El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its holdings in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 51.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,082 shares of the restaurant operator’s stock after selling 14,644 shares during the period. Victory Capital Management Inc.’s holdings in El Pollo Loco were worth $227,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. grew its stake in shares of El Pollo Loco by 23,081.8% during the first quarter. Meeder Asset Management Inc. now owns 2,550 shares of the restaurant operator’s stock valued at $42,000 after acquiring an additional 2,539 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its stake in shares of El Pollo Loco by 25.0% during the first quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 50,000 shares of the restaurant operator’s stock valued at $806,000 after acquiring an additional 10,000 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of El Pollo Loco during the fourth quarter worth about $1,117,000. JPMorgan Chase & Co. lifted its position in shares of El Pollo Loco by 170.1% during the fourth quarter. JPMorgan Chase & Co. now owns 130,622 shares of the restaurant operator’s stock worth $2,364,000 after purchasing an additional 82,264 shares during the last quarter. Finally, Sapience Investments LLC lifted its position in shares of El Pollo Loco by 3.2% during the fourth quarter. Sapience Investments LLC now owns 334,894 shares of the restaurant operator’s stock worth $6,062,000 after purchasing an additional 10,430 shares during the last quarter.

Shares of NASDAQ LOCO opened at $16.96 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 0.20. The stock has a 50-day simple moving average of $17.05. El Pollo Loco Holdings, Inc. has a 52-week low of $13.70 and a 52-week high of $21.96. The company has a market capitalization of $618.65 million, a PE ratio of 24.23 and a beta of 1.53.

El Pollo Loco (NASDAQ:LOCO) last issued its earnings results on Thursday, May 6th. The restaurant operator reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.01. El Pollo Loco had a net margin of 5.79% and a return on equity of 10.02%. The firm had revenue of $107.72 million for the quarter, compared to analysts’ expectations of $106.16 million. During the same quarter last year, the company posted $0.16 earnings per share. El Pollo Loco’s revenue was up 2.4% on a year-over-year basis. On average, research analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.

Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of El Pollo Loco from a “sell” rating to a “hold” rating in a research report on Tuesday, May 11th. TheStreet cut shares of El Pollo Loco from a “b-” rating to a “c+” rating in a research report on Monday, March 29th.

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. As of March 11, 2021, the company operated approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

Read More: Why do analysts give a neutral rating?

Want to see what other hedge funds are holding LOCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for El Pollo Loco Holdings, Inc. (NASDAQ:LOCO).

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

Receive News & Ratings for El Pollo Loco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco and related companies with MarketBeat.com's FREE daily email newsletter.