Capstone Financial Advisors Inc. Has $242,000 Stock Position in Portillo’s Inc. (NASDAQ:PTLO)

Capstone Financial Advisors Inc. reduced its stake in Portillo’s Inc. (NASDAQ:PTLO) by 18.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 25,725 shares of the company’s stock after selling 5,739 shares during the period. Capstone Financial Advisors Inc.’s holdings in Portillo’s were worth $242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northern Trust Corp lifted its stake in shares of Portillo’s by 6.9% in the fourth quarter. Northern Trust Corp now owns 502,461 shares of the company’s stock worth $4,723,000 after acquiring an additional 32,623 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Portillo’s by 17.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,622 shares of the company’s stock worth $194,000 after purchasing an additional 3,098 shares in the last quarter. Soros Capital Management LLC increased its holdings in Portillo’s by 49.8% in the fourth quarter. Soros Capital Management LLC now owns 73,451 shares of the company’s stock worth $690,000 after purchasing an additional 24,431 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Portillo’s by 163.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 15,016 shares of the company’s stock worth $141,000 after purchasing an additional 9,310 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Portillo’s by 14.7% in the fourth quarter. MetLife Investment Management LLC now owns 36,548 shares of the company’s stock worth $344,000 after purchasing an additional 4,674 shares in the last quarter. 98.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PTLO. Stifel Nicolaus lifted their target price on Portillo’s from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, February 28th. Morgan Stanley set a $12.00 target price on Portillo’s in a report on Monday, April 14th. Robert W. Baird reiterated a “neutral” rating and issued a $12.00 target price (down from $15.00) on shares of Portillo’s in a report on Monday, April 7th. Baird R W downgraded Portillo’s from a “strong-buy” rating to a “hold” rating in a report on Monday, April 7th. Finally, UBS Group decreased their price objective on Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.71.

Portillo’s Trading Up 1.0 %

NASDAQ PTLO opened at $10.73 on Monday. The company has a market cap of $800.49 million, a price-to-earnings ratio of 25.55, a P/E/G ratio of 14.77 and a beta of 1.82. Portillo’s Inc. has a 52 week low of $8.38 and a 52 week high of $15.78. The business has a 50 day moving average price of $12.46 and a 200-day moving average price of $12.00. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 0.58.

Portillo’s (NASDAQ:PTLO) last announced its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.15. The company had revenue of $184.61 million for the quarter, compared to analysts’ expectations of $185.16 million. Portillo’s had a return on equity of 5.62% and a net margin of 3.65%. Portillo’s’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. As a group, equities analysts expect that Portillo’s Inc. will post 0.35 earnings per share for the current fiscal year.

Portillo’s Profile

Portillo’s Inc owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shake. It offers its products through its website, application, and certain third-party platforms.