Restaurant Brands International Inc. (NYSE:QSR) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC increased its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 5,469.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,230 shares of the restaurant operator's stock after purchasing an additional 89,592 shares during the quarter. GAMMA Investing LLC's holdings in Restaurant Brands International were worth $6,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of QSR. Dunhill Financial LLC lifted its holdings in shares of Restaurant Brands International by 100.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 200 shares during the period. Venturi Wealth Management LLC lifted its holdings in shares of Restaurant Brands International by 213.6% during the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock worth $30,000 after purchasing an additional 314 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth about $32,000. IFP Advisors Inc lifted its holdings in shares of Restaurant Brands International by 183.9% during the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after purchasing an additional 412 shares during the period. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of Restaurant Brands International during the fourth quarter worth about $60,000. Institutional investors and hedge funds own 82.29% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on QSR. Argus raised Restaurant Brands International from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. TD Cowen downgraded Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target for the company. in a report on Friday, February 14th. Morgan Stanley boosted 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. JPMorgan Chase & Co. decreased their price target on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a report on Thursday, March 20th. Finally, UBS Group decreased their price target 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. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $75.91.

Restaurant Brands International Price Performance

Shares of QSR stock traded down $1.02 during trading hours on Friday, hitting $67.29. 1,830,612 shares of the company's stock were exchanged, compared to its average volume of 1,913,201. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. Restaurant Brands International Inc. has a fifty-two week low of $58.71 and a fifty-two week high of $75.07. The firm has a market cap of $22.05 billion, a P/E ratio of 21.16, a P/E/G ratio of 1.77 and a beta of 0.61. The firm has a 50 day moving average of $66.83 and a two-hundred day moving average of $65.94.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its quarterly earnings data on Thursday, May 8th. The restaurant operator reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The company's revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 earnings per share. Sell-side analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Tuesday, June 24th will be given a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $2.48 annualized dividend and a yield of 3.69%. Restaurant Brands International's payout ratio is 84.07%.

Insider Buying and Selling

In other news, insider Jacqueline Friesner sold 70,000 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $70.08, for a total value of $4,905,600.00. Following the sale, the insider now directly owns 182,897 shares in the company, valued at approximately $12,817,421.76. This trade represents a 27.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction 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 owns 235,228 shares in the company, valued at approximately $16,023,731.36. The trade was a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.36% of the stock is currently owned by company insiders.

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.