<div id="readability-page-1"><p>TimesSquare Capital Management LLC lowered its position in shares of  Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) by 20.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 873,702 shares of the restaurant operator's stock after selling 223,538 shares during the quarter. TimesSquare Capital Management LLC owned 0.41% of Arcos Dorados worth $6,894,000 as of its most recent SEC filing.</p><ul><li>Arcos Dorados: McDonald’s, But Cheaper With Better Growth</li></ul><p>A number of other institutional investors have also recently bought and sold shares of the business. Itau Unibanco Holding S.A. acquired a new stake in shares of  Arcos Dorados during the 1st quarter valued at about $73,000.  R Squared Ltd increased its position in  Arcos Dorados by 60.3% in the 1st quarter. R Squared Ltd now owns 11,800 shares of the restaurant operator's stock worth $95,000 after buying an additional 4,440 shares during the period.  Mraz Amerine &amp; Associates Inc. bought a new stake in  Arcos Dorados in the 2nd quarter valued at $120,000.  HighTower Advisors LLC grew its position in  Arcos Dorados by 36.2% during the first quarter. HighTower Advisors LLC now owns 22,543 shares of the restaurant operator's stock worth $182,000 after buying an additional 5,987 shares in the last quarter.  Finally, Navellier &amp; Associates Inc. raised its stake in shares of  Arcos Dorados by 23.6% in the first quarter. Navellier &amp; Associates Inc. now owns 27,500 shares of the restaurant operator's stock valued at $214,000 after purchasing an additional 5,242 shares in the last quarter. 55.91% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Arcos Dorados</strong> alerts:</span></p></div><h2>Arcos Dorados Stock Up 5.2%</h2><p>Shares of NYSE ARCO opened at $7.58 on Thursday. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 12.04, a PEG ratio of 3.46 and a beta of 0.60. Arcos Dorados Holdings Inc. has a 12 month low of $6.51 and a 12 month high of $8.88. The company has a current ratio of 0.80, a quick ratio of 0.73 and a debt-to-equity ratio of 1.62. The stock has a 50-day moving average price of $6.99 and a two-hundred day moving average price of $7.26. </p><ul><li>McDonald’s bottoms, plus more good news for fast food stocks</li></ul><p>Arcos Dorados (NYSE:ARCO - Get Free Report) last posted its quarterly earnings data on Wednesday, November 12th. The restaurant operator reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.54. The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.28 billion. Arcos Dorados had a net margin of 2.89% and a return on equity of 24.54%. Arcos Dorados's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.17 earnings per share.  As a group, analysts forecast that  Arcos Dorados Holdings Inc. will post 0.63 earnings per share for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>ARCO has been the subject of several recent analyst reports. JPMorgan Chase &amp; Co. dropped their price objective on shares of Arcos Dorados from $8.80 to $8.70 and set a &#34;neutral&#34; rating for the company in a report on Tuesday. Weiss Ratings downgraded Arcos Dorados from a &#34;hold (c-)&#34; rating to a &#34;sell (d+)&#34; rating in a report on Wednesday, October 8th. Zacks Research cut Arcos Dorados from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Thursday, October 23rd. Finally, Wall Street Zen lowered shares of Arcos Dorados from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 25th. One analyst  has rated the stock with a Hold rating and two have assigned  a Sell rating to the stock. According to data from MarketBeat.com, Arcos Dorados presently has a consensus rating of &#34;Sell&#34; and a consensus price target of $8.70.</p><ul><li>5 Reasons Why Arcos Dorados Is A Perfect Investment for 2024</li></ul><p><b>Get Our Latest Research Report on Arcos Dorados</b></p><h2>Arcos Dorados Company Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Arcos Dorados</li><li>The Basics of Support and  Resistance</li><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Rare Earth Stocks: The Truce That Isn't a Truce</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Carving Up Profits: 3 Food Stocks on the Thanksgiving Table</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFSQ08?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFSQ08"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Arcos Dorados Right Now?</h2><p>Before you consider Arcos Dorados, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arcos Dorados wasn't on the list.</p><p>While Arcos Dorados currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ARCO

<p>TimesSquare Capital Management LLC reduced its stake in Arcos Dorados Holdings Inc. by 20.4% in Q2, selling 223,538 shares. The firm now owns 873,702 shares, valued at $6.89 million. Arcos Dorados, a McDonald's franchisee in Latin America, saw its stock rise 5.2% recently. Analysts have downgraded the stock, with a consensus rating of 'Sell' and a price target of $8.70.</p>

Arcos Dorados Holdings Inc. $ARCO Position Decreased by TimesSquare Capital Management LLC