Arcos Dorados Holdings Inc. (NYSE:ARCO) Shares Sold by American Capital Advisory LLC

American Capital Advisory LLC lowered its holdings in shares of Arcos Dorados Holdings Inc. (NYSE:ARCO) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 233,926 shares of the restaurant operator’s stock after selling 6,490 shares during the quarter. Arcos Dorados makes up 0.9% of American Capital Advisory LLC’s holdings, making the stock its 23rd largest position. American Capital Advisory LLC’s holdings in Arcos Dorados were worth $1,703,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Spire Wealth Management raised its position in shares of Arcos Dorados by 27.2% during the 4th quarter. Spire Wealth Management now owns 7,210 shares of the restaurant operator’s stock worth $52,000 after purchasing an additional 1,540 shares during the last quarter. R Squared Ltd acquired a new position in shares of Arcos Dorados during the fourth quarter valued at approximately $54,000. Quarry LP lifted its position in shares of Arcos Dorados by 273.6% in the third quarter. Quarry LP now owns 12,102 shares of the restaurant operator’s stock valued at $106,000 after acquiring an additional 8,863 shares in the last quarter. Bfsg LLC boosted its stake in shares of Arcos Dorados by 13.8% in the third quarter. Bfsg LLC now owns 18,650 shares of the restaurant operator’s stock worth $163,000 after acquiring an additional 2,255 shares during the last quarter. Finally, Navellier & Associates Inc. increased its position in shares of Arcos Dorados by 26.8% during the third quarter. Navellier & Associates Inc. now owns 20,558 shares of the restaurant operator’s stock worth $179,000 after purchasing an additional 4,342 shares in the last quarter. 55.91% of the stock is owned by institutional investors and hedge funds.

Arcos Dorados Trading Down 0.5 %

Shares of ARCO stock opened at $7.90 on Friday. Arcos Dorados Holdings Inc. has a fifty-two week low of $7.02 and a fifty-two week high of $12.16. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.57 and a current ratio of 0.63. The stock’s fifty day moving average is $7.61 and its two-hundred day moving average is $8.52. The firm has a market capitalization of $1.66 billion, a P/E ratio of 11.29 and a beta of 1.13.

Arcos Dorados (NYSE:ARCO) last posted its quarterly earnings results on Wednesday, November 13th. The restaurant operator reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. Arcos Dorados had a return on equity of 29.74% and a net margin of 3.25%. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter last year, the firm earned $0.30 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. Research analysts expect that Arcos Dorados Holdings Inc. will post 0.61 earnings per share for the current fiscal year.

Arcos Dorados Company Profile

Arcos Dorados Holdings Inc operates as a franchisee of McDonald’s restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S.