UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stock Holdings in Restaurant Brands International Inc. (NYSE:QSR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 24.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 239,126 shares of the restaurant operator's stock after selling 75,803 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.07% of Restaurant Brands International worth $15,586,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QSR. Capital World Investors grew its stake in Restaurant Brands International by 2.0% in the 4th quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator's stock valued at $2,829,974,000 after buying an additional 841,167 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Restaurant Brands International by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 13,165,498 shares of the restaurant operator's stock worth $858,101,000 after acquiring an additional 421,873 shares during the period. EdgePoint Investment Group Inc. grew its position in shares of Restaurant Brands International by 26.6% in the fourth quarter. EdgePoint Investment Group Inc. now owns 12,819,570 shares of the restaurant operator's stock valued at $834,478,000 after purchasing an additional 2,695,071 shares in the last quarter. Norges Bank bought a new stake in shares of Restaurant Brands International during the 4th quarter valued at $264,813,000. Finally, Meritage Group LP raised its stake in shares of Restaurant Brands International by 5,795.9% during the 4th quarter. Meritage Group LP now owns 3,301,689 shares of the restaurant operator's stock valued at $215,204,000 after purchasing an additional 3,245,689 shares during the period. Hedge funds and other institutional investors own 82.29% of the company's stock.

Restaurant Brands International Trading Down 0.4%

Shares of Restaurant Brands International stock traded down $0.28 during trading on Tuesday, reaching $71.72. The company's stock had a trading volume of 1,475,614 shares, compared to its average volume of 1,890,438. 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 52-week low of $58.71 and a 52-week high of $75.07. The firm's 50-day moving average is $66.22 and its two-hundred day moving average is $65.89. The company has a market cap of $23.50 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 1.77 and a beta of 0.60.

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 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The company had revenue of $2.03 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same period last year, the company posted $0.73 EPS. The business's revenue for the quarter was up 21.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 24th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend is Tuesday, June 24th. Restaurant Brands International's dividend payout ratio (DPR) is presently 84.07%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wells Fargo & Company reduced their target price on Restaurant Brands International from $69.00 to $66.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Citigroup decreased their target price on shares of Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. UBS Group cut 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 report on Monday, May 5th. CIBC reduced their price target on shares of Restaurant Brands International from $78.00 to $77.00 and set an "outperformer" rating for the company in a research report on Friday, May 9th. Finally, TD Cowen downgraded Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price objective on the stock. in a research report on Friday, February 14th. 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, Restaurant Brands International presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.91.

Insider Buying and Selling at Restaurant Brands International

In other news, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the transaction, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at approximately $16,023,731.36. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jacqueline Friesner sold 70,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $70.08, for a total value of $4,905,600.00. Following the transaction, the insider now owns 182,897 shares of the company's stock, valued at approximately $12,817,421.76. This represents a 27.68% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.36% of the company's stock.

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.