Campbell & CO Investment Adviser LLC Makes New Investment in Restaurant Brands International Inc. $QSR

Key Points

• Campbell & CO Investment Adviser LLC invested approximately $1.32 million in Restaurant Brands International, acquiring 19,818 shares in the company.
• Restaurant Brands International's stock has a current market cap of $20.58 billion and reported revenue of $2.41 billion for the last quarter, surpassing analyst expectations.
• The company recently declared a dividend of $0.62 per share, representing a 4.0% dividend yield, with a payout ratio of 93.94%.

Campbell & CO Investment Adviser LLC purchased 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 disclosure with the Securities & Exchange Commission. The firm purchased 19,818 shares of the restaurant operator's stock, valued at approximately $1,321,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. HM Payson & Co. purchased a new stake in shares of Restaurant Brands International during the first quarter valued at approximately $26,000. Dunhill Financial LLC lifted its stake in Restaurant Brands International by 100.0% in the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Private Trust Co. NA lifted its stake in Restaurant Brands International by 96.6% in the first quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator's stock valued at $35,000 after purchasing an additional 255 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Restaurant Brands International by 91.2% in the first quarter. Smartleaf Asset Management LLC now owns 545 shares of the restaurant operator's stock valued at $35,000 after purchasing an additional 260 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in Restaurant Brands International by 438.6% in the first quarter. Larson Financial Group LLC now owns 781 shares of the restaurant operator's stock valued at $52,000 after purchasing an additional 636 shares during the last quarter. 82.29% of the stock is owned by hedge funds and other institutional investors.

Restaurant Brands International Stock Performance

Restaurant Brands International stock traded up $0.32 during mid-day trading on Monday, reaching $63.37. The company's stock had a trading volume of 1,938,348 shares, compared to its average volume of 2,514,225. Restaurant Brands International Inc. has a 12-month low of $58.71 and a 12-month high of $74.09. The company has a market capitalization of $20.77 billion, a P/E ratio of 24.01, a PEG ratio of 2.73 and a beta of 0.62. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.95 and a current ratio of 1.01. The firm's fifty day moving average price is $66.73 and its two-hundred day moving average price is $66.58.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its earnings results on Thursday, August 7th. The restaurant operator reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.03). Restaurant Brands International had a return on equity of 29.54% and a net margin of 9.43%.The firm had revenue of $2.41 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter in the prior year, the company earned $0.86 earnings per share. The business's revenue for the quarter was up 15.9% compared to the same quarter last year. Sell-side analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 23rd will be paid a $0.62 dividend. The ex-dividend date is Tuesday, September 23rd. This represents a $2.48 annualized dividend and a yield of 3.9%. Restaurant Brands International's dividend payout ratio is currently 93.94%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on QSR. Piper Sandler dropped their price objective on Restaurant Brands International from $72.00 to $70.00 and set a "neutral" rating on the stock in a research note on Friday, August 8th. UBS Group decreased their price objective 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. Truist Financial lifted their price objective on Restaurant Brands International from $78.00 to $81.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Loop Capital reissued a "buy" rating on shares of Restaurant Brands International in a report on Thursday, June 26th. Finally, Scotiabank reduced their price objective on shares of Restaurant Brands International from $75.00 to $71.00 and set a "sector perform" rating for the company in a research note on Friday, August 8th. Eleven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Restaurant Brands International has a consensus rating of "Hold" and a consensus target price of $75.04.

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.