Advisor Resource Council Takes Position in Restaurant Brands International Inc. (NYSE:QSR)

Advisor Resource Council bought a new stake in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,992 shares of the restaurant operator's stock, valued at approximately $333,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Inkwell Capital LLC purchased a new position in shares of Restaurant Brands International during the 4th quarter worth $3,370,000. Aviso Financial Inc. raised its stake in Restaurant Brands International by 4.1% during the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock worth $61,384,000 after acquiring an additional 37,241 shares during the period. Baupost Group LLC MA increased its stake in shares of Restaurant Brands International by 10,155.5% in the fourth 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. SBI Securities Co. Ltd. purchased a new stake in shares of Restaurant Brands International in the fourth quarter worth $32,000. Finally, Dana Investment Advisors Inc. lifted its stake in shares of Restaurant Brands International by 5.4% during the 4th quarter. Dana Investment Advisors Inc. now owns 173,259 shares of the restaurant operator's stock valued at $11,293,000 after buying an additional 8,873 shares in the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Restaurant Brands International

In related news, insider Jacqueline Friesner sold 70,000 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $70.08, for a total value of $4,905,600.00. Following the completion of the sale, the insider now directly owns 182,897 shares of the company's stock, valued at $12,817,421.76. This represents a 27.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.36% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Loop Capital reaffirmed a "buy" rating on shares of Restaurant Brands International in a research note on Thursday. Scotiabank upgraded Restaurant Brands International to a "hold" rating and set a $75.00 price objective for the company in a research report on Wednesday, June 18th. CIBC reduced their target price on Restaurant Brands International from $78.00 to $77.00 and set an "outperformer" rating on the stock in a report on Friday, May 9th. Truist Financial dropped their price target on Restaurant Brands International from $83.00 to $78.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, UBS Group cut their price target on Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating for the company in a report on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $75.68.

Restaurant Brands International Trading Down 0.3%

Shares of NYSE:QSR traded down $0.17 on Friday, hitting $65.38. 27,495,624 shares of the company's stock were exchanged, compared to its average volume of 2,076,631. The stock has a market capitalization of $21.43 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 1.93 and a beta of 0.61. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $75.07. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.96 and a quick ratio of 0.90. The business's 50 day simple moving average is $67.70 and its two-hundred day simple moving average is $65.67.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last announced its quarterly earnings data on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.17 billion. Restaurant Brands International had a net margin of 10.82% and a return on equity of 28.94%. The company's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 EPS. Analysts anticipate that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Tuesday, June 24th. Restaurant Brands International's payout ratio is 84.07%.

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.