Epoch Investment Partners Inc. Reduces Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Epoch Investment Partners Inc. decreased its position in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,009,877 shares of the restaurant operator's stock after selling 70,023 shares during the period. Epoch Investment Partners Inc. owned 0.31% of Restaurant Brands International worth $65,824,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of QSR. Venturi Wealth Management LLC lifted 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 purchasing an additional 314 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Restaurant Brands International during the fourth quarter valued at about $32,000. IFP Advisors Inc boosted its holdings in shares of Restaurant Brands International by 183.9% in the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after buying an additional 412 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new position in shares of Restaurant Brands International in the 4th quarter worth approximately $60,000. Finally, Crewe Advisors LLC bought a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $74,000. Institutional investors own 82.29% of the company's stock.

Insider Buying and Selling at Restaurant Brands International

In other news, CEO Joshua Kobza sold 93,619 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.35, for a total value of $5,837,144.65. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the company's 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 sale, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at approximately $16,023,731.36. This represents a 5.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 278,716 shares of company stock valued at $17,740,281 over the last quarter. 1.36% of the stock is currently owned by insiders.

Restaurant Brands International Price Performance

QSR traded up $0.07 during trading on Friday, hitting $62.66. The company's stock had a trading volume of 468,179 shares, compared to its average volume of 1,844,587. 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 market capitalization of $20.53 billion, a price-to-earnings ratio of 19.69, a P/E/G ratio of 1.77 and a beta of 0.72. The business's fifty day simple moving average is $64.92 and its 200 day simple moving average is $66.22. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $77.24.

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 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, equities research analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS 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 paid a dividend of $0.62 per share. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.96%. The ex-dividend date was Friday, March 21st. Restaurant Brands International's payout ratio is 77.99%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Stifel Nicolaus cut their price target 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. JPMorgan Chase & Co. decreased their price target on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research note on Thursday, March 20th. Barclays dropped their price target on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. TD Securities reaffirmed a "hold" rating and issued a $70.00 price objective on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Finally, TD Cowen downgraded shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 target price on the stock. in a research report on Friday, February 14th. 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 stock. Based on data from MarketBeat, Restaurant Brands International currently has a consensus rating of "Moderate Buy" and a consensus target price of $76.25.

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.