Restaurant Brands International Inc. (NYSE:QSR) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 747,862 shares of the restaurant operator's stock after buying an additional 40,155 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.23% of Restaurant Brands International worth $48,719,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $32,000. Jones Financial Companies Lllp grew its holdings in shares of Restaurant Brands International by 231.5% during the 4th quarter. Jones Financial Companies Lllp now owns 3,753 shares of the restaurant operator's stock worth $245,000 after purchasing an additional 2,621 shares during the period. Nichols & Pratt Advisers LLP MA grew its holdings in shares of Restaurant Brands International by 10.1% during the 4th quarter. Nichols & Pratt Advisers LLP MA now owns 26,928 shares of the restaurant operator's stock worth $1,755,000 after purchasing an additional 2,475 shares during the period. Metis Global Partners LLC grew its holdings in shares of Restaurant Brands International by 3.3% during the 4th quarter. Metis Global Partners LLC now owns 12,941 shares of the restaurant operator's stock worth $843,000 after purchasing an additional 415 shares during the period. Finally, Mn Services Vermogensbeheer B.V. grew its holdings in shares of Restaurant Brands International by 1.8% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 115,800 shares of the restaurant operator's stock worth $7,544,000 after purchasing an additional 2,000 shares during the period. 82.29% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling at Restaurant Brands International

In related news, insider Thiago T. Santelmo sold 3,511 shares of the company's stock in a transaction 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 transaction, the insider now owns 32,937 shares of the company's stock, valued at $2,114,555.40. This represents a 9.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Joshua Kobza sold 93,619 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.35, for a total value of $5,837,144.65. Following the transaction, the chief executive officer now directly owns 848,578 shares in the company, valued at $52,908,838.30. This represents a 9.94 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 287,726 shares of company stock worth $18,269,723. 1.36% of the stock is currently owned by insiders.

Analyst Ratings Changes

QSR has been the topic of several research reports. Oppenheimer decreased their target price on 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. Argus lowered Restaurant Brands International from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th. Barclays decreased their target price on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. Guggenheim raised Restaurant Brands International from a "neutral" rating to a "buy" rating and reduced their price target for the company from $74.00 to $71.00 in a research report on Friday, January 24th. Finally, Morgan Stanley reduced their price target on 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. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, Restaurant Brands International presently has a consensus rating of "Hold" and an average target price of $77.33.

Restaurant Brands International Stock Performance

Shares of QSR stock traded up $0.32 during midday trading on Tuesday, hitting $67.83. The company had a trading volume of 1,201,470 shares, compared to its average volume of 1,715,740. The company's 50 day simple moving average is $63.81 and its 200 day simple moving average is $67.28. Restaurant Brands International Inc. has a 52-week low of $59.67 and a 52-week high of $81.27. The stock has a market cap of $22.04 billion, a price-to-earnings ratio of 21.33, a PEG ratio of 1.77 and a beta of 0.95. 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 (NYSE:QSR - Get Free Report) TSE: QSR last announced 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 net margin of 12.15% and a return on equity of 28.53%. Research analysts anticipate 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 $0.62 dividend. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Friday, March 21st. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

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.