Restaurant Brands International Inc. (NYSE:QSR) Shares Acquired by Capital Analysts LLC

Capital Analysts LLC increased its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 24.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 952 shares of the restaurant operator’s stock after acquiring an additional 186 shares during the period. Capital Analysts LLC’s holdings in Restaurant Brands International were worth $62,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QSR. Norges Bank acquired a new stake in shares of Restaurant Brands International in the fourth quarter valued at about $264,813,000. Meritage Group LP lifted its position in shares of Restaurant Brands International by 5,795.9% during the 4th quarter. Meritage Group LP now owns 3,301,689 shares of the restaurant operator’s stock valued at $215,204,000 after acquiring an additional 3,245,689 shares during the period. Baupost Group LLC MA boosted its stake in shares of Restaurant Brands International by 10,155.5% during the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator’s stock worth $189,133,000 after acquiring an additional 2,873,406 shares in the last quarter. Capital World Investors grew its holdings in shares of Restaurant Brands International by 2.0% in the 4th quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator’s stock worth $2,829,974,000 after acquiring an additional 841,167 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Restaurant Brands International by 165.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,148,850 shares of the restaurant operator’s stock worth $74,802,000 after purchasing an additional 715,754 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Wall Street Analyst Weigh In

QSR has been the topic of several research reports. Truist Financial lowered their target price on Restaurant Brands International from $83.00 to $78.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Oppenheimer cut their target price on shares of Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company lowered their price target on shares of Restaurant Brands International from $69.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 22nd. Citigroup dropped their price objective on shares of Restaurant Brands International from $67.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, April 16th. Finally, Jefferies Financial Group reduced their target price on Restaurant Brands International from $73.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 30th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $76.04.

Restaurant Brands International Price Performance

QSR stock opened at $63.83 on Wednesday. The company has a market cap of $20.91 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The stock has a 50-day moving average price of $64.91 and a two-hundred day moving average price of $66.04. Restaurant Brands International Inc. has a 12-month low of $58.71 and a 12-month high of $77.24.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. As a group, research analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were issued a $0.62 dividend. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.89%. The ex-dividend date was Friday, March 21st. Restaurant Brands International’s dividend payout ratio is currently 77.99%.

Insider Buying and Selling at Restaurant Brands International

In other news, CFO Sami A. Siddiqui sold 18,477 shares of Restaurant Brands International stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.35, for a total transaction of $1,152,040.95. Following the sale, the chief financial officer now directly owns 55,761 shares of the company’s stock, valued at approximately $3,476,698.35. The trade was a 24.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Duncan Fulton sold 15,974 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total value of $998,055.52. Following the completion of the transaction, the insider now directly owns 45,248 shares of the company’s stock, valued at $2,827,095.04. This represents a 26.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 278,716 shares of company stock valued at $17,740,281 over the last three months. 1.36% of the stock is owned by company insiders.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.