El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Acquired by Rodgers Brothers Inc.

Rodgers Brothers Inc. grew its position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,725 shares of the restaurant operator’s stock after acquiring an additional 16,150 shares during the quarter. Rodgers Brothers Inc.’s holdings in El Pollo Loco were worth $2,075,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of El Pollo Loco by 4.5% in the first quarter. Barclays PLC now owns 37,057 shares of the restaurant operator’s stock valued at $597,000 after acquiring an additional 1,580 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of El Pollo Loco by 0.6% in the fourth quarter. Bank of New York Mellon Corp now owns 217,045 shares of the restaurant operator’s stock valued at $3,929,000 after acquiring an additional 1,310 shares during the period. Swiss National Bank boosted its holdings in shares of El Pollo Loco by 2.7% in the first quarter. Swiss National Bank now owns 45,850 shares of the restaurant operator’s stock valued at $739,000 after acquiring an additional 1,200 shares during the period. Assetmark Inc. lifted its holdings in shares of El Pollo Loco by 28.4% during the first quarter. Assetmark Inc. now owns 28,582 shares of the restaurant operator’s stock worth $461,000 after purchasing an additional 6,320 shares during the period. Finally, Sapience Investments LLC lifted its holdings in shares of El Pollo Loco by 3.2% during the fourth quarter. Sapience Investments LLC now owns 334,894 shares of the restaurant operator’s stock worth $6,062,000 after purchasing an additional 10,430 shares during the period. 46.76% of the stock is owned by institutional investors and hedge funds.

In other El Pollo Loco news, CFO Laurance Roberts sold 5,000 shares of the stock in a transaction on Thursday, June 24th. The stock was sold at an average price of $18.00, for a total value of $90,000.00. Following the completion of the transaction, the chief financial officer now owns 107,390 shares in the company, valued at $1,933,020. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 47.90% of the company’s stock.

LOCO has been the subject of several recent research reports. TheStreet downgraded El Pollo Loco from a “b-” rating to a “c+” rating in a report on Monday, March 29th. Zacks Investment Research downgraded El Pollo Loco from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $23.00 price target on shares of El Pollo Loco in a report on Tuesday, July 13th.

NASDAQ:LOCO traded up $0.17 during trading hours on Thursday, hitting $18.55. The company’s stock had a trading volume of 661 shares, compared to its average volume of 248,914. The company has a 50-day moving average price of $17.57. The firm has a market capitalization of $676.70 million, a P/E ratio of 23.47 and a beta of 1.56. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.37 and a quick ratio of 0.34. El Pollo Loco Holdings, Inc. has a 52-week low of $13.95 and a 52-week high of $21.96.

El Pollo Loco (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, May 6th. The restaurant operator reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $107.72 million during the quarter, compared to analysts’ expectations of $106.16 million. El Pollo Loco had a return on equity of 10.02% and a net margin of 5.79%. El Pollo Loco’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 earnings per share. On average, research analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.86 EPS for the current fiscal year.

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. As of March 11, 2021, the company operated approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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

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