Stifel Financial Corp Holds Position in Arcos Dorados Holdings Inc. (ARCO)

Stifel Financial Corp maintained its position in Arcos Dorados Holdings Inc. (NYSE:ARCO) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,435 shares of the restaurant operator’s stock at the close of the 2nd quarter. Stifel Financial Corp’s holdings in Arcos Dorados Holdings were worth $569,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in ARCO. Stevens Capital Management LP acquired a new position in Arcos Dorados Holdings during the second quarter valued at approximately $107,000. Wells Fargo & Company MN lifted its position in Arcos Dorados Holdings by 2.4% during the second quarter. Wells Fargo & Company MN now owns 24,201 shares of the restaurant operator’s stock valued at $180,000 after buying an additional 570 shares in the last quarter. Paloma Partners Management Co acquired a new position in Arcos Dorados Holdings during the first quarter valued at approximately $261,000. KCG Holdings Inc. lifted its position in Arcos Dorados Holdings by 27.7% during the first quarter. KCG Holdings Inc. now owns 32,895 shares of the restaurant operator’s stock valued at $265,000 after buying an additional 7,134 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in Arcos Dorados Holdings during the second quarter valued at approximately $265,000. Hedge funds and other institutional investors own 37.07% of the company’s stock.

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Arcos Dorados Holdings Inc. (NYSE:ARCO) opened at 10.10 on Monday. The firm has a market capitalization of $2.13 billion, a PE ratio of 38.85 and a beta of 2.15. The firm’s 50-day moving average is $9.89 and its 200-day moving average is $8.85. Arcos Dorados Holdings Inc. has a 12 month low of $5.20 and a 12 month high of $10.80.

Arcos Dorados Holdings (NYSE:ARCO) last released its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.12). Arcos Dorados Holdings had a return on equity of 14.68% and a net margin of 1.76%. The firm had revenue of $798.70 million during the quarter. On average, equities research analysts expect that Arcos Dorados Holdings Inc. will post $0.39 EPS for the current year.

A number of research analysts have weighed in on the stock. BidaskClub raised shares of Arcos Dorados Holdings from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 14th. Citigroup Inc. raised shares of Arcos Dorados Holdings from a “neutral” rating to a “buy” rating and lifted their price target for the company from $10.10 to $10.60 in a research report on Monday, August 28th. ValuEngine cut shares of Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, Zacks Investment Research cut shares of Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Arcos Dorados Holdings currently has an average rating of “Buy” and a consensus target price of $10.30.

Arcos Dorados Holdings Company Profile

Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.

Institutional Ownership by Quarter for Arcos Dorados Holdings (NYSE:ARCO)

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