Quantinno Capital Management LP Boosts Stock Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Quantinno Capital Management LP raised its position in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 133.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,674 shares of the restaurant operator's stock after buying an additional 22,674 shares during the period. Quantinno Capital Management LP's holdings in Restaurant Brands International were worth $2,586,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Inkwell Capital LLC acquired a new stake in Restaurant Brands International in the 4th quarter worth about $3,370,000. Summerhill Capital Management lnc. acquired a new stake in Restaurant Brands International in the 4th quarter worth about $841,000. Aviso Financial Inc. boosted its holdings in Restaurant Brands International by 4.1% in the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock worth $61,384,000 after buying an additional 37,241 shares during the last quarter. Baskin Financial Services Inc. boosted its holdings in Restaurant Brands International by 2.8% in the 4th quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock worth $21,664,000 after buying an additional 9,208 shares during the last quarter. Finally, Baupost Group LLC MA boosted its holdings in Restaurant Brands International by 10,155.5% in the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator's stock worth $189,133,000 after buying an additional 2,873,406 shares during the last quarter. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, insider Jeffrey Housman sold 14,593 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $64.38, for a total value of $939,497.34. Following the sale, the insider now owns 142,986 shares of the company's stock, valued at $9,205,438.68. The trade was a 9.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total value of $851,500.00. Following the completion of the sale, the chief financial officer now directly owns 235,228 shares in the company, valued at approximately $16,023,731.36. The trade was a 5.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 150,646 shares of company stock valued at $9,753,039 over the last quarter. 1.36% of the stock is owned by company insiders.

Restaurant Brands International Trading Up 0.9%

Shares of QSR stock traded up $0.64 during trading on Friday, hitting $70.07. 1,947,872 shares of the stock traded hands, compared to its average volume of 1,871,605. The firm has a market capitalization of $22.96 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a 52-week low of $58.71 and a 52-week high of $75.07. The firm's fifty day moving average price is $65.70 and its 200-day moving average price is $65.74.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last announced its earnings results on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The firm had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The firm's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. As a group, research analysts forecast that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 24th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date is Tuesday, June 24th. Restaurant Brands International's payout ratio is 84.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Loop Capital reiterated a "buy" rating on shares of Restaurant Brands International in a report on Tuesday, March 18th. Morgan Stanley boosted their target price on Restaurant Brands International from $72.00 to $73.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Robert W. Baird lowered their target price on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Argus upgraded Restaurant Brands International from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. lowered their target price 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. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, Restaurant Brands International presently has an average rating of "Hold" and an average target price of $75.65.

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.