Savoir Faire Capital Management L.P. Boosts Stake in Restaurant Brands International Inc. (NYSE:QSR)

Savoir Faire Capital Management L.P. grew its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 88.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,693 shares of the restaurant operator's stock after acquiring an additional 27,949 shares during the quarter. Restaurant Brands International comprises 1.8% of Savoir Faire Capital Management L.P.'s portfolio, making the stock its 25th biggest position. 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.

A number of other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC raised its stake in shares of Restaurant Brands International by 213.6% in the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock valued at $30,000 after acquiring an additional 314 shares during the period. SBI Securities Co. Ltd. bought a new position in Restaurant Brands International during the 4th quarter valued at $32,000. IFP Advisors Inc grew its position 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 worth $41,000 after acquiring an additional 412 shares in the last quarter. Physician Wealth Advisors Inc. bought a new stake in shares of Restaurant Brands International during the 4th quarter valued at about $60,000. Finally, Crewe Advisors LLC bought a new position in Restaurant Brands International during the 4th quarter worth $74,000. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Stock Down 1.5 %

Shares of QSR stock traded down $0.93 during trading hours on Monday, reaching $62.29. The company had a trading volume of 258,549 shares, compared to its average volume of 1,841,114. The company has a market cap of $20.41 billion, a price-to-earnings ratio of 19.59, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The business has a fifty day simple moving average of $65.10 and a 200-day simple moving average of $66.37. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $77.24. 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 (NYSE:QSR - Get Free Report) TSE: QSR last posted 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, research analysts expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Investors 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. The ex-dividend date of this dividend was Friday, March 21st. This represents a $2.48 annualized dividend and a yield of 3.98%. Restaurant Brands International's dividend payout ratio (DPR) is currently 77.99%.

Insider Buying and Selling

In related news, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the sale, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at $16,023,731.36. This trade represents a 5.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joshua Kobza sold 93,619 shares of the firm's stock in a transaction that occurred on 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 position. The disclosure for this sale can be found here. Insiders sold a total of 278,716 shares of company stock worth $17,740,281 over the last ninety days. 1.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on QSR shares. Morgan Stanley cut their price objective on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 21st. TD Securities restated a "hold" rating and issued a $70.00 price target on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Stifel Nicolaus lowered their price objective on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a research report on Friday, January 10th. JPMorgan Chase & Co. decreased their target price on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research report on Thursday, March 20th. Finally, Citigroup dropped their price target on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. One equities 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's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $76.58.

About Restaurant Brands International

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.