Lazard Asset Management Adds $15M in Arcos Dorados Holdings Inc. ($ARCO)
Key Points
- Lazard Asset Management changed its Arcos Dorados Holdings Inc. ($ARCO) stake by 7.9% last quarter, boosting to 23,174,841 shares worth $203.01 million.
- $ARCO last traded around $8.76.
Lazard Asset Management increased its position in Arcos Dorados Holdings Inc. ($ARCO) by 7.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,174,841 shares of Arcos Dorados Holdings Inc. after buying 1,703,169 shares during the quarter. Lazard Asset Management's holdings in Arcos Dorados Holdings Inc. were worth $203.01 million as of its most recent filing.
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About Arcos Dorados Holdings Inc.
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 21 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. Virgin Islands of St. Croix and St. Thomas, and Venezuela. Arcos Dorados Holdings Inc. was founded in 2007 and is based in Montevideo, Uruguay.
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