Sanctuary Advisors LLC Makes New $90,000 Investment in Arcos Dorados Holdings Inc. (NYSE:ARCO)

Sanctuary Advisors LLC bought a new position in Arcos Dorados Holdings Inc. (NYSE:ARCO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,434 shares of the restaurant operator’s stock, valued at approximately $90,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Private Management Group Inc. increased its holdings in Arcos Dorados by 34.7% in the 4th quarter. Private Management Group Inc. now owns 3,167,857 shares of the restaurant operator’s stock worth $23,062,000 after purchasing an additional 815,198 shares in the last quarter. Perpetual Ltd increased its stake in shares of Arcos Dorados by 7.9% in the fourth quarter. Perpetual Ltd now owns 1,766,014 shares of the restaurant operator’s stock valued at $12,857,000 after buying an additional 129,544 shares during the period. Emeth Value Capital LLC acquired a new stake in shares of Arcos Dorados in the fourth quarter valued at about $11,190,000. Franklin Resources Inc. acquired a new stake in shares of Arcos Dorados in the third quarter valued at about $12,101,000. Finally, Van ECK Associates Corp increased its stake in shares of Arcos Dorados by 6.3% in the third quarter. Van ECK Associates Corp now owns 876,300 shares of the restaurant operator’s stock valued at $7,852,000 after buying an additional 52,289 shares during the period. Institutional investors and hedge funds own 55.91% of the company’s stock.

Arcos Dorados Trading Up 2.4 %

Shares of ARCO stock opened at $7.90 on Friday. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 11.28 and a beta of 1.13. The stock has a 50-day moving average of $7.72 and a 200-day moving average of $8.32. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 1.40. Arcos Dorados Holdings Inc. has a 1-year low of $7.02 and a 1-year high of $11.96.

About Arcos Dorados

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.