Restaurant Brands International Inc. (NYSE:QSR) Shares Sold by Boston Partners

Boston Partners lowered its stake in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 11.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 51,018 shares of the restaurant operator's stock after selling 6,531 shares during the quarter. Boston Partners' holdings in Restaurant Brands International were worth $3,325,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of QSR. Generali Asset Management SPA SGR bought a new position in shares of Restaurant Brands International during the fourth quarter valued at approximately $586,000. Signaturefd LLC grew its position in Restaurant Brands International by 3.2% in the 4th quarter. Signaturefd LLC now owns 6,687 shares of the restaurant operator's stock valued at $436,000 after acquiring an additional 210 shares during the last quarter. Corient Private Wealth LLC increased its stake in Restaurant Brands International by 166.4% in the fourth quarter. Corient Private Wealth LLC now owns 20,475 shares of the restaurant operator's stock worth $1,335,000 after purchasing an additional 12,789 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of Restaurant Brands International by 2.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,103 shares of the restaurant operator's stock worth $919,000 after purchasing an additional 313 shares during the last quarter. Finally, Aviso Financial Inc. lifted its position in shares of Restaurant Brands International by 4.1% during the fourth quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock worth $61,384,000 after purchasing an additional 37,241 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company's stock.

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Restaurant Brands International Stock Up 1.8 %

Shares of QSR stock traded up $1.23 during trading hours on Wednesday, reaching $67.81. 1,484,850 shares of the company's stock were exchanged, compared to its average volume of 2,175,483. The stock has a market cap of $22.04 billion, a PE ratio of 21.32, a PEG ratio of 1.77 and a beta of 0.95. 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's fifty day moving average price is $64.49 and its two-hundred day moving average price is $67.23. Restaurant Brands International Inc. has a 1 year low of $59.67 and a 1 year high of $80.02.

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%. Research analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.66%. Restaurant Brands International's dividend payout ratio is currently 77.99%.

Insider Activity at Restaurant Brands International

In other Restaurant Brands International news, insider Thiago T. Santelmo sold 3,511 shares of the 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 sale, the insider now directly owns 32,937 shares of the company's stock, valued at approximately $2,114,555.40. This trade represents a 9.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total value of $851,500.00. Following the completion of the transaction, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at approximately $16,023,731.36. This trade represents a 5.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 300,226 shares of company stock worth $19,121,223 over the last quarter. Insiders own 1.36% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on QSR shares. Oppenheimer reduced their price target on shares of Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Morgan Stanley reduced their target price on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. TD Cowen lowered Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target for the company. in a report on Friday, February 14th. Stifel Nicolaus dropped their price objective on Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a research note on Friday, January 10th. Finally, CIBC decreased their target price on Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, Restaurant Brands International currently has a consensus rating of "Moderate Buy" and a consensus price target of $77.08.

About Restaurant Brands International

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.