Bfsg LLC Buys 4,230 Shares of Arcos Dorados Holdings Inc. (NYSE:ARCO)

Bfsg LLC lifted its stake in Arcos Dorados Holdings Inc. (NYSE:ARCO) by 22.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 22,880 shares of the restaurant operator’s stock after purchasing an additional 4,230 shares during the period. Bfsg LLC’s holdings in Arcos Dorados were worth $167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new stake in shares of Arcos Dorados in the fourth quarter worth approximately $90,000. Catalyst Capital Advisors LLC boosted its holdings in shares of Arcos Dorados by 81.7% in the fourth quarter. Catalyst Capital Advisors LLC now owns 145,340 shares of the restaurant operator’s stock worth $1,058,000 after buying an additional 65,340 shares during the last quarter. Aubrey Capital Management Ltd boosted its holdings in shares of Arcos Dorados by 48.9% in the fourth quarter. Aubrey Capital Management Ltd now owns 42,690 shares of the restaurant operator’s stock worth $310,000 after buying an additional 14,014 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of Arcos Dorados by 8.9% in the fourth quarter. Bleakley Financial Group LLC now owns 194,707 shares of the restaurant operator’s stock worth $1,417,000 after buying an additional 15,951 shares during the last quarter. Finally, Private Management Group Inc. boosted its holdings in shares of Arcos Dorados by 34.7% in the fourth quarter. Private Management Group Inc. now owns 3,167,857 shares of the restaurant operator’s stock worth $23,062,000 after buying an additional 815,198 shares during the last quarter. 55.91% of the stock is currently owned by institutional investors.

Arcos Dorados Stock Performance

ARCO opened at $8.33 on Wednesday. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 1.40. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 11.89 and a beta of 1.13. The company’s 50 day moving average is $7.63 and its 200 day moving average is $8.44. Arcos Dorados Holdings Inc. has a 12-month low of $7.02 and a 12-month high of $12.13.

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.