Capital International Inc. CA Boosts Stock Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Capital International Inc. CA lifted its stake in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 137,354 shares of the restaurant operator's stock after buying an additional 13,185 shares during the period. Capital International Inc. CA's holdings in Restaurant Brands International were worth $8,953,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC grew its position 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 last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Restaurant Brands International during the fourth quarter worth about $32,000. IFP Advisors Inc grew its holdings 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 worth $41,000 after purchasing an additional 412 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new position in shares of Restaurant Brands International in the fourth quarter valued at approximately $60,000. Finally, Crewe Advisors LLC bought a new position in Restaurant Brands International in the 4th quarter valued at approximately $74,000. 82.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on QSR. Wells Fargo & Company decreased their price target on shares of Restaurant Brands International from $69.00 to $66.00 and set an "equal weight" rating for the company in a research report on Tuesday. Truist Financial decreased their price objective on Restaurant Brands International from $83.00 to $78.00 and set a "buy" rating for the company in a report on Tuesday. Guggenheim lifted their target price on Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, April 4th. Stifel Nicolaus decreased their price target on Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating for the company in a research note on Friday, January 10th. Finally, Robert W. Baird lowered their price objective on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, Restaurant Brands International currently has a consensus rating of "Moderate Buy" and a consensus price target of $76.25.

Restaurant Brands International Stock Up 0.1 %

Shares of QSR stock traded up $0.04 during trading hours on Friday, reaching $62.63. The company had a trading volume of 490,246 shares, compared to its average volume of 1,844,768. The company has a market cap of $20.52 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $77.24. The business has a fifty day simple moving average of $64.92 and a 200-day simple moving average of $66.22.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings data 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 net margin of 12.15% and a return on equity of 28.53%. On average, research analysts expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, March 21st. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.96%. Restaurant Brands International's payout ratio is 77.99%.

Insiders Place Their Bets

In related news, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Duncan Fulton sold 27,500 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $64.66, for a total value of $1,778,150.00. Following the completion of the transaction, the insider now directly owns 34,822 shares in the company, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 278,716 shares of company stock valued at $17,740,281. Corporate 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.