Hunter Perkins Capital Management LLC Makes New $291,000 Investment in Arcos Dorados Holdings Inc. (NYSE:ARCO)

Hunter Perkins Capital Management LLC purchased a new stake in shares of Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 40,000 shares of the restaurant operator's stock, valued at approximately $291,000.

Other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new position in shares of Arcos Dorados in the third quarter valued at about $12,101,000. Managed Asset Portfolios LLC purchased a new position in Arcos Dorados in the 3rd quarter worth approximately $7,389,000. Marshall Wace LLP purchased a new position in shares of Arcos Dorados in the second quarter worth $7,128,000. Fiera Capital Corp purchased a new position in shares of Arcos Dorados in the third quarter worth $3,743,000. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Arcos Dorados in the fourth quarter worth $2,051,000. Hedge funds and other institutional investors own 55.91% of the company's stock.

Arcos Dorados Price Performance

Shares of ARCO stock traded up $0.13 during mid-day trading on Monday, hitting $7.46. The company had a trading volume of 3,065,151 shares, compared to its average volume of 1,458,584. The stock's 50 day moving average price is $7.70 and its 200-day moving average price is $8.62. Arcos Dorados Holdings Inc. has a 52-week low of $7.02 and a 52-week high of $13.00. The company has a market capitalization of $1.57 billion, a P/E ratio of 10.65 and a beta of 1.13. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.63 and a quick ratio of 0.57.

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 company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Arcos Dorados had a return on equity of 29.74% and a net margin of 3.25%. The firm's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the business earned $0.30 earnings per share. Equities research analysts forecast that Arcos Dorados Holdings Inc. will post 0.61 earnings per share 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.