Credit Suisse AG reduced its stake in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 33.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,019 shares of the restaurant operator’s stock after selling 6,136 shares during the period. Credit Suisse AG’s holdings in El Pollo Loco Holdings were worth $143,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in El Pollo Loco Holdings by 6.4% in the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock valued at $22,104,000 after acquiring an additional 111,692 shares during the period. Blair William & Co. IL boosted its stake in El Pollo Loco Holdings by 344.4% in the first quarter. Blair William & Co. IL now owns 91,399 shares of the restaurant operator’s stock valued at $1,142,000 after acquiring an additional 70,830 shares during the period. OppenheimerFunds Inc. boosted its stake in El Pollo Loco Holdings by 44.6% in the first quarter. OppenheimerFunds Inc. now owns 25,828 shares of the restaurant operator’s stock valued at $309,000 after acquiring an additional 7,971 shares during the period. Oxford Asset Management acquired a new position in El Pollo Loco Holdings in the first quarter valued at approximately $1,547,000. Finally, Morgan Stanley boosted its stake in El Pollo Loco Holdings by 27.2% in the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock valued at $3,537,000 after acquiring an additional 63,290 shares during the period. Institutional investors own 77.16% of the company’s stock.

LOCO has been the subject of a number of research reports. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Jefferies Group LLC restated a “buy” rating and issued a $15.00 target price on shares of El Pollo Loco Holdings in a research note on Tuesday, August 22nd. BidaskClub downgraded El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Finally, Robert W. Baird lifted their target price on El Pollo Loco Holdings from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $14.75.

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Shares of El Pollo Loco Holdings, Inc. (LOCO) traded up 0.45% during trading on Friday, reaching $11.20. The company’s stock had a trading volume of 245,576 shares. El Pollo Loco Holdings, Inc. has a 1-year low of $10.08 and a 1-year high of $14.85. The stock has a market capitalization of $432.89 million, a price-to-earnings ratio of 24.35 and a beta of 0.33. The company’s 50-day moving average price is $12.10 and its 200 day moving average price is $12.73.

El Pollo Loco Holdings (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. The firm had revenue of $105.60 million during the quarter, compared to analyst estimates of $105.83 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. Analysts anticipate that El Pollo Loco Holdings, Inc. will post $0.67 EPS for the current year.

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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