Captrust Financial Advisors Purchases 313 Shares of Restaurant Brands International Inc. (NYSE:QSR)

Captrust Financial Advisors grew its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,713 shares of the restaurant operator’s stock after purchasing an additional 313 shares during the quarter. Captrust Financial Advisors’ holdings in Restaurant Brands International were worth $568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Inkwell Capital LLC bought a new stake in Restaurant Brands International during the fourth quarter valued at approximately $3,370,000. Summerhill Capital Management lnc. purchased a new position in shares of Restaurant Brands International during the 4th quarter worth $841,000. Aviso Financial Inc. grew its position in shares of Restaurant Brands International by 4.1% during the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator’s stock valued at $61,384,000 after acquiring an additional 37,241 shares during the period. Baskin Financial Services Inc. increased its stake in shares of Restaurant Brands International by 2.8% in the 4th quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator’s stock worth $21,664,000 after purchasing an additional 9,208 shares in the last quarter. Finally, Baupost Group LLC MA increased its stake in shares of Restaurant Brands International by 10,155.5% in the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator’s stock worth $189,133,000 after purchasing an additional 2,873,406 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Stock Up 1.4%

Shares of QSR opened at $70.67 on Monday. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The stock has a market capitalization of $23.15 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. Restaurant Brands International Inc. has a 1 year low of $58.71 and a 1 year high of $75.07. The business’s 50 day simple moving average is $65.36 and its 200-day simple moving average is $65.66.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The business had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period in the previous year, the company earned $0.73 EPS. Restaurant Brands International’s revenue for the quarter was up 21.3% compared to the same quarter last year. As a group, equities analysts expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Tuesday, June 24th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Tuesday, June 24th. Restaurant Brands International’s payout ratio is 84.07%.

Insider Activity at Restaurant Brands International

In related news, CEO Joshua Kobza sold 93,619 shares of Restaurant Brands International stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.35, for a total transaction of $5,837,144.65. Following the completion of the transaction, the chief executive officer now directly owns 848,578 shares of the company’s stock, valued at approximately $52,908,838.30. The trade was a 9.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sami A. Siddiqui sold 12,500 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $16,023,731.36. This trade represents a 5.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 278,716 shares of company stock valued at $17,740,281. Insiders own 1.36% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on QSR. Jefferies Financial Group cut their price target on Restaurant Brands International from $73.00 to $67.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price on shares of Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Thursday, March 20th. TD Securities restated a “hold” rating and set a $70.00 target price on shares of Restaurant Brands International in a research note on Tuesday, February 25th. Guggenheim lifted their price target on shares of Restaurant Brands International from $71.00 to $77.00 and gave the company a “buy” rating in a report on Friday, April 4th. Finally, Morgan Stanley increased their price objective on shares of Restaurant Brands International from $72.00 to $73.00 and gave the stock an “equal weight” rating in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $75.65.

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.