Restaurant Brands International Inc. (NYSE:QSR) Position Boosted by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. boosted its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 88.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,693 shares of the restaurant operator's stock after purchasing an additional 27,949 shares during the quarter. Restaurant Brands International makes up 1.9% of Savoir Faire Capital Management L.P.'s portfolio, making the stock its 24th biggest holding. Savoir Faire Capital Management L.P.'s holdings in Restaurant Brands International were worth $3,891,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Restaurant Brands International by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 13,165,498 shares of the restaurant operator's stock valued at $858,101,000 after acquiring an additional 421,873 shares during the last quarter. Norges Bank purchased a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $264,813,000. National Bank of Canada FI increased its stake in shares of Restaurant Brands International by 68.6% during the 3rd quarter. National Bank of Canada FI now owns 3,181,459 shares of the restaurant operator's stock worth $229,545,000 after purchasing an additional 1,294,185 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Restaurant Brands International by 33.9% during the 4th quarter. Geode Capital Management LLC now owns 1,847,805 shares of the restaurant operator's stock worth $123,137,000 after purchasing an additional 467,958 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Restaurant Brands International by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,331,392 shares of the restaurant operator's stock valued at $86,780,000 after buying an additional 68,456 shares in the last quarter. Institutional investors and hedge funds own 82.29% of the company's stock.

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Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were 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 in the company, valued at $16,023,731.36. The trade was a 5.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Duncan Fulton sold 15,974 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total value of $998,055.52. Following the sale, the insider now owns 45,248 shares of the company's stock, 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 sold 278,716 shares of company stock valued at $17,740,281 over the last quarter. Company insiders own 1.36% of the company's stock.

Restaurant Brands International Trading Down 1.1 %

NYSE QSR traded down $0.64 during mid-day trading on Wednesday, hitting $59.39. The company's stock had a trading volume of 683,969 shares, compared to its average volume of 1,807,095. The firm has a market capitalization of $19.44 billion, a P/E ratio of 18.67, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. 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 52-week low of $58.75 and a 52-week high of $77.24. The stock's fifty day simple moving average is $65.31 and its two-hundred day simple moving average is $66.92.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its 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 net margin of 12.15% and a return on equity of 28.53%. Research analysts expect that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The business 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 represents a $2.48 dividend on an annualized basis and a dividend yield of 4.18%. 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. Restaurant Brands International's payout ratio is currently 77.99%.

Analysts Set New Price Targets

QSR has been the subject of a number of analyst reports. Argus raised Restaurant Brands International from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. CIBC cut their target price on shares of Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. TD Cowen cut shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target on the stock. in a research note on Friday, February 14th. Guggenheim lifted their price target on shares of Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, April 4th. Finally, Citigroup upped their price objective on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, Restaurant Brands International presently has a consensus rating of "Moderate Buy" and a consensus target price of $76.63.

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.