El Pollo LoCo (LOCO) Hits New 52-Week Low at $9.38

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) reached a new 52-week low during trading on Tuesday . The company traded as low as $9.38 and last traded at $9.35, with a volume of 255642 shares. The stock had previously closed at $9.48.

A number of research firms have recently commented on LOCO. Zacks Investment Research cut El Pollo LoCo from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Robert W. Baird cut their target price on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 3rd. Finally, SunTrust Banks reissued a “hold” rating and issued a $12.00 target price on shares of El Pollo LoCo in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.00.

The company has a market capitalization of $365.27, a P/E ratio of 14.77, a P/E/G ratio of 0.88 and a beta of 0.34. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.35 and a quick ratio of 0.31.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. lifted its holdings in shares of El Pollo LoCo by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 69,818 shares of the restaurant operator’s stock valued at $967,000 after purchasing an additional 437 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of El Pollo LoCo by 2.5% during the second quarter. Wells Fargo & Company MN now owns 18,582 shares of the restaurant operator’s stock valued at $258,000 after purchasing an additional 462 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of El Pollo LoCo by 4.0% during the second quarter. The Manufacturers Life Insurance Company now owns 17,648 shares of the restaurant operator’s stock valued at $245,000 after purchasing an additional 671 shares in the last quarter. Thrivent Financial For Lutherans lifted its holdings in shares of El Pollo LoCo by 6.5% during the second quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after purchasing an additional 790 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of El Pollo LoCo by 3.8% during the second quarter. Teachers Advisors LLC now owns 35,456 shares of the restaurant operator’s stock valued at $491,000 after purchasing an additional 1,303 shares in the last quarter. 78.08% of the stock is currently owned by hedge funds and other institutional investors.

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El Pollo LoCo 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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