Inkwell Capital LLC Acquires Shares of 51,701 Restaurant Brands International Inc. (NYSE:QSR)

Inkwell Capital LLC acquired a new stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 51,701 shares of the restaurant operator's stock, valued at approximately $3,370,000. Restaurant Brands International accounts for 3.6% of Inkwell Capital LLC's investment portfolio, making the stock its 14th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC boosted its stake in shares of 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 in the last quarter. SBI Securities Co. Ltd. purchased a new stake in Restaurant Brands International during the fourth quarter worth $32,000. IFP Advisors Inc grew its holdings in Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after purchasing an additional 412 shares during the last quarter. Physician Wealth Advisors Inc. purchased a new position in shares of Restaurant Brands International in the fourth quarter valued at $60,000. Finally, Crewe Advisors LLC purchased a new position in shares of Restaurant Brands International in the fourth quarter valued at $74,000. Hedge funds and other institutional investors own 82.29% of the company's stock.

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Wall Street Analyst Weigh In

QSR has been the topic of a number of research reports. Argus raised shares of Restaurant Brands International from a "hold" rating to a "buy" rating in a research note on Wednesday, March 19th. CIBC lowered their price target on shares of Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Loop Capital restated a "buy" rating on shares of Restaurant Brands International in a research report on Tuesday, March 18th. Citigroup increased their target price on Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. Finally, Oppenheimer dropped their price target on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $77.08.

Restaurant Brands International Stock Up 1.3 %

Restaurant Brands International stock traded up $0.90 during trading on Thursday, reaching $67.79. 1,232,777 shares of the company's stock were exchanged, compared to its average volume of 1,777,536. Restaurant Brands International Inc. has a 52-week low of $59.67 and a 52-week high of $78.00. The firm has a market cap of $22.19 billion, a price-to-earnings ratio of 21.32, a PEG ratio of 1.77 and a beta of 0.72. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The company's 50-day moving average is $65.26 and its two-hundred day moving average is $67.18.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued 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%. On average, analysts predict that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Increases Dividend

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

Insiders Place Their Bets

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of Restaurant Brands International 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 sale, the chief financial officer now directly owns 235,228 shares in the company, valued at $16,023,731.36. The trade was a 5.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joshua Kobza sold 12,420 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $797,364.00. Following the sale, the chief executive officer now directly owns 703,445 shares of the company's stock, valued at $45,161,169. The trade was a 1.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 300,226 shares of company stock worth $19,121,223 in the last quarter. 1.36% of the stock is owned by corporate insiders.

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.