Samuel N. Borgese Sells 1,000 Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Stock

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Director Samuel N. Borgese sold 1,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $10.19, for a total transaction of $10,190.00. Following the sale, the director now directly owns 33,222 shares of the company’s stock, valued at $338,532.18. This represents a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

El Pollo Loco Stock Down 0.2 %

Shares of El Pollo Loco stock opened at $9.28 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.31 and a quick ratio of 0.29. The stock has a market cap of $276.33 million, a price-to-earnings ratio of 11.75 and a beta of 1.35. The firm’s 50-day moving average is $11.14 and its two-hundred day moving average is $11.98. El Pollo Loco Holdings, Inc. has a 1 year low of $8.17 and a 1 year high of $14.25.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.06. The company had revenue of $114.28 million for the quarter, compared to analyst estimates of $113.19 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. As a group, research analysts expect that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LOCO. StockNews.com cut shares of El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Tuesday, April 1st. Benchmark reissued a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th. Finally, Craig Hallum initiated coverage on El Pollo Loco in a research report on Tuesday, March 11th. They set a “buy” rating and a $18.00 target price for the company.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new stake in El Pollo Loco during the third quarter valued at about $27,000. Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of 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 buying an additional 1,002 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of El Pollo Loco in the 4th quarter worth approximately $70,000. Quarry LP raised its stake in shares of El Pollo Loco by 235.6% during the 4th quarter. Quarry LP now owns 7,389 shares of the restaurant operator’s stock worth $85,000 after acquiring an additional 5,187 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in El Pollo Loco during the fourth quarter valued at approximately $107,000. 81.28% of the stock is owned by institutional investors.

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.