Integrated Quantitative Investments LLC Buys New Holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Integrated Quantitative Investments LLC purchased a new position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,501 shares of the restaurant operator’s stock, valued at approximately $283,000. Integrated Quantitative Investments LLC owned about 0.08% of El Pollo Loco as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. ExodusPoint Capital Management LP acquired a new position in shares of El Pollo Loco during the 4th quarter worth approximately $582,000. Rodgers Brothers Inc. increased its holdings in shares of El Pollo Loco by 1.9% in the fourth quarter. Rodgers Brothers Inc. now owns 214,550 shares of the restaurant operator’s stock valued at $2,476,000 after purchasing an additional 4,000 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of El Pollo Loco by 6.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 618,829 shares of the restaurant operator’s stock valued at $7,141,000 after purchasing an additional 40,012 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of El Pollo Loco by 11.0% during the 4th quarter. JPMorgan Chase & Co. now owns 456,432 shares of the restaurant operator’s stock worth $5,267,000 after buying an additional 45,134 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of El Pollo Loco by 332.2% during the 4th quarter. Prudential Financial Inc. now owns 289,739 shares of the restaurant operator’s stock worth $3,344,000 after buying an additional 222,704 shares during the period. Institutional investors own 81.28% of the company’s stock.

Analysts Set New Price Targets

LOCO has been the topic of several research analyst reports. StockNews.com cut shares of El Pollo Loco from a “buy” rating to a “hold” rating in a report on Tuesday, April 1st. Benchmark reiterated a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th. Finally, Craig Hallum initiated coverage on El Pollo Loco in a research note on Tuesday, March 11th. They issued a “buy” rating and a $18.00 price target for the company.

El Pollo Loco Stock Performance

NASDAQ LOCO opened at $9.30 on Friday. The firm has a 50-day moving average price of $11.19 and a two-hundred day moving average price of $12.02. El Pollo Loco Holdings, Inc. has a 12-month low of $8.17 and a 12-month high of $14.25. The company has a market capitalization of $276.93 million, a P/E ratio of 11.77 and a beta of 1.35. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.06. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The business had revenue of $114.28 million during the quarter, compared to analysts’ expectations of $113.19 million. Analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

About El Pollo Loco

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. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.