Dimensional Fund Advisors LP boosted its stake in El Pollo LoCo Holdings Inc (NASDAQ:LOCO) by 23.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,709,494 shares of the restaurant operator’s stock after buying an additional 321,168 shares during the quarter. Dimensional Fund Advisors LP’s holdings in El Pollo LoCo were worth $19,488,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aperio Group LLC purchased a new stake in shares of El Pollo LoCo during the 2nd quarter valued at about $133,000. Royce & Associates LP raised its position in shares of El Pollo LoCo by 63.7% during the 2nd quarter. Royce & Associates LP now owns 751,958 shares of the restaurant operator’s stock valued at $8,572,000 after buying an additional 292,700 shares in the last quarter. KBC Group NV raised its position in shares of El Pollo LoCo by 49.1% during the 2nd quarter. KBC Group NV now owns 76,463 shares of the restaurant operator’s stock valued at $872,000 after buying an additional 25,169 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of El Pollo LoCo during the 2nd quarter valued at about $124,000. Finally, Trexquant Investment LP purchased a new stake in shares of El Pollo LoCo during the 2nd quarter valued at about $121,000. Hedge funds and other institutional investors own 84.43% of the company’s stock.

Several analysts have recently issued reports on the stock. BidaskClub upgraded shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Saturday, October 6th. Guggenheim upped their target price on shares of El Pollo LoCo from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, October 3rd. ValuEngine upgraded shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. TheStreet upgraded shares of El Pollo LoCo from a “c” rating to a “b-” rating in a report on Friday, August 3rd. Finally, Zacks Investment Research upgraded shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a report on Tuesday, July 17th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $13.00.

Shares of NASDAQ:LOCO opened at $12.48 on Friday. The stock has a market cap of $484.54 million, a P/E ratio of 19.65, a PEG ratio of 1.18 and a beta of 0.36. El Pollo LoCo Holdings Inc has a 12 month low of $9.05 and a 12 month high of $14.40. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.47 and a current ratio of 0.51.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, August 2nd. The restaurant operator reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $111.60 million for the quarter, compared to the consensus estimate of $111.70 million. El Pollo LoCo had a net margin of 0.85% and a return on equity of 9.33%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 EPS. On average, equities analysts forecast that El Pollo LoCo Holdings Inc will post 0.71 EPS for the current 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. The company specializes in offering flame-grilled chicken. As of August 20, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

See Also: Asset Allocation and Your Retirement

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).

Institutional Ownership by Quarter for El Pollo LoCo (NASDAQ:LOCO)

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.com's FREE daily email newsletter.