Charles Schwab Investment Management Inc. Trims Stake in El Pollo Loco Holdings, Inc. $LOCO

Charles Schwab Investment Management Inc. cut its stake in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 196,108 shares of the restaurant operator’s stock after selling 2,159 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.65% of El Pollo Loco worth $2,020,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of El Pollo Loco by 4.1% in the 4th quarter. Stifel Financial Corp now owns 61,201 shares of the restaurant operator’s stock valued at $706,000 after purchasing an additional 2,416 shares during the period. GAMMA Investing LLC raised its position in shares of El Pollo Loco by 4,840.7% in the first quarter. GAMMA Investing LLC now owns 2,668 shares of the restaurant operator’s stock worth $259,000 after acquiring an additional 2,614 shares during the period. Wells Fargo & Company MN raised its position in shares of El Pollo Loco by 16.9% in the fourth quarter. Wells Fargo & Company MN now owns 22,508 shares of the restaurant operator’s stock worth $260,000 after acquiring an additional 3,262 shares during the period. Barclays PLC boosted its stake in shares of El Pollo Loco by 8.2% during the 4th quarter. Barclays PLC now owns 71,265 shares of the restaurant operator’s stock worth $822,000 after acquiring an additional 5,420 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of El Pollo Loco by 6.8% during the 4th quarter. Deutsche Bank AG now owns 121,943 shares of the restaurant operator’s stock valued at $1,407,000 after acquiring an additional 7,817 shares during the period. Institutional investors and hedge funds own 81.28% of the company’s stock.

El Pollo Loco Stock Performance

NASDAQ LOCO opened at $10.63 on Monday. The stock has a market capitalization of $318.90 million, a price-to-earnings ratio of 12.65 and a beta of 1.08. The stock has a 50-day moving average of $10.72 and a 200 day moving average of $10.37. The company has a current ratio of 0.35, a quick ratio of 0.33 and a debt-to-equity ratio of 0.26. El Pollo Loco Holdings, Inc. has a twelve month low of $8.29 and a twelve month high of $14.10.

El Pollo Loco (NASDAQ:LOCO) last announced its earnings results on Thursday, July 31st. The restaurant operator reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.03. El Pollo Loco had a return on equity of 9.83% and a net margin of 5.15%.The business had revenue of $125.83 million during the quarter, compared to the consensus estimate of $124.24 million. During the same period in the prior year, the company posted $0.26 EPS. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Sell-side analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current fiscal year.

El Pollo Loco 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.