Monimus Capital Management LP Invests $935,000 in El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Monimus Capital Management LP bought a new position in shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 80,991 shares of the restaurant operator’s stock, valued at approximately $935,000.

A number of other hedge funds have also recently modified their holdings of the company. Point72 DIFC Ltd purchased a new position in El Pollo Loco during the third quarter worth about $27,000. Point72 Asia Singapore Pte. Ltd. lifted 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 purchasing an additional 1,002 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of El Pollo Loco by 22.3% in the 4th quarter. SG Americas Securities LLC now owns 10,713 shares of the restaurant operator’s stock valued at $124,000 after purchasing an additional 1,954 shares during the last quarter. Centiva Capital LP acquired a new position in El Pollo Loco in the 3rd quarter valued at about $153,000. Finally, Olympiad Research LP acquired a new position in El Pollo Loco in the 4th quarter valued at about $130,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.

El Pollo Loco Trading Up 2.0 %

Shares of NASDAQ:LOCO opened at $10.08 on Friday. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.30. El Pollo Loco Holdings, Inc. has a 12-month low of $8.17 and a 12-month high of $14.25. The firm has a fifty day moving average of $11.51 and a two-hundred day moving average of $12.36. The firm has a market capitalization of $300.15 million, a P/E ratio of 12.76 and a beta of 1.50.

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

Wall Street Analyst Weigh In

LOCO has been the topic of several recent analyst reports. Benchmark reiterated a “hold” rating on shares of El Pollo Loco in a research report on Monday, March 10th. StockNews.com raised El Pollo Loco from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Craig Hallum began coverage on El Pollo Loco in a research note on Tuesday. They set a “buy” rating and a $18.00 price target on the stock.

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.