El Pollo Loco (NASDAQ:LOCO – Get Rating) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report released on Tuesday.
El Pollo Loco Trading Down 0.3 %
NASDAQ:LOCO opened at $12.69 on Tuesday. The business’s 50-day moving average is $10.87 and its two-hundred day moving average is $10.17. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.57 and a quick ratio of 0.54. El Pollo Loco has a 12 month low of $8.15 and a 12 month high of $13.97. The firm has a market capitalization of $470.16 million, a PE ratio of 22.26 and a beta of 1.37.
Institutional Trading of El Pollo Loco
Several large investors have recently modified their holdings of LOCO. Captrust Financial Advisors grew its stake in shares of El Pollo Loco by 73.1% during the first quarter. Captrust Financial Advisors now owns 2,755 shares of the restaurant operator’s stock valued at $32,000 after acquiring an additional 1,163 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of El Pollo Loco by 120.0% during the second quarter. Quantbot Technologies LP now owns 3,300 shares of the restaurant operator’s stock valued at $32,000 after acquiring an additional 1,800 shares in the last quarter. Lazard Asset Management LLC grew its stake in shares of El Pollo Loco by 86.2% during the third quarter. Lazard Asset Management LLC now owns 4,105 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 1,900 shares in the last quarter. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of El Pollo Loco during the third quarter valued at about $50,000. Finally, UBS Group AG grew its stake in shares of El Pollo Loco by 370.8% during the third quarter. UBS Group AG now owns 6,544 shares of the restaurant operator’s stock valued at $59,000 after acquiring an additional 5,154 shares in the last quarter. 59.78% of the stock is currently owned by institutional investors and hedge funds.
About El Pollo Loco
El Pollo Loco Holdings, Inc engages in the development, franchising, licensing, and operation of quick-service restaurants under the name El Pollo Loco. It specializes in fire-grilling fresh citrus-marinated chicken with variety of offerings which include Chicken Avocado Burrito, Pollo Fit entrees, chicken tostada salads, and Pollo Bowls.