Garner Asset Management Corp purchased a new position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,440 shares of the restaurant operator’s stock, valued at approximately $145,000.

Several other hedge funds also recently modified their holdings of the company. Arizona State Retirement System increased its holdings in 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 valued at $134,000 after buying an additional 100 shares during the last quarter. Thrivent Financial For Lutherans raised its stake in El Pollo Loco Holdings by 4.3% during the first quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after buying an additional 500 shares in the last quarter. Virtu KCG Holdings LLC acquired a new stake in El Pollo Loco Holdings during the second quarter valued at approximately $157,000. Hartford Investment Management Co. acquired a new stake in El Pollo Loco Holdings during the second quarter valued at approximately $187,000. Finally, Alliancebernstein L.P. raised its stake in El Pollo Loco Holdings by 18.4% during the first quarter. Alliancebernstein L.P. now owns 16,110 shares of the restaurant operator’s stock valued at $193,000 after buying an additional 2,500 shares in the last quarter. 77.16% of the stock is currently owned by institutional investors and hedge funds.

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Several research analysts have recently commented on the company. BidaskClub lowered El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research report on Saturday, September 23rd. Morgan Stanley dropped 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 report on Monday, August 7th. Robert W. Baird raised their price objective 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. Finally, Jefferies Group LLC restated a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $14.75.

Shares of El Pollo Loco Holdings, Inc. (LOCO) traded up 2.06% during trading on Monday, reaching $12.40. 53,321 shares of the company’s stock were exchanged. The company has a market capitalization of $479.27 million, a PE ratio of 26.96 and a beta of 0.36. The company has a 50 day moving average price of $11.78 and a 200-day moving average price of $12.68. El Pollo Loco Holdings, Inc. has a 52-week low of $10.08 and a 52-week high of $14.85.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.01. The company had revenue of $105.60 million for 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%. 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 firm earned $0.19 EPS. On average, equities analysts forecast that El Pollo Loco Holdings, Inc. will post $0.67 earnings per share for the current 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.

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

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