<div id="readability-page-1"><p>Rockefeller Capital Management L.P. grew its stake in shares of  Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) by 14.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  owned 355,228 shares of the restaurant operator's stock after buying an additional 44,885 shares during the quarter. Rockefeller Capital Management L.P. owned 0.17% of Arcos Dorados worth $2,803,000 at the end of the most recent quarter.</p><ul><li>Arcos Dorados: McDonald’s, But Cheaper With Better Growth</li></ul><p>A number of other hedge funds also recently bought and sold shares of the company. Olympiad Research LP bought a new stake in shares of  Arcos Dorados in the 2nd quarter valued at about $140,000.  Fidelis Capital Partners LLC raised its stake in  Arcos Dorados by 50.0% in the second quarter. Fidelis Capital Partners LLC now owns 75,000 shares of the restaurant operator's stock worth $592,000 after buying an additional 25,000 shares in the last quarter.  RWA Wealth Partners LLC purchased a new stake in  Arcos Dorados in the second quarter worth about $789,000.  Fox Run Management L.L.C. lifted its holdings in  Arcos Dorados by 29.8% in the second quarter. Fox Run Management L.L.C. now owns 81,781 shares of the restaurant operator's stock worth $645,000 after buying an additional 18,791 shares during the period.  Finally, Seafarer Capital Partners LLC boosted its position in  Arcos Dorados by 30.0% during the 2nd quarter. Seafarer Capital Partners LLC now owns 260,000 shares of the restaurant operator's stock valued at $2,051,000 after acquiring an additional 60,000 shares in the last quarter. Institutional investors own  55.91% of the company's stock. </p><div><p><span></span><span>Get <strong>Arcos Dorados</strong> alerts:</span></p></div><h2>Arcos Dorados Stock Up 0.6%</h2><p>ARCO opened at $7.22 on Friday. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 3.46 and a beta of 0.60. The firm has a 50 day moving average price of $7.04 and a 200-day moving average price of $7.24. Arcos Dorados Holdings Inc. has a twelve month low of $6.51 and a twelve month high of $8.58. The company has a quick ratio of 0.73, a current ratio of 0.80 and a debt-to-equity ratio of 1.62. </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 earnings results on Wednesday, November 12th. The restaurant operator reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. Arcos Dorados had a return on equity of 24.54% and a net margin of 2.89%.The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the company earned $0.17 earnings per share. Arcos Dorados's revenue was up 5.2% on a year-over-year basis.  Equities research analysts forecast that  Arcos Dorados Holdings Inc. will post 0.63 earnings per share for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several brokerages have commented on ARCO. Wall Street Zen raised Arcos Dorados from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 15th. Zacks Research lowered shares of Arcos Dorados from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Thursday, October 23rd. 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 on the stock in a research note on Tuesday, November 11th. Finally, Weiss Ratings cut shares of Arcos Dorados from a &#34;hold (c-)&#34; rating to a &#34;sell (d+)&#34; rating in a report on Wednesday, October 8th. One analyst  has rated the stock with a Hold rating and two have issued  a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of &#34;Sell&#34; and a consensus target price of $8.70.</p><ul><li>5 Reasons Why Arcos Dorados Is A Perfect Investment for 2024</li></ul><p><b>Get Our Latest Stock Analysis on ARCO</b></p><h2>About Arcos Dorados</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>Read More</h2><ul><li>Five stocks we like better than Arcos Dorados</li><li>CD Calculator: Certificate of Deposit Calculator </li><li>MP Materials Stock Soared After Earnings—Here’s the Real Reason</li><li>What to Know About Investing in Penny Stocks</li><li>Why Palantir Slide May Be a Setup for a Long-Term Opportunity</li><li>How Investors Can Identify and Successfully Trade Gap-Down Stocks</li><li>Attention Income Investors: This REIT Is on Sale</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>Rockefeller Capital Management L.P. increased its stake in Arcos Dorados Holdings Inc. by 14.5% in Q2, acquiring 44,885 shares, totaling 355,228 shares worth $2,803,000. Other investors also adjusted their holdings. Arcos Dorados reported Q3 earnings of $0.12 per share, beating estimates, with revenue up 5.2% year-over-year. Analysts have mixed ratings on the stock, with a consensus rating of "Sell" and a target price of $8.70.</p>

Rockefeller Capital Management L.P. Acquires 44,885 Shares of Arcos Dorados Holdings Inc. $ARCO