LS Investment Advisors LLC boosted its position in shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) by 582.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,389 shares of the restaurant operator’s stock after buying an additional 4,599 shares during the quarter. LS Investment Advisors LLC’s holdings in El Pollo LoCo were worth $82,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Quantamental Technologies LLC acquired a new position in El Pollo LoCo during the 4th quarter worth $79,000. New York State Teachers Retirement System lifted its holdings in El Pollo LoCo by 45.1% during the 4th quarter. New York State Teachers Retirement System now owns 10,294 shares of the restaurant operator’s stock worth $156,000 after buying an additional 3,200 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in El Pollo LoCo during the 3rd quarter worth $158,000. MetLife Investment Advisors LLC acquired a new position in El Pollo LoCo during the 3rd quarter worth $212,000. Finally, Algert Global LLC acquired a new position in El Pollo LoCo during the 4th quarter worth $382,000. 85.51% of the stock is currently owned by hedge funds and other institutional investors.
LOCO stock opened at $15.33 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.38 and a current ratio of 0.42. The firm has a market capitalization of $602.80 million, a PE ratio of 22.36, a P/E/G ratio of 1.94 and a beta of 0.37. El Pollo LoCo Holdings Inc has a twelve month low of $9.20 and a twelve month high of $18.47.
Several research firms have issued reports on LOCO. BidaskClub downgraded El Pollo LoCo from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Zacks Investment Research raised El Pollo LoCo from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Thursday, January 24th. Robert W. Baird increased their price target on El Pollo LoCo from $12.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, November 2nd. Finally, ValuEngine downgraded El Pollo LoCo from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. El Pollo LoCo currently has a consensus rating of “Hold” and an average price target of $14.50.
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El Pollo LoCo 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. The company specializes in offering flame-grilled chicken. As of December 06, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.
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