Aviso Financial Inc. Raises Stake in Restaurant Brands International Inc. (NYSE:QSR)

Aviso Financial Inc. increased its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 942,022 shares of the restaurant operator's stock after purchasing an additional 37,241 shares during the quarter. Restaurant Brands International accounts for approximately 3.1% of Aviso Financial Inc.'s investment portfolio, making the stock its 11th largest holding. Aviso Financial Inc. owned 0.29% of Restaurant Brands International worth $61,384,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in shares of Restaurant Brands International by 79.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock valued at $30,000 after acquiring an additional 185 shares during the last quarter. Assetmark Inc. boosted its holdings in Restaurant Brands International by 2.8% in the third quarter. Assetmark Inc. now owns 24,555 shares of the restaurant operator's stock valued at $1,771,000 after purchasing an additional 669 shares during the last quarter. MQS Management LLC acquired a new stake in Restaurant Brands International during the 3rd quarter worth about $402,000. Plato Investment Management Ltd purchased a new position in shares of Restaurant Brands International during the 3rd quarter valued at about $61,000. Finally, CIBC Asset Management Inc lifted its holdings in shares of Restaurant Brands International by 4.2% in the 3rd quarter. CIBC Asset Management Inc now owns 2,969,582 shares of the restaurant operator's stock valued at $215,448,000 after buying an additional 118,721 shares during the period. Hedge funds and other institutional investors own 82.29% of the company's stock.

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Analyst Upgrades and Downgrades

Several analysts recently commented on QSR shares. TD Securities reaffirmed a "hold" rating and set a $70.00 target price on shares of Restaurant Brands International in a report on Tuesday, February 25th. CIBC dropped their price objective on shares of Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. Citigroup boosted their target price on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. Stifel Nicolaus dropped their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a research report on Friday, January 10th. Finally, Barclays decreased their price objective on shares of Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating for the company in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $77.33.

Restaurant Brands International Trading Up 0.5 %

QSR traded up $0.32 during trading hours on Tuesday, reaching $67.83. The company's stock had a trading volume of 1,201,470 shares, compared to its average volume of 1,715,740. The stock has a market cap of $22.04 billion, a PE ratio of 21.33, a P/E/G ratio of 1.77 and a beta of 0.95. Restaurant Brands International Inc. has a fifty-two week low of $59.67 and a fifty-two week high of $81.27. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The business's 50-day moving average is $63.81 and its 200-day moving average is $67.28.

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

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.66%. The ex-dividend date is Friday, March 21st. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

Insider Buying and Selling

In related news, CEO Joshua Kobza sold 93,619 shares of Restaurant Brands International stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.35, for a total value of $5,837,144.65. Following the completion of the transaction, the chief executive officer now owns 848,578 shares in the company, valued at approximately $52,908,838.30. The trade was a 9.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thiago T. Santelmo sold 3,511 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the sale, the insider now owns 32,937 shares in the company, valued at approximately $2,114,555.40. This trade represents a 9.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 287,726 shares of company stock valued at $18,269,723. Company insiders own 1.36% of the company's stock.

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.