Restaurant Brands International Inc. $QSR Stock Position Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 121.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,918 shares of the restaurant operator’s stock after purchasing an additional 10,358 shares during the period. Kestra Advisory Services LLC’s holdings in Restaurant Brands International were worth $1,398,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of QSR. Lloyd Advisory Services LLC. purchased a new position in Restaurant Brands International in the 4th quarter worth about $25,000. Larson Financial Group LLC lifted its stake in Restaurant Brands International by 1,922.2% during the fourth quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 346 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Restaurant Brands International in the fourth quarter worth about $29,000. UMB Bank n.a. increased its position in shares of Restaurant Brands International by 50.4% in the fourth quarter. UMB Bank n.a. now owns 639 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 214 shares in the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of Restaurant Brands International by 20.6% during the fourth quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock valued at $63,000 after acquiring an additional 158 shares during the period. 82.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on QSR shares. Robert W. Baird upped their price target on shares of Restaurant Brands International from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. UBS Group boosted their target price on shares of Restaurant Brands International from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Citigroup reduced their target price on Restaurant Brands International from $88.00 to $84.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Scotia upped their price target on Restaurant Brands International from $81.00 to $83.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. increased their price objective on Restaurant Brands International from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Fifteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Restaurant Brands International presently has an average rating of “Moderate Buy” and an average price target of $84.14.

Restaurant Brands International Trading Down 0.2%

Shares of NYSE:QSR opened at $73.82 on Wednesday. The firm has a fifty day moving average of $74.21 and a two-hundred day moving average of $73.17. The company has a quick ratio of 0.90, a current ratio of 0.99 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 firm has a market capitalization of $25.78 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The business had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.24 billion. Restaurant Brands International had a net margin of 9.96% and a return on equity of 32.80%. Restaurant Brands International’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 earnings per share. On average, equities analysts expect that Restaurant Brands International Inc. will post 4.04 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 23rd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is presently 91.55%.

Restaurant Brands International Profile

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.