Investment Research upgraded shares of El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. BidaskClub downgraded shares of El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Morgan Stanley decreased their target price on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $13.00.

El Pollo Loco Holdings, Inc. (NASDAQ LOCO) opened at $9.80 on Friday. The stock has a market cap of $378.79, a PE ratio of 15.31, a P/E/G ratio of 0.99 and a beta of 0.35. El Pollo Loco Holdings, Inc. has a 1-year low of $9.75 and a 1-year high of $14.85. The company has a current ratio of 0.32, a quick ratio of 0.29 and a debt-to-equity ratio of 0.34.

El Pollo Loco Holdings (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $101.16 million for the quarter, compared to analysts’ expectations of $103.71 million. El Pollo Loco Holdings had a return on equity of 9.17% and a net margin of 2.27%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 earnings per share. analysts predict that El Pollo Loco Holdings, Inc. will post 0.61 EPS for the current fiscal year.

El Pollo Loco Holdings Company Profile

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.

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

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