11,608 Shares in Restaurant Brands International Inc. (NYSE:QSR) Bought by Banco Santander S.A.

Banco Santander S.A. acquired a new position in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 11,608 shares of the restaurant operator's stock, valued at approximately $757,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its position 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 worth $30,000 after purchasing an additional 185 shares in the last quarter. Venturi Wealth Management LLC raised its stake in Restaurant Brands International by 213.6% during the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock worth $30,000 after acquiring an additional 314 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Restaurant Brands International in the fourth quarter valued at about $32,000. IFP Advisors Inc raised its position in shares of Restaurant Brands International by 183.9% during the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after buying an additional 412 shares during the last quarter. Finally, Plato Investment Management Ltd purchased a new stake in Restaurant Brands International in the 3rd quarter worth $61,000. Institutional investors own 82.29% of the company's stock.

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Insider Activity

In other Restaurant Brands International news, insider Duncan Fulton sold 15,974 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the sale, the insider now directly owns 45,248 shares of the company's stock, valued at approximately $2,827,095.04. The trade was a 26.09 % decrease in their position. 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 business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the transaction, 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. Over 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 Stock Performance

QSR traded down $0.91 during trading on Thursday, hitting $65.75. The stock had a trading volume of 2,027,623 shares, compared to its average volume of 2,255,174. Restaurant Brands International Inc. has a one year low of $59.67 and a one year high of $82.56. 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 firm has a market cap of $21.37 billion, a price-to-earnings ratio of 20.68, a P/E/G ratio of 1.77 and a beta of 0.95. The company has a 50 day moving average price of $63.71 and a 200-day moving average price of $67.36.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share for the quarter, missing the consensus estimate 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 firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.77%. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, March 21st. Restaurant Brands International's payout ratio is presently 77.99%.

Analysts Set New Price Targets

QSR has been the topic of several analyst reports. Barclays cut their price target on shares of Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. Guggenheim upgraded Restaurant Brands International from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $74.00 to $71.00 in a research report on Friday, January 24th. Citigroup raised their target price on Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Morgan Stanley lowered their price objective on Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 21st. Finally, Argus lowered shares of Restaurant Brands International from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $77.33.

Restaurant Brands International 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.