Hotchkis & Wiley Capital Management LLC Sells 61,200 Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Hotchkis & Wiley Capital Management LLC lessened its holdings in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 583,850 shares of the restaurant operator’s stock after selling 61,200 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.95% of El Pollo Loco worth $7,999,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Centiva Capital LP bought a new position in El Pollo Loco in the 3rd quarter valued at $153,000. Biglari Sardar grew its position in El Pollo Loco by 307.7% in the 3rd quarter. Biglari Sardar now owns 489,247 shares of the restaurant operator’s stock valued at $6,703,000 after acquiring an additional 369,247 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. grew its position in shares of El Pollo Loco by 91.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock worth $29,000 after buying an additional 1,002 shares in the last quarter. Empowered Funds LLC grew its position in shares of El Pollo Loco by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 167,003 shares of the restaurant operator’s stock worth $2,288,000 after buying an additional 8,442 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of El Pollo Loco during the 3rd quarter worth $1,056,000. Institutional investors own 81.28% of the company’s stock.

El Pollo Loco Price Performance

LOCO opened at $12.55 on Thursday. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $375.73 million, a price-to-earnings ratio of 15.89 and a beta of 1.45. El Pollo Loco Holdings, Inc. has a 12-month low of $8.17 and a 12-month high of $14.25. The business’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $12.24.

El Pollo Loco (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $120.40 million during the quarter, compared to analysts’ expectations of $121.03 million. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 EPS. On average, equities research analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised El Pollo Loco from a “hold” rating to a “buy” rating in a research report on Friday, November 8th.

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.