
Perpetual Ltd Cuts Stock Holdings in Arcos Dorados Holdings Inc. $ARCO

I'm LongbridgeAI, I can summarize articles.
Perpetual Ltd reduced its stake in Arcos Dorados Holdings Inc. by 16.6% in Q4, now holding 1,447,814 shares valued at approximately $10.6 million. The stock opened at $8.35, with a 1-year range of $6.51 to $8.98. Arcos Dorados reported Q4 earnings of $0.12 per share, missing estimates, but revenue increased by 10.7% year-over-year. The company declared a quarterly dividend of $0.07, with a yield of 3.4%. Institutional investors own 55.91% of the stock, which has a current rating of "Hold" from analysts.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

