Two Sigma Investments LP Increases Position in El Pollo LoCo Holdings Inc (LOCO)

Two Sigma Investments LP boosted its position in shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) by 106.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 227,361 shares of the restaurant operator’s stock after acquiring an additional 117,194 shares during the period. Two Sigma Investments LP’s holdings in El Pollo LoCo were worth $2,251,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Two Sigma Advisers LP boosted its stake in El Pollo LoCo by 5.1% during the fourth quarter. Two Sigma Advisers LP now owns 214,438 shares of the restaurant operator’s stock valued at $2,123,000 after buying an additional 10,338 shares during the last quarter. Guggenheim Capital LLC bought a new position in El Pollo LoCo during the fourth quarter valued at approximately $705,000. Deutsche Bank AG boosted its stake in El Pollo LoCo by 415.1% during the fourth quarter. Deutsche Bank AG now owns 170,069 shares of the restaurant operator’s stock valued at $1,682,000 after buying an additional 137,051 shares during the last quarter. Jefferies Group LLC purchased a new stake in El Pollo LoCo during the fourth quarter valued at approximately $126,000. Finally, Renaissance Technologies LLC raised its position in El Pollo LoCo by 299.4% during the fourth quarter. Renaissance Technologies LLC now owns 254,000 shares of the restaurant operator’s stock valued at $2,515,000 after purchasing an additional 190,400 shares during the period. 78.92% of the stock is owned by institutional investors.

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Shares of LOCO stock opened at $9.50 on Friday. El Pollo LoCo Holdings Inc has a 1 year low of $9.05 and a 1 year high of $14.85. The company has a current ratio of 0.44, a quick ratio of 0.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $367.29, a price-to-earnings ratio of 15.08, a P/E/G ratio of 0.91 and a beta of 0.33.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, March 8th. The restaurant operator reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. El Pollo LoCo had a return on equity of 9.00% and a net margin of 2.15%. The business had revenue of $95.20 million for the quarter, compared to the consensus estimate of $95.24 million. During the same period in the prior year, the business posted $0.12 earnings per share. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. equities research analysts anticipate that El Pollo LoCo Holdings Inc will post 0.69 earnings per share for the current fiscal year.

LOCO has been the topic of a number of recent research reports. SunTrust Banks set a $11.00 price objective on El Pollo LoCo and gave the company a “hold” rating in a research report on Thursday, March 8th. Morgan Stanley restated an “equal weight” rating and set a $11.00 price objective (down from $12.00) on shares of El Pollo LoCo in a research report on Monday, March 12th. Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Finally, BidaskClub upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Wednesday, March 14th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. El Pollo LoCo presently has an average rating of “Hold” and a consensus target price of $12.40.

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El Pollo LoCo Company Profile

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. The company specializes in offering flame-grilled chicken. As of March 8, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah.

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Institutional Ownership by Quarter for El Pollo LoCo (NASDAQ:LOCO)

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