Ossiam Has $1.16 Million Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Ossiam trimmed its holdings in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 59.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,757 shares of the restaurant operator's stock after selling 25,769 shares during the quarter. Ossiam's holdings in Restaurant Brands International were worth $1,157,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Capital International Inc. CA boosted its holdings in Restaurant Brands International by 10.6% in the 4th quarter. Capital International Inc. CA now owns 137,354 shares of the restaurant operator's stock valued at $8,953,000 after purchasing an additional 13,185 shares during the last quarter. Capital World Investors grew its position in Restaurant Brands International by 2.0% in the fourth quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator's stock worth $2,829,974,000 after acquiring an additional 841,167 shares during the period. Dimensional Fund Advisors LP increased its stake in Restaurant Brands International by 25.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 974,868 shares of the restaurant operator's stock worth $63,541,000 after acquiring an additional 195,340 shares during the last quarter. First Trust Advisors LP raised its position in Restaurant Brands International by 28.1% in the fourth quarter. First Trust Advisors LP now owns 45,797 shares of the restaurant operator's stock valued at $2,984,000 after purchasing an additional 10,033 shares during the period. Finally, GeoWealth Management LLC lifted its stake in shares of Restaurant Brands International by 7.0% in the 4th quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator's stock valued at $162,000 after purchasing an additional 163 shares during the last quarter. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

QSR has been the topic of a number of research analyst reports. Loop Capital reissued a "buy" rating on shares of Restaurant Brands International in a research report on Tuesday, March 18th. Citigroup decreased their target price on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. JPMorgan Chase & Co. dropped their target price on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research report on Thursday, March 20th. Jefferies Financial Group reduced 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 report on Thursday, January 30th. Finally, Argus upgraded shares of Restaurant Brands International from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $76.25.

Restaurant Brands International Price Performance

Restaurant Brands International stock traded up $0.22 on Friday, reaching $62.81. The company's stock had a trading volume of 1,546,940 shares, compared to its average volume of 1,848,798. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $77.24. The company has a market cap of $20.58 billion, a price-to-earnings ratio of 19.75, 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 business's fifty day moving average price is $64.92 and its 200 day moving average price is $66.22.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted 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%. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.95%. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International's dividend payout ratio (DPR) is presently 77.99%.

Insider Transactions at Restaurant Brands International

In other news, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the transaction, the chief financial officer now owns 235,228 shares of the company's stock, valued at $16,023,731.36. This represents a 5.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joshua Kobza sold 93,619 shares of Restaurant Brands International 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 sale, the chief executive officer now directly owns 848,578 shares of the company's stock, valued at approximately $52,908,838.30. This trade represents a 9.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 278,716 shares of company stock worth $17,740,281 over the last 90 days. 1.36% of the stock is owned by insiders.

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.