Emeth Value Capital LLC Invests $11.19 Million in Arcos Dorados Holdings Inc. (NYSE:ARCO)

Emeth Value Capital LLC acquired a new position in shares of Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,537,050 shares of the restaurant operator's stock, valued at approximately $11,190,000. Arcos Dorados makes up 9.0% of Emeth Value Capital LLC's investment portfolio, making the stock its 5th biggest holding. Emeth Value Capital LLC owned approximately 0.73% of Arcos Dorados as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in Arcos Dorados by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 193,017 shares of the restaurant operator's stock worth $1,737,000 after acquiring an additional 5,917 shares during the last quarter. Squarepoint Ops LLC increased its position in Arcos Dorados by 9.0% during the 2nd quarter. Squarepoint Ops LLC now owns 24,690 shares of the restaurant operator's stock worth $222,000 after purchasing an additional 2,034 shares in the last quarter. Quarry LP increased its position in Arcos Dorados by 431.0% during the 2nd quarter. Quarry LP now owns 3,239 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 2,629 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in Arcos Dorados by 58.3% in the second quarter. Point72 Asset Management L.P. now owns 28,500 shares of the restaurant operator's stock valued at $256,000 after buying an additional 10,500 shares during the period. Finally, Verde Servicos Internacionais S.A. lifted its position in Arcos Dorados by 84.5% during the third quarter. Verde Servicos Internacionais S.A. now owns 142,100 shares of the restaurant operator's stock valued at $1,239,000 after buying an additional 65,100 shares in the last quarter. Institutional investors and hedge funds own 55.91% of the company's stock.

Arcos Dorados Trading Down 1.5 %

Shares of Arcos Dorados stock traded down $0.12 during trading hours on Monday, hitting $7.64. The company's stock had a trading volume of 731,989 shares, compared to its average volume of 1,408,772. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $1.61 billion, a PE ratio of 10.91 and a beta of 1.13. The business has a fifty day moving average of $7.65 and a 200 day moving average of $8.56. Arcos Dorados Holdings Inc. has a 1-year low of $7.02 and a 1-year high of $12.74.

Arcos Dorados (NYSE:ARCO - Get Free Report) last posted its earnings results on Wednesday, November 13th. The restaurant operator reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. Arcos Dorados had a net margin of 3.25% and a return on equity of 29.74%. The business's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 earnings per share. As a group, equities analysts forecast that Arcos Dorados Holdings Inc. will post 0.61 EPS for the current 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.