Barclays PLC Increases Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Barclays PLC increased its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 45.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,320 shares of the restaurant operator's stock after buying an additional 15,969 shares during the period. Barclays PLC's holdings in Restaurant Brands International were worth $3,345,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Inkwell Capital LLC acquired a new stake in Restaurant Brands International during the 4th quarter valued at approximately $3,370,000. Summerhill Capital Management lnc. acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth $841,000. Aviso Financial Inc. increased its position in shares of Restaurant Brands International by 4.1% during the fourth quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock worth $61,384,000 after buying an additional 37,241 shares during the period. Baskin Financial Services Inc. raised its stake in Restaurant Brands International by 2.8% during the fourth quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock worth $21,664,000 after buying an additional 9,208 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Restaurant Brands International in the fourth quarter valued at $32,000. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Duncan Fulton sold 15,974 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.48, for a total transaction of $998,055.52. Following the sale, the insider now owns 45,248 shares of the company's stock, valued at approximately $2,827,095.04. This represents a 26.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Sami A. Siddiqui sold 18,477 shares of Restaurant Brands International stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.35, for a total value of $1,152,040.95. Following the sale, the chief financial officer now directly owns 55,761 shares of the company's stock, valued at $3,476,698.35. This represents a 24.89 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 278,716 shares of company stock valued at $17,740,281. Company insiders own 1.36% of the company's stock.

Analyst Upgrades and Downgrades

QSR has been the subject of a number of recent analyst reports. Guggenheim increased their price target on Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, April 4th. Argus raised Restaurant Brands International from a "hold" rating to a "buy" rating in a research note on Wednesday, March 19th. TD Cowen downgraded Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 target price for the company. in a report on Friday, February 14th. Morgan Stanley dropped 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 report on Tuesday, January 21st. Finally, Jefferies Financial Group reduced their price objective on Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating for the company in a research note on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $76.04.

Restaurant Brands International Stock Performance

QSR stock traded up $0.69 during mid-day trading on Wednesday, hitting $64.50. The company had a trading volume of 1,446,993 shares, compared to its average volume of 1,840,152. 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 firm has a market cap of $21.13 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $76.49. The stock's fifty day moving average price is $64.91 and its two-hundred day moving average price is $66.04.

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, analysts forecast 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. Shareholders of record on Friday, March 21st were issued a dividend of $0.62 per share. The ex-dividend date was Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.84%. Restaurant Brands International's dividend payout ratio is 77.99%.

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.