Capital International Sarl Increases Stake in Restaurant Brands International Inc. (NYSE:QSR)

Capital International Sarl boosted its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 16.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,694 shares of the restaurant operator's stock after acquiring an additional 34,702 shares during the quarter. Capital International Sarl owned 0.08% of Restaurant Brands International worth $15,949,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Inkwell Capital LLC bought a new position in Restaurant Brands International during the fourth quarter worth $3,370,000. Summerhill Capital Management lnc. purchased a new position in shares of Restaurant Brands International in the 4th quarter worth approximately $841,000. Aviso Financial Inc. grew its stake in Restaurant Brands International by 4.1% in the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock valued at $61,384,000 after purchasing an additional 37,241 shares during the period. Baskin Financial Services Inc. increased its holdings in Restaurant Brands International by 2.8% during the fourth quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock worth $21,664,000 after buying an additional 9,208 shares during the last quarter. Finally, Baupost Group LLC MA increased its stake in shares of Restaurant Brands International by 10,155.5% during the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator's stock worth $189,133,000 after purchasing an additional 2,873,406 shares during the last quarter. 82.29% of the stock is owned by institutional investors.

Insider Activity

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of 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 Securities & Exchange Commission, which is available at the SEC website. Also, insider Duncan Fulton sold 15,974 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.48, for a total value of $998,055.52. Following the completion of the sale, the insider now owns 45,248 shares in the company, valued at $2,827,095.04. This represents a 26.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 278,716 shares of company stock worth $17,740,281 in the last three months. Company insiders own 1.36% of the company's stock.

Restaurant Brands International Stock Performance

QSR traded down $0.93 during mid-day trading on Wednesday, reaching $62.94. 503,262 shares of the company traded hands, compared to its average volume of 1,840,573. Restaurant Brands International Inc. has a 52-week low of $58.71 and a 52-week high of $77.24. The company's fifty day moving average price is $65.00 and its 200-day moving average price is $66.29. 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 stock has a market capitalization of $20.62 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.77 and a beta of 0.72.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 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%. On average, sell-side analysts expect that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, March 21st. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.94%. Restaurant Brands International's dividend payout ratio is 77.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on QSR shares. Loop Capital reiterated a "buy" rating on shares of Restaurant Brands International in a research report on Tuesday, March 18th. Stifel Nicolaus lowered their target price on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a report on Friday, January 10th. TD Securities reiterated a "hold" rating and issued a $70.00 price target on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Barclays dropped their price objective on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. Finally, Truist Financial decreased their price target on Restaurant Brands International from $83.00 to $78.00 and set a "buy" rating on the stock in a research report on Tuesday. One 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $76.25.

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.