1 day Ago By ABMN Staff
Quantbot Technologies LP bought a new position in shares of El Pollo Loco Holdings, Inc. ( NASDAQ:LOCO – Free Report ) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,064 shares of the restaurant operator’s stock, valued at approximately $70,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LOCO. Point72 DIFC Ltd purchased a new stake in El Pollo Loco in the 3rd quarter worth approximately $27,000. Point72 Asia Singapore Pte.
Ltd. grew its position in El Pollo Loco by 91.8% during the third 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 during the period.
SG Americas Securities LLC increased its holdings in 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 in the last quarter.
Centiva Capital LP acquired a new position in shares of El Pollo Loco in the third quarter worth about $153,000. Finally, Olympiad Research LP acquired a new position in shares of El Pollo Loco in the fourth quarter worth about $130,000. 81.
28% of the stock is currently owned by institutional investors and hedge funds. El Pollo Loco Stock Up 1.2 % LOCO stock opened at $10.
42 on Wednesday. El Pollo Loco Holdings, Inc. has a 52 week low of $8.
17 and a 52 week high of $14.25. The company has a quick ratio of 0.
29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30.
The firm has a 50-day simple moving average of $11.29 and a 200-day simple moving average of $12.09.
The stock has a market capitalization of $310.28 million, a P/E ratio of 13.19 and a beta of 1.
50. Wall Street Analysts Forecast Growth Several brokerages recently weighed in on LOCO. Benchmark restated a “hold” rating on shares of El Pollo Loco in a research note on Monday, March 10th.
StockNews.com cut El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Craig Hallum started coverage on El Pollo Loco in a research report on Tuesday, March 11th.
They set a “buy” rating and a $18.00 target price on the stock. Read Our Latest Report on LOCO El Pollo Loco Company Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding LOCO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for El Pollo Loco Holdings, Inc. ( NASDAQ:LOCO – Free Report ). Receive News & Ratings for El Pollo Loco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco and related companies with MarketBeat.
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