10,818 Shares in Restaurant Brands International Inc. (NYSE:QSR) Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC acquired a new position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,818 shares of the restaurant operator's stock, valued at approximately $721,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. GeoWealth Management LLC lifted its holdings in Restaurant Brands International by 7.0% during the 4th quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator's stock worth $162,000 after purchasing an additional 163 shares in the last quarter. Capital Analysts LLC lifted its holdings in Restaurant Brands International by 24.3% during the 4th quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator's stock worth $62,000 after purchasing an additional 186 shares in the last quarter. Dunhill Financial LLC lifted its holdings in Restaurant Brands International by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Signaturefd LLC lifted its holdings in Restaurant Brands International by 3.2% during the 4th quarter. Signaturefd LLC now owns 6,687 shares of the restaurant operator's stock worth $436,000 after purchasing an additional 210 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its holdings in Restaurant Brands International by 7.0% during the 4th quarter. Guggenheim Capital LLC now owns 3,438 shares of the restaurant operator's stock worth $224,000 after purchasing an additional 226 shares in the last quarter. Hedge funds and other institutional investors own 82.29% of the company's stock.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock traded up $0.58 during trading on Thursday, hitting $67.83. 464,905 shares of the stock traded hands, compared to its average volume of 2,099,637. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 2.84. The stock has a market cap of $22.23 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 2.02 and a beta of 0.58. The firm's fifty day moving average is $68.46 and its 200-day moving average is $65.66. Restaurant Brands International Inc. has a 52 week low of $58.71 and a 52 week high of $75.07.

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 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.03). The firm 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%. Restaurant Brands International's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 earnings per share. Research analysts expect that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $2.48 annualized dividend and a dividend yield of 3.66%. Restaurant Brands International's dividend payout ratio (DPR) is presently 84.07%.

Insider Transactions at Restaurant Brands International

In related news, insider Jacqueline Friesner sold 70,000 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $70.08, for a total transaction of $4,905,600.00. Following the transaction, the insider directly owned 182,897 shares in the company, valued at $12,817,421.76. This trade represents a 27.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.36% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a report on Thursday, March 20th. UBS Group dropped their price objective on Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Morgan Stanley raised their price target on Restaurant Brands International from $72.00 to $73.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. Wells Fargo & Company lowered their price target on Restaurant Brands International from $69.00 to $66.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Finally, Citigroup lowered their price target on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. 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 MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $75.82.

About Restaurant Brands International

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.