Restaurant Brands International Inc. (NYSE:QSR) Holdings Reduced by Artemis Investment Management LLP

Artemis Investment Management LLP lessened its stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 34.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,132 shares of the restaurant operator's stock after selling 75,495 shares during the quarter. Artemis Investment Management LLP's holdings in Restaurant Brands International were worth $9,199,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Farther Finance Advisors LLC boosted its position in shares of Restaurant Brands International by 79.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock worth $30,000 after buying an additional 185 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in shares of Restaurant Brands International in the third quarter valued at about $61,000. Blue Trust Inc. grew its position in shares of Restaurant Brands International by 123.9% in the third quarter. Blue Trust Inc. now owns 1,388 shares of the restaurant operator's stock valued at $98,000 after purchasing an additional 768 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Restaurant Brands International by 67.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,754 shares of the restaurant operator's stock worth $126,000 after purchasing an additional 704 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Restaurant Brands International by 17.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,754 shares of the restaurant operator's stock valued at $126,000 after buying an additional 265 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company's stock.

Restaurant Brands International Stock Up 0.0 %

QSR stock traded up $0.01 during trading on Monday, reaching $60.48. The stock had a trading volume of 1,492,815 shares, compared to its average volume of 1,261,844. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The firm has a fifty day moving average price of $66.73 and a 200 day moving average price of $69.13. The company has a market capitalization of $19.62 billion, a P/E ratio of 15.16, a PEG ratio of 1.81 and a beta of 0.94. Restaurant Brands International Inc. has a 1-year low of $60.03 and a 1-year high of $83.29.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 20th were issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International's dividend payout ratio is currently 58.15%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Evercore ISI cut their price target on Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating for the company in a report on Wednesday, November 6th. Wells Fargo & Company decreased 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. Argus cut their price objective on shares of Restaurant Brands International from $85.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, November 7th. Oppenheimer lowered their target price on shares of Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus reduced their price target on Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $81.46.

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, insider Jill Granat sold 10,613 shares of Restaurant Brands International stock in a transaction on Monday, December 9th. The shares were sold at an average price of $70.41, for a total value of $747,261.33. Following the completion of the transaction, the insider now owns 388,759 shares of the company's stock, valued at $27,372,521.19. The trade was a 2.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Thiago T. Santelmo sold 3,511 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the sale, the insider now directly owns 32,937 shares in the company, valued at $2,114,555.40. This trade represents a 9.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 113,510 shares of company stock worth $7,774,020 in the last 90 days. 1.36% of the stock is owned by corporate insiders.

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.