Royal Bank of Canada reduced its stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,784 shares of the restaurant operator’s stock after selling 645 shares during the quarter. Royal Bank of Canada owned about 0.08% of El Pollo Loco Holdings worth $440,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Texas Permanent School Fund raised its stake in El Pollo Loco Holdings by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock worth $218,000 after acquiring an additional 130 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in El Pollo Loco Holdings by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 69,818 shares of the restaurant operator’s stock worth $967,000 after purchasing an additional 437 shares during the last quarter. Wells Fargo & Company MN grew its position in El Pollo Loco Holdings by 2.5% during the 2nd quarter. Wells Fargo & Company MN now owns 18,582 shares of the restaurant operator’s stock worth $258,000 after purchasing an additional 462 shares during the last quarter. Thrivent Financial For Lutherans grew its position in El Pollo Loco Holdings by 4.3% during the 1st quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock worth $145,000 after purchasing an additional 500 shares during the last quarter. Finally, Rhumbline Advisers grew its position in El Pollo Loco Holdings by 2.8% during the 2nd quarter. Rhumbline Advisers now owns 41,272 shares of the restaurant operator’s stock worth $572,000 after purchasing an additional 1,115 shares during the last quarter. Hedge funds and other institutional investors own 76.78% of the company’s stock.

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Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) opened at $10.25 on Wednesday. The firm has a market cap of $390.39, a PE ratio of 15.78, a PEG ratio of 1.09 and a beta of 0.35. The company has a quick ratio of 0.31, a current ratio of 0.35 and a debt-to-equity ratio of 0.31. El Pollo Loco Holdings, Inc. has a fifty-two week low of $9.55 and a fifty-two week high of $14.85.

El Pollo Loco Holdings (NASDAQ:LOCO) last issued its earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). The firm had revenue of $101.16 million during the quarter, compared to analysts’ expectations of $103.71 million. El Pollo Loco Holdings had a net margin of 2.27% and a return on equity of 9.14%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. sell-side analysts expect that El Pollo Loco Holdings, Inc. will post 0.62 EPS for the current year.

Several research analysts have issued reports on the stock. Jefferies Group LLC reissued a “buy” rating on shares of El Pollo Loco Holdings in a research report on Wednesday, July 19th. BidaskClub downgraded shares of El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Robert W. Baird lowered their price objective on shares of El Pollo Loco Holdings from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, November 3rd. Finally, SunTrust Banks, Inc. reissued a “hold” rating and set a $12.00 price objective on shares of El Pollo Loco Holdings in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. El Pollo Loco Holdings has a consensus rating of “Hold” and a consensus target price of $13.00.

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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