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

Emeth Value Capital LLC bought a new position in Arcos Dorados Holdings Inc. (NYSE:ARCO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,537,050 shares of the restaurant operator’s stock, valued at approximately $11,190,000. Arcos Dorados comprises about 9.0% of Emeth Value Capital LLC’s holdings, making the stock its 5th biggest position. Emeth Value Capital LLC owned 0.73% of Arcos Dorados at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of ARCO. Quarry LP grew its stake in shares of Arcos Dorados by 431.0% during the 2nd quarter. Quarry LP now owns 3,239 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 2,629 shares during the period. R Squared Ltd bought a new stake in shares of Arcos Dorados during the 4th quarter valued at about $54,000. Bfsg LLC grew its stake in shares of Arcos Dorados by 13.8% during the 3rd quarter. Bfsg LLC now owns 18,650 shares of the restaurant operator’s stock valued at $163,000 after purchasing an additional 2,255 shares during the period. Navellier & Associates Inc. grew its stake in shares of Arcos Dorados by 26.8% during the 3rd quarter. Navellier & Associates Inc. now owns 20,558 shares of the restaurant operator’s stock valued at $179,000 after purchasing an additional 4,342 shares during the period. Finally, Americana Partners LLC grew its stake in shares of Arcos Dorados by 24.5% during the 3rd quarter. Americana Partners LLC now owns 21,426 shares of the restaurant operator’s stock valued at $187,000 after purchasing an additional 4,222 shares during the period. Hedge funds and other institutional investors own 55.91% of the company’s stock.

Arcos Dorados Trading Up 5.3 %

Arcos Dorados stock opened at $7.82 on Thursday. The business has a 50-day simple moving average of $7.67 and a two-hundred day simple moving average of $8.60. The company has a market cap of $1.65 billion, a P/E ratio of 11.16 and a beta of 1.13. Arcos Dorados Holdings Inc. has a 52-week low of $7.02 and a 52-week high of $13.00. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 1.40.

Arcos Dorados (NYSE:ARCO) last announced its quarterly earnings data on Wednesday, November 13th. The restaurant operator reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $1.13 billion during 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 was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 EPS. Analysts predict that Arcos Dorados Holdings Inc. will post 0.61 EPS for the current year.

Arcos Dorados 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.