Dana Investment Advisors Inc. Raises Stock Position in Restaurant Brands International Inc. (NYSE:QSR)

Dana Investment Advisors Inc. boosted its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,259 shares of the restaurant operator's stock after purchasing an additional 8,873 shares during the period. Dana Investment Advisors Inc. owned approximately 0.05% of Restaurant Brands International worth $11,293,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI raised its stake in shares of Restaurant Brands International by 68.6% in the 3rd quarter. National Bank of Canada FI now owns 3,181,459 shares of the restaurant operator's stock valued at $229,545,000 after acquiring an additional 1,294,185 shares during the period. Holocene Advisors LP purchased a new position in shares of Restaurant Brands International during the 3rd quarter worth approximately $89,790,000. Point72 Asset Management L.P. raised its position in Restaurant Brands International by 282.6% in the third quarter. Point72 Asset Management L.P. now owns 1,465,709 shares of the restaurant operator's stock valued at $105,707,000 after purchasing an additional 1,082,622 shares during the period. Janus Henderson Group PLC lifted its stake in Restaurant Brands International by 848.9% during the third quarter. Janus Henderson Group PLC now owns 370,973 shares of the restaurant operator's stock worth $26,756,000 after purchasing an additional 331,880 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Restaurant Brands International by 16.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,207,251 shares of the restaurant operator's stock worth $159,251,000 after buying an additional 307,791 shares during the period. 82.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on QSR shares. 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 research report on Friday, February 14th. Evercore ISI cut their price target on shares of Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. Wells Fargo & Company cut their price target on shares of Restaurant Brands International from $72.00 to $69.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group cut their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. Finally, Guggenheim upgraded shares of Restaurant Brands International from a "neutral" rating to a "buy" rating and cut their price target for the stock from $74.00 to $71.00 in a research note on Friday, January 24th. One equities research 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 an average price target of $77.33.

Insider Activity

In other news, CEO Joshua Kobza sold 93,619 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 848,578 shares of the company's stock, valued at approximately $52,908,838.30. This represents a 9.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the completion of the sale, the insider now directly owns 32,937 shares of the company's stock, valued at $2,114,555.40. The trade was a 9.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 379,726 shares of company stock valued at $24,662,800. 1.36% of the stock is currently owned by company insiders.

Restaurant Brands International Stock Performance

Shares of QSR opened at $66.75 on Thursday. The stock has a 50 day moving average price of $63.43 and a 200 day moving average price of $67.47. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The company has a market capitalization of $21.69 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. Restaurant Brands International Inc. has a 52-week low of $59.67 and a 52-week high of $83.29.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal 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. 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 3.72%. The ex-dividend date is Friday, March 21st. Restaurant Brands International's dividend payout ratio is presently 77.99%.

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.

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