Restaurant Brands International Inc. $QSR Shares Bought by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. increased its stake in Restaurant Brands International Inc. by 680% in the first quarter, acquiring a total of 14,453 shares valued at approximately $963,000.
• Institutional investors own 82.29% of Restaurant Brands International stock, indicating strong confidence among large financial players.
• The company reported an earnings per share (EPS) of $0.94 for the last quarter, which missed the analysts' consensus estimate of $0.97, despite a revenue increase of 15.9% year-over-year.

Capital Fund Management S.A. raised its stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 680.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,453 shares of the restaurant operator's stock after purchasing an additional 12,600 shares during the quarter. Capital Fund Management S.A.'s holdings in Restaurant Brands International were worth $963,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of QSR. Dunhill Financial LLC grew its stake in shares of Restaurant Brands International by 100.0% in the 4th 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. HM Payson & Co. acquired a new position in Restaurant Brands International during the 1st quarter worth approximately $26,000. Private Trust Co. NA increased its position in Restaurant Brands International by 96.6% during the 1st quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator's stock worth $35,000 after purchasing an additional 255 shares during the period. Larson Financial Group LLC increased its position in Restaurant Brands International by 438.6% during the 1st quarter. Larson Financial Group LLC now owns 781 shares of the restaurant operator's stock worth $52,000 after purchasing an additional 636 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in Restaurant Brands International by 84.5% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 860 shares of the restaurant operator's stock worth $57,000 after purchasing an additional 394 shares during the period. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Trading Up 0.5%

Shares of NYSE:QSR traded up $0.32 during trading on Monday, reaching $63.37. The stock had a trading volume of 1,938,348 shares, compared to its average volume of 2,514,225. The business has a fifty day moving average price of $66.73 and a 200-day moving average price of $66.58. The company has a quick ratio of 0.95, a current ratio of 1.01 and a debt-to-equity ratio of 2.69. The stock has a market cap of $20.77 billion, a P/E ratio of 24.01, a PEG ratio of 2.73 and a beta of 0.62. Restaurant Brands International Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $74.09.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings data on Thursday, August 7th. The restaurant operator reported $0.94 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by ($0.03). Restaurant Brands International had a net margin of 9.43% and a return on equity of 29.54%. The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same period in the prior year, the firm earned $0.86 EPS. The business's quarterly revenue was up 15.9% on a year-over-year basis. As a group, analysts anticipate 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 announced a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Tuesday, September 23rd will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 23rd. Restaurant Brands International's dividend payout ratio is 93.94%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on QSR shares. CIBC dropped their target price on Restaurant Brands International from $78.00 to $77.00 and set an "outperformer" rating on the stock in a research report on Friday, May 9th. Scotiabank dropped their target price on Restaurant Brands International from $75.00 to $71.00 and set a "sector perform" rating on the stock in a research report on Friday, August 8th. UBS Group reduced their price target on shares of Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating for the company in a research report on Monday, May 5th. Melius started coverage on shares of Restaurant Brands International in a research report on Monday, July 14th. They set a "buy" rating and a $90.00 price target for the company. Finally, Loop Capital reiterated a "buy" rating on shares of Restaurant Brands International in a research report on Thursday, June 26th. Eleven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $75.04.

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.