El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Get Rating)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.56 and traded as high as $10.79. El Pollo Loco shares last traded at $10.69, with a volume of 82,019 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on El Pollo Loco in a report on Wednesday, October 12th. They set a "hold" rating on the stock.
Get El Pollo Loco alerts:El Pollo Loco Trading Down 1.8 %
The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.54 and a current ratio of 0.57. The business has a fifty day simple moving average of $10.56 and a 200 day simple moving average of $9.92. The company has a market cap of $396.05 million, a P/E ratio of 18.75 and a beta of 1.31.
El Pollo Loco Announces Dividend
The business also recently declared a dividend, which was paid on Wednesday, November 9th. Stockholders of record on Monday, October 24th were given a dividend of $1.50 per share. This represents a dividend yield of 13.95%. The ex-dividend date of this dividend was Friday, October 21st.Institutional Trading of El Pollo Loco
Institutional investors and hedge funds have recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D acquired a new stake in El Pollo Loco in the 3rd quarter valued at approximately $2,291,000. Assenagon Asset Management S.A. increased its position in El Pollo Loco by 274.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 233,873 shares of the restaurant operator's stock valued at $2,301,000 after acquiring an additional 171,449 shares during the period. Arrowstreet Capital Limited Partnership increased its position in El Pollo Loco by 1,098.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 151,103 shares of the restaurant operator's stock valued at $1,756,000 after acquiring an additional 138,490 shares during the period. William Blair Investment Management LLC increased its position in El Pollo Loco by 7.9% in the 1st quarter. William Blair Investment Management LLC now owns 1,660,607 shares of the restaurant operator's stock valued at $19,296,000 after acquiring an additional 121,752 shares during the period. Finally, Renaissance Technologies LLC increased its position in El Pollo Loco by 29.0% in the 2nd quarter. Renaissance Technologies LLC now owns 443,100 shares of the restaurant operator's stock valued at $4,360,000 after acquiring an additional 99,700 shares during the period. 44.10% of the stock is currently owned by institutional investors and hedge funds.
El Pollo Loco Company Profile
(Get Rating)
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. As of May 04, 2022, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana.
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