11,242 Shares in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Acquired by Olympiad Research LP

Olympiad Research LP bought a new stake in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,242 shares of the restaurant operator’s stock, valued at approximately $130,000.

Several other institutional investors have also added to or reduced their stakes in LOCO. Biglari Sardar lifted its holdings in shares of El Pollo Loco by 307.7% during the third quarter. Biglari Sardar now owns 489,247 shares of the restaurant operator’s stock valued at $6,703,000 after purchasing an additional 369,247 shares in the last quarter. Franklin Resources Inc. lifted its stake in El Pollo Loco by 372.6% during the 3rd quarter. Franklin Resources Inc. now owns 70,409 shares of the restaurant operator’s stock valued at $951,000 after acquiring an additional 55,510 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of El Pollo Loco by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 411,298 shares of the restaurant operator’s stock valued at $5,635,000 after acquiring an additional 75,542 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of El Pollo Loco by 89.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 84,247 shares of the restaurant operator’s stock worth $972,000 after acquiring an additional 39,824 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of El Pollo Loco during the third quarter valued at approximately $1,056,000. 81.28% of the stock is currently owned by hedge funds and other institutional investors.

El Pollo Loco Stock Down 4.3 %

El Pollo Loco stock opened at $11.83 on Monday. The stock has a market cap of $354.18 million, a PE ratio of 14.97 and a beta of 1.46. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31. The stock has a fifty day moving average of $11.81 and a 200 day moving average of $12.59. El Pollo Loco Holdings, Inc. has a one year low of $8.17 and a one year high of $14.25.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of El Pollo Loco from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd.

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. 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.