Bank of New York Mellon Corp trimmed its position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 0.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 272,134 shares of the restaurant operator’s stock after selling 642 shares during the period. Bank of New York Mellon Corp owned about 0.71% of El Pollo Loco Holdings worth $3,769,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in shares of El Pollo Loco Holdings by 0.9% during the first quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock worth $134,000 after buying an additional 100 shares during the period. Thrivent Financial For Lutherans increased its stake in shares of 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 worth $145,000 after buying an additional 500 shares during the period. Hartford Investment Management Co. purchased a new stake in shares of El Pollo Loco Holdings during the second quarter worth approximately $187,000. Alliancebernstein L.P. increased its stake in shares of 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 worth $193,000 after buying an additional 2,500 shares during the period. Finally, Texas Permanent School Fund increased its stake in shares of El Pollo Loco Holdings by 0.8% during the second quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock worth $218,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 77.16% of the company’s stock.

A number of analysts recently weighed in on LOCO shares. Zacks Investment Research lowered shares of El Pollo Loco Holdings from a “buy” rating to a “sell” rating in a research note on Wednesday, July 5th. Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. BidaskClub lowered shares of El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Morgan Stanley dropped their price target on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. El Pollo Loco Holdings has a consensus rating of “Hold” and an average price target of $14.25.

El Pollo Loco Holdings, Inc. (NASDAQ LOCO) opened at 12.40 on Friday. The stock has a market capitalization of $479.27 million, a price-to-earnings ratio of 26.96 and a beta of 0.36. The firm has a 50-day moving average of $11.69 and a 200 day moving average of $12.72. 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 posted its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a return on equity of 9.56% and a net margin of 4.66%. The company had revenue of $105.60 million for the quarter, compared to the consensus estimate of $105.83 million. During the same period in the previous year, the business earned $0.19 EPS. El Pollo Loco Holdings’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, analysts anticipate that El Pollo Loco Holdings, Inc. will post $0.67 EPS for the current year.

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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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