Principal Financial Group Inc. lifted its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 0.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,647 shares of the restaurant operator’s stock after purchasing an additional 115 shares during the quarter. Principal Financial Group Inc. owned 0.43% of El Pollo Loco Holdings worth $2,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Arizona State Retirement System raised its stake in shares of El Pollo Loco Holdings by 0.9% in the first quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock worth $134,000 after purchasing an additional 100 shares during the last quarter. Thrivent Financial For Lutherans raised its stake in shares of El Pollo Loco Holdings by 4.3% in the first quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock worth $145,000 after purchasing an additional 500 shares during the last quarter. Hartford Investment Management Co. purchased a new position in shares of El Pollo Loco Holdings in the second quarter worth $187,000. Texas Permanent School Fund raised its stake in shares of El Pollo Loco Holdings by 0.8% in the second quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock worth $218,000 after purchasing an additional 130 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of El Pollo Loco Holdings by 18.4% in the first quarter. Alliancebernstein L.P. now owns 16,110 shares of the restaurant operator’s stock worth $193,000 after purchasing an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 77.16% of the company’s stock.

Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) opened at 12.40 on Friday. El Pollo Loco Holdings, Inc. has a 12-month low of $10.08 and a 12-month high of $14.85. The company has a market cap of $479.27 million, a price-to-earnings ratio of 26.96 and a beta of 0.36. The firm’s 50-day moving average price is $11.69 and its 200 day moving average price is $12.72.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 return on equity of 9.56% and a net margin of 4.66%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. On average, analysts predict that El Pollo Loco Holdings, Inc. will post $0.67 earnings per share for the current year.

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LOCO has been the subject of several recent analyst reports. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $15.00 price objective on shares of El Pollo Loco Holdings in a report on Tuesday, August 22nd. BidaskClub lowered El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Finally, Morgan Stanley cut their price objective on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.25.

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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