Rhumbline Advisers Sells 3,001 Shares of El Pollo Loco Holdings, Inc. $LOCO

Rhumbline Advisers lowered its stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,528 shares of the restaurant operator’s stock after selling 3,001 shares during the period. Rhumbline Advisers owned 0.13% of El Pollo Loco worth $397,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Quantbot Technologies LP increased its stake in shares of El Pollo Loco by 27.3% during the 1st quarter. Quantbot Technologies LP now owns 7,722 shares of the restaurant operator’s stock worth $80,000 after purchasing an additional 1,658 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of El Pollo Loco during the 1st quarter worth approximately $105,000. MetLife Investment Management LLC increased its stake in shares of El Pollo Loco by 9.8% during the 1st quarter. MetLife Investment Management LLC now owns 15,248 shares of the restaurant operator’s stock worth $157,000 after purchasing an additional 1,366 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of El Pollo Loco during the 4th quarter worth approximately $165,000. Finally, Man Group plc purchased a new stake in shares of El Pollo Loco during the 4th quarter worth approximately $170,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.

El Pollo Loco Trading Up 0.8%

Shares of LOCO stock opened at $10.04 on Thursday. The company has a 50 day moving average of $10.41 and a 200-day moving average of $10.23. The company has a quick ratio of 0.33, a current ratio of 0.35 and a debt-to-equity ratio of 0.26. El Pollo Loco Holdings, Inc. has a 12-month low of $8.29 and a 12-month high of $13.93. The firm has a market cap of $301.20 million, a P/E ratio of 11.95 and a beta of 1.08.

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

About El Pollo Loco

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.