Capital Analysts LLC Increases Stock Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Capital Analysts LLC grew its position in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 316.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 766 shares of the restaurant operator’s stock after buying an additional 582 shares during the quarter. Capital Analysts LLC’s holdings in Restaurant Brands International were worth $60,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Aspire Private Capital LLC increased its position in Restaurant Brands International by 175.9% during the 4th quarter. Aspire Private Capital LLC now owns 298 shares of the restaurant operator’s stock worth $19,271,660,000 after purchasing an additional 190 shares in the last quarter. Pacifica Partners Inc. increased its position in Restaurant Brands International by 196.0% during the 4th quarter. Pacifica Partners Inc. now owns 370 shares of the restaurant operator’s stock worth $27,000 after purchasing an additional 245 shares in the last quarter. Rise Advisors LLC increased its position in Restaurant Brands International by 88.3% during the 4th quarter. Rise Advisors LLC now owns 371 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 174 shares in the last quarter. Fifth Third Bancorp increased its position in Restaurant Brands International by 209.0% during the 4th quarter. Fifth Third Bancorp now owns 411 shares of the restaurant operator’s stock worth $32,000 after purchasing an additional 278 shares in the last quarter. Finally, Janiczek Wealth Management LLC purchased a new stake in Restaurant Brands International during the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Insider Buying and Selling

In related news, CEO Joshua Kobza sold 36,371 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total transaction of $2,773,652.46. Following the completion of the transaction, the chief executive officer now directly owns 471,746 shares in the company, valued at approximately $35,975,349.96. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, CEO Joshua Kobza sold 36,371 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total value of $2,773,652.46. Following the completion of the transaction, the chief executive officer now owns 471,746 shares of the company’s stock, valued at $35,975,349.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Matthew Dunnigan sold 14,565 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $76.26, for a total value of $1,110,726.90. Following the completion of the transaction, the chief financial officer now directly owns 55,863 shares of the company’s stock, valued at approximately $4,260,112.38. The disclosure for this sale can be found here. Insiders sold a total of 380,200 shares of company stock worth $28,828,182 in the last three months. 1.25% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on QSR shares. Truist Financial dropped their price objective on Restaurant Brands International from $89.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, February 14th. Oppenheimer raised their price target on Restaurant Brands International from $83.00 to $89.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. JPMorgan Chase & Co. raised their price target on Restaurant Brands International from $78.00 to $82.00 and gave the stock an “overweight” rating in a research note on Friday, February 16th. Stephens reissued an “equal weight” rating and issued a $75.00 price target on shares of Restaurant Brands International in a research note on Tuesday, February 13th. Finally, Evercore raised their price target on Restaurant Brands International from $88.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Restaurant Brands International presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.25.

Restaurant Brands International Stock Performance

Restaurant Brands International stock opened at $71.42 on Friday. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.94 and a current ratio of 1.01. The firm has a market capitalization of $22.60 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.13 and a beta of 0.91. Restaurant Brands International Inc. has a one year low of $61.77 and a one year high of $83.29. The stock’s 50 day moving average price is $77.01 and its 200 day moving average price is $73.86.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Tuesday, February 13th. The restaurant operator reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.02. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.80 billion. Restaurant Brands International had a return on equity of 32.20% and a net margin of 16.95%. The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 EPS. As a group, sell-side analysts expect that Restaurant Brands International Inc. will post 3.4 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were paid a dividend of $0.58 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.55. This represents a $2.32 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend was Wednesday, March 20th. Restaurant Brands International’s dividend payout ratio is presently 61.54%.

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.