Samuel N. Borgese Sells 4,643 Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Stock

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese sold 4,643 shares of El Pollo Loco stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $9.30, for a total transaction of $43,179.90. Following the sale, the director now owns 34,222 shares in the company, valued at approximately $318,264.60. This represents a 11.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

El Pollo Loco Trading Down 0.2 %

El Pollo Loco stock traded down $0.02 during mid-day trading on Monday, hitting $9.28. 486,094 shares of the stock were exchanged, compared to its average volume of 269,281. The stock has a market capitalization of $276.33 million, a price-to-earnings ratio of 11.75 and a beta of 1.35. El Pollo Loco Holdings, Inc. has a 12 month low of $8.17 and a 12 month high of $14.25. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30. The firm’s fifty day simple moving average is $11.19 and its two-hundred day simple moving average is $12.01.

El Pollo Loco (NASDAQ:LOCO) last announced its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share for the quarter, topping 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 business had revenue of $114.28 million during the quarter, compared to the consensus estimate of $113.19 million. Analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LOCO shares. Craig Hallum began coverage on shares of El Pollo Loco in a research note on Tuesday, March 11th. They set a “buy” rating and a $18.00 price target for the company. StockNews.com downgraded El Pollo Loco from a “buy” rating to a “hold” rating in a report on Tuesday, April 1st. Finally, Benchmark reaffirmed a “hold” rating on shares of El Pollo Loco in a report on Monday, March 10th.

Institutional Investors Weigh In On El Pollo Loco

Several institutional investors and hedge funds have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. lifted its stake in El Pollo Loco by 91.8% in 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. Centiva Capital LP bought a new stake in shares of El Pollo Loco in the 3rd quarter valued at $153,000. Point72 DIFC Ltd acquired a new position in shares of El Pollo Loco during the 3rd quarter valued at $27,000. State Street Corp boosted its stake in El Pollo Loco by 2.5% during the third quarter. State Street Corp now owns 593,425 shares of the restaurant operator’s stock worth $8,130,000 after acquiring an additional 14,692 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in El Pollo Loco by 99.2% in the third quarter. Jane Street Group LLC now owns 60,541 shares of the restaurant operator’s stock worth $829,000 after purchasing an additional 30,143 shares during the period. Institutional investors own 81.28% of the company’s stock.

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. 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.