Monimus Capital Management LP Takes $935,000 Position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Monimus Capital Management LP purchased a new stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 80,991 shares of the restaurant operator’s stock, valued at approximately $935,000. Monimus Capital Management LP owned approximately 0.27% of El Pollo Loco at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LOCO. Point72 DIFC Ltd purchased a new position in El Pollo Loco in the third quarter worth $27,000. Point72 Asia Singapore Pte. Ltd. increased its position in shares of El Pollo Loco by 91.8% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 1,002 shares during the period. SG Americas Securities LLC increased its position in shares of El Pollo Loco by 22.3% during the fourth quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator’s stock valued at $124,000 after buying an additional 1,954 shares during the period. Olympiad Research LP purchased a new position in shares of El Pollo Loco during the fourth quarter valued at about $130,000. Finally, Centiva Capital LP purchased a new stake in El Pollo Loco in the third quarter worth about $153,000. 81.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of El Pollo Loco from a “hold” rating to a “buy” rating in a report on Tuesday. Craig Hallum assumed coverage on shares of El Pollo Loco in a research report on Tuesday. They set a “buy” rating and a $18.00 price objective on the stock. Finally, Benchmark restated a “hold” rating on shares of El Pollo Loco in a research report on Monday, March 10th.

El Pollo Loco Stock Performance

Shares of NASDAQ:LOCO opened at $10.08 on Friday. El Pollo Loco Holdings, Inc. has a 52 week low of $8.17 and a 52 week high of $14.25. The stock has a market capitalization of $300.15 million, a P/E ratio of 12.76 and a beta of 1.50. The firm has a fifty day simple moving average of $11.51 and a two-hundred day simple moving average of $12.36. 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 announced its quarterly earnings data on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The company had revenue of $114.28 million during the quarter, compared to analyst estimates of $113.19 million. On average, analysts expect that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal 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.