Restaurant Brands International Inc. $QSR Shares Acquired by Capital International Ltd. CA

Capital International Ltd. CA grew its holdings in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 23.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 288,203 shares of the restaurant operator’s stock after acquiring an additional 55,411 shares during the quarter. Capital International Ltd. CA’s holdings in Restaurant Brands International were worth $19,664,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Restaurant Brands International by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 15,983,585 shares of the restaurant operator’s stock worth $1,090,684,000 after acquiring an additional 344,066 shares in the last quarter. EdgePoint Investment Group Inc. lifted its holdings in shares of Restaurant Brands International by 15.4% during the third quarter. EdgePoint Investment Group Inc. now owns 14,903,208 shares of the restaurant operator’s stock worth $955,855,000 after purchasing an additional 1,983,354 shares during the period. Baupost Group LLC MA lifted its holdings in shares of Restaurant Brands International by 103.8% during the third quarter. Baupost Group LLC MA now owns 8,252,862 shares of the restaurant operator’s stock worth $529,337,000 after purchasing an additional 4,203,300 shares during the period. TD Asset Management Inc lifted its holdings in shares of Restaurant Brands International by 0.7% during the fourth quarter. TD Asset Management Inc now owns 5,544,780 shares of the restaurant operator’s stock worth $378,851,000 after purchasing an additional 38,919 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Restaurant Brands International by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 5,216,985 shares of the restaurant operator’s stock worth $365,279,000 after purchasing an additional 295,935 shares during the period. Institutional investors and hedge funds own 82.29% of the company’s stock.

Restaurant Brands International Trading Up 1.1%

Restaurant Brands International stock opened at $72.60 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.90 and a debt-to-equity ratio of 2.55. Restaurant Brands International Inc. has a 12 month low of $61.33 and a 12 month high of $81.96. The stock’s 50 day simple moving average is $76.61 and its two-hundred day simple moving average is $72.35. The firm has a market cap of $25.22 billion, a PE ratio of 25.56, a P/E/G ratio of 1.88 and a beta of 0.49.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. The business had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.24 billion. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. Analysts anticipate that Restaurant Brands International Inc. will post 4.07 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is presently 91.55%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. UBS Group lifted their target price on Restaurant Brands International from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, May 4th. BMO Capital Markets decreased their target price on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Weiss Ratings raised Restaurant Brands International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. Morgan Stanley lifted their target price on Restaurant Brands International from $77.00 to $78.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Finally, Robert W. Baird lifted their target price on Restaurant Brands International from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Seventeen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.54.

Insider Buying and Selling at Restaurant Brands International

In other news, insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $73.48, for a total transaction of $1,469,600.00. Following the completion of the transaction, the insider directly owned 162,077 shares of the company’s stock, valued at $11,909,417.96. This represents a 10.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jill Granat sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $74.76, for a total value of $1,869,000.00. Following the transaction, the insider directly owned 478,845 shares of the company’s stock, valued at approximately $35,798,452.20. The trade was a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 350,000 shares of company stock worth $26,198,650. 1.22% of the stock is currently owned by corporate insiders.

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.