Oxford Asset Management LLP Buys Shares of 6,695 Restaurant Brands International Inc. (NYSE:QSR)

Oxford Asset Management LLP bought a new position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,695 shares of the restaurant operator's stock, valued at approximately $436,000.

A number of other hedge funds have also bought and sold shares of the stock. Venturi Wealth Management LLC grew its holdings in shares of Restaurant Brands International by 213.6% during the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock valued at $30,000 after buying an additional 314 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Restaurant Brands International in the fourth quarter valued at about $32,000. IFP Advisors Inc raised its stake in shares of Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after purchasing an additional 412 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth about $60,000. Finally, Capital Analysts LLC boosted its position in Restaurant Brands International by 24.3% in the fourth quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator's stock valued at $62,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 82.29% of the company's stock.

Insider Transactions at Restaurant Brands International

In related news, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the sale, the chief financial officer now directly owns 235,228 shares in the company, valued at approximately $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 accessible through this link. Also, insider Duncan Fulton sold 15,974 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the transaction, the insider now owns 45,248 shares in the company, valued at $2,827,095.04. The trade was a 26.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 278,716 shares of company stock worth $17,740,281 in the last quarter. Company insiders own 1.36% of the company's stock.

Restaurant Brands International Price Performance

Shares of NYSE:QSR traded up $0.79 during midday trading on Friday, hitting $66.04. The company's stock had a trading volume of 919,317 shares, compared to its average volume of 1,836,097. Restaurant Brands International Inc. has a 12-month low of $58.71 and a 12-month high of $76.49. The company has a market cap of $21.63 billion, a P/E ratio of 20.76, 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 quick ratio of 0.94 and a current ratio of 1.02. The business's 50 day simple moving average is $64.98 and its 200 day simple moving average is $65.99.

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 earnings per share for the quarter, missing the consensus estimate 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, analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.76%. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

Analysts Set New Price Targets

QSR has been the subject of several research reports. TD Securities restated a "hold" rating and set a $70.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, February 25th. Morgan Stanley decreased their target price on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. JPMorgan Chase & Co. lowered their price target on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a report on Thursday, March 20th. Citigroup reduced their price objective on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Finally, Argus upgraded Restaurant Brands International from a "hold" rating to a "buy" rating in a research note on Wednesday, March 19th. One equities 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 company. Based on data from MarketBeat.com, Restaurant Brands International has an average rating of "Hold" and a consensus target price of $75.27.

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.