Guardian Partners Inc. Acquires Shares of 4,787 Restaurant Brands International Inc. (NYSE:QSR)

Guardian Partners Inc. purchased a new stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,787 shares of the restaurant operator's stock, valued at approximately $299,000.

A number of other institutional investors have also recently modified their holdings of the business. Bleakley Financial Group LLC increased its holdings in Restaurant Brands International by 5.4% in the fourth quarter. Bleakley Financial Group LLC now owns 3,137 shares of the restaurant operator's stock valued at $204,000 after buying an additional 161 shares in the last quarter. D.A. Davidson & CO. increased its stake in Restaurant Brands International by 2.2% in the 3rd quarter. D.A. Davidson & CO. now owns 8,412 shares of the restaurant operator's stock valued at $607,000 after purchasing an additional 179 shares in the last quarter. Waterfront Wealth Inc. raised its holdings in Restaurant Brands International by 1.3% during the fourth quarter. Waterfront Wealth Inc. now owns 14,034 shares of the restaurant operator's stock worth $915,000 after purchasing an additional 180 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Restaurant Brands International by 4.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,507 shares of the restaurant operator's stock worth $325,000 after purchasing an additional 210 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in Restaurant Brands International by 3.2% in the fourth quarter. Signaturefd LLC now owns 6,687 shares of the restaurant operator's stock valued at $436,000 after purchasing an additional 210 shares during the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity at Restaurant Brands International

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the transaction, the chief financial officer now owns 235,228 shares in the company, valued at $16,023,731.36. The trade was a 5.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thiago T. Santelmo sold 3,511 shares of the stock in a transaction dated 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 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 300,226 shares of company stock worth $19,121,223. 1.36% of the stock is currently owned by corporate insiders.

Restaurant Brands International Trading Down 6.1 %

NYSE:QSR traded down $4.22 on Friday, hitting $64.52. 2,825,080 shares of the stock were exchanged, compared to its average volume of 1,775,008. The stock has a fifty day moving average of $64.88 and a 200-day moving average of $67.22. The stock has a market cap of $21.12 billion, a PE ratio of 20.29, 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. Restaurant Brands International Inc. has a fifty-two week low of $59.67 and a fifty-two week high of $79.28.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its 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 return on equity of 28.53% and a net margin of 12.15%. As a group, equities 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 firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's dividend payout ratio (DPR) is currently 77.99%.

Analyst Ratings Changes

QSR has been the subject of several research reports. Stifel Nicolaus cut 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. TD Cowen downgraded shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target on the stock. in a report on Friday, February 14th. Morgan Stanley dropped their price objective on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. CIBC cut their price objective 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. Finally, Oppenheimer lowered their target price on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, Restaurant Brands International currently has a consensus rating of "Moderate Buy" and a consensus price target of $77.08.

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.