Galibier Capital Management Ltd. Has $18.73 Million Stock Position in Restaurant Brands International Inc. (NYSE:QSR)

Galibier Capital Management Ltd. trimmed its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 20.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 287,533 shares of the restaurant operator's stock after selling 72,456 shares during the period. Restaurant Brands International makes up approximately 5.3% of Galibier Capital Management Ltd.'s holdings, making the stock its 13th largest holding. Galibier Capital Management Ltd. owned approximately 0.09% of Restaurant Brands International worth $18,731,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QSR. Farther Finance Advisors LLC increased its position in shares of Restaurant Brands International by 79.4% during the third quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 185 shares during the period. Plato Investment Management Ltd acquired a new stake in Restaurant Brands International during the third quarter worth $61,000. Blue Trust Inc. increased its holdings in Restaurant Brands International by 123.9% in the 3rd quarter. Blue Trust Inc. now owns 1,388 shares of the restaurant operator's stock valued at $98,000 after buying an additional 768 shares during the period. GAMMA Investing LLC raised its stake in shares of Restaurant Brands International by 67.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,754 shares of the restaurant operator's stock valued at $126,000 after buying an additional 704 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of 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 worth $126,000 after acquiring an additional 265 shares during the period. Institutional investors and hedge funds own 82.29% of the company's stock.

Restaurant Brands International Trading Up 0.0 %

Shares of QSR stock traded up $0.01 during trading hours on Friday, reaching $60.48. The company had a trading volume of 1,492,815 shares, compared to its average volume of 1,261,844. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a 1-year low of $60.03 and a 1-year high of $83.29. The firm has a market cap of $19.59 billion, a price-to-earnings ratio of 15.16, a P/E/G ratio of 1.81 and a beta of 0.94. The company has a 50 day moving average of $66.73 and a 200 day moving average of $69.13.

Restaurant Brands International Dividend Announcement

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

Insider Buying and Selling

In other news, insider Thiago T. Santelmo sold 3,511 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the completion of the transaction, the insider now owns 32,937 shares in the company, valued at $2,114,555.40. This represents a 9.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sami A. Siddiqui sold 5,579 shares of the firm's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $358,171.80. Following the sale, the chief financial officer now owns 27,266 shares in the company, valued at approximately $1,750,477.20. The trade was a 16.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 113,510 shares of company stock valued at $7,774,020. 1.36% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on QSR. KeyCorp dropped their price target on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research report on Wednesday, November 6th. Bank of America raised their target price on Restaurant Brands International from $76.00 to $77.00 and gave the stock an "underperform" rating in a research report on Tuesday, October 22nd. Royal Bank of Canada decreased their price target on Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. Oppenheimer cut their price objective on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Finally, Evercore ISI reduced their price target on shares of Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $81.46.

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.