El Pollo LoCo Holdings Inc (LOCO) : Mizuho Securities Usa has sold out all of its stake in El Pollo LoCo Holdings Inc during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 13,500 shares of El Pollo LoCo Holdings Inc which is valued at $196,965.
El Pollo LoCo Holdings Inc closed down -1.2 points or -8.05% at $13.71 with 12,64,724 shares getting traded on Wednesday. Post opening the session at $14.25, the shares hit an intraday low of $13.15 and an intraday high of $14.485 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Advisory Services Network added LOCO to its portfolio by purchasing 140 company shares during the most recent quarter which is valued at $2,043.Next Financial Group Inc reduced its stake in LOCO by selling 3,150 shares or 75.9% in the most recent quarter. The Hedge Fund company now holds 1,000 shares of LOCO which is valued at $14,590. El Pollo LoCo Holdings Inc makes up approx 0.01% of Next Financial Group Inc’s portfolio.Creative Planning reduced its stake in LOCO by selling 1,800 shares or 35.29% in the most recent quarter. The Hedge Fund company now holds 3,300 shares of LOCO which is valued at $43,527.
On the company’s financial health, El Pollo LoCo Holdings Inc reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Mar 10, 2016. Analyst had a consensus of $0.13. The company had revenue of $86.30 million for the quarter, compared to analysts expectations of $87.71 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.14 EPS.
Many Wall Street Analysts have commented on El Pollo LoCo Holdings Inc. El Pollo LoCo Holdings Inc was Downgraded by Sun Trust Rbsn Humphrey to ” Neutral” on Apr 27, 2016.
El Pollo Loco Holdings Inc. is a restaurant concept that specializes in fire-grilling citrus-marinated chicken. The Company’s activities are conducted principally through its indirect subsidiary El Pollo Loco Inc. (EPL) which develops franchises licenses and operates quick-service restaurants under the name El Pollo Loco. The restaurants are located in California Arizona Nevada Texas and Utah. The Company offers flame-grilled chicken in a range of contemporary Mexican-influenced entrees including specialty chicken burritos chicken quesadillas chicken tortilla soup Pollo Bowls and Pollo Salads. As of December 31 2014 the Company operated 172 (134 in the greater Los Angeles area) and franchised 243 (137 in the greater Los Angeles area) El Pollo Loco restaurants.