Fiduciary Family Office LLC Has $645,000 Stake in Restaurant Brands International Inc. $QSR

Key Points

• Fiduciary Family Office LLC has reduced its stake in Restaurant Brands International Inc. by 41.6%, now holding shares worth $645,000 after selling 6,942 shares in the second quarter.
• Institutional investors own 82.29% of Restaurant Brands International, with multiple hedge funds increasing their positions during the first quarter.
• The company's recent earnings report revealed a net margin of 9.43% and a revenue increase of 15.9% year-over-year, despite posting an EPS of $0.94, which missed estimates.

Fiduciary Family Office LLC lowered its stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 41.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,726 shares of the restaurant operator's stock after selling 6,942 shares during the period. Fiduciary Family Office LLC's holdings in Restaurant Brands International were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Farther Finance Advisors LLC raised its stake in shares of Restaurant Brands International by 76.8% in the 1st quarter. Farther Finance Advisors LLC now owns 992 shares of the restaurant operator's stock valued at $67,000 after acquiring an additional 431 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Restaurant Brands International by 4.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 25,655 shares of the restaurant operator's stock valued at $1,710,000 after purchasing an additional 1,010 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Restaurant Brands International by 8.7% in the first quarter. Janney Montgomery Scott LLC now owns 5,889 shares of the restaurant operator's stock valued at $392,000 after purchasing an additional 470 shares during the period. Sowell Financial Services LLC bought a new position in shares of Restaurant Brands International in the first quarter valued at approximately $206,000. Finally, Advisor Resource Council acquired a new stake in shares of Restaurant Brands International in the first quarter worth $333,000. Institutional investors and hedge funds own 82.29% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Northcoast Research downgraded shares of Restaurant Brands International from a "buy" rating to a "neutral" rating in a report on Friday, September 12th. Loop Capital reaffirmed a "buy" rating on shares of Restaurant Brands International in a research report on Thursday, June 26th. Argus cut Restaurant Brands International from a "buy" rating to a "hold" rating in a research report on Friday, August 15th. Morgan Stanley decreased their target price on Restaurant Brands International from $73.00 to $72.00 and set an "equal weight" rating for the company in a research note on Monday, July 14th. Finally, Barclays dropped their price target on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Eleven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Restaurant Brands International presently has a consensus rating of "Hold" and an average price target of $75.21.

Restaurant Brands International Stock Up 0.6%

QSR stock opened at $67.77 on Tuesday. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $74.09. 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 company has a market cap of $22.21 billion, a PE ratio of 25.67, a price-to-earnings-growth ratio of 2.93 and a beta of 0.65. The business's 50-day simple moving average is $64.83 and its 200 day simple moving average is $66.33.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings results on Thursday, August 7th. The restaurant operator reported $0.94 EPS for the quarter, missing the consensus estimate 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 last year, the company earned $0.86 EPS. The company's revenue was up 15.9% on a year-over-year basis. On average, research analysts anticipate that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 23rd were paid a dividend of $0.62 per share. The ex-dividend date was Tuesday, September 23rd. This represents a $2.48 dividend on an annualized basis and a yield of 3.7%. Restaurant Brands International's payout ratio is currently 93.94%.

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.

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