Rodgers Brothers Inc. Has $2.48 Million Stock Position in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Rodgers Brothers Inc. grew its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 1.9% in the fourth quarter, HoldingsChannel reports. The fund owned 214,550 shares of the restaurant operator’s stock after buying an additional 4,000 shares during the period. Rodgers Brothers Inc.’s holdings in El Pollo Loco were worth $2,476,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of LOCO. Point72 Asia Singapore Pte. Ltd. boosted its holdings in El Pollo Loco by 91.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 1,002 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of El Pollo Loco by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 198,267 shares of the restaurant operator’s stock valued at $2,288,000 after buying an additional 1,450 shares during the period. SG Americas Securities LLC boosted its stake in shares of El Pollo Loco by 22.3% in the fourth quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator’s stock valued at $124,000 after buying an additional 1,954 shares during the period. Point72 DIFC Ltd acquired a new stake in El Pollo Loco during the third quarter worth approximately $27,000. Finally, American Century Companies Inc. increased its stake in El Pollo Loco by 11.7% during the 4th quarter. American Century Companies Inc. now owns 47,307 shares of the restaurant operator’s stock worth $546,000 after acquiring an additional 4,949 shares during the period. 81.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on LOCO shares. Craig Hallum assumed coverage on El Pollo Loco in a report on Tuesday, March 11th. They set a “buy” rating and a $18.00 target price on the stock. Benchmark reiterated a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th. Finally, StockNews.com raised shares of El Pollo Loco from a “hold” rating to a “buy” rating in a report on Tuesday, March 11th.

El Pollo Loco Trading Down 2.6 %

Shares of LOCO stock opened at $10.51 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. El Pollo Loco Holdings, Inc. has a fifty-two week low of $8.17 and a fifty-two week high of $14.25. The company has a market cap of $312.96 million, a PE ratio of 13.30 and a beta of 1.50. The stock’s fifty day moving average price is $11.33 and its two-hundred day moving average price is $12.13.

El Pollo Loco (NASDAQ:LOCO) last released its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. The firm had revenue of $114.28 million for the quarter, compared to analysts’ expectations of $113.19 million. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. Equities analysts predict 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.