Restaurant Brands International Inc. $QSR Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Restaurant Brands International by 8.3%, owning 116,300 shares valued at approximately $7.7 million as of the latest SEC filing.
• Restaurant Brands International's recent earnings report showed $0.94 EPS, falling short of the consensus estimate of $0.97, despite revenue reaching $2.41 billion, above expectations.
• The company declared a quarterly dividend of $0.62 per share, with a dividend yield of 3.9%, and a payout ratio of 93.94%.

Mn Services Vermogensbeheer B.V. increased its stake in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 8.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,300 shares of the restaurant operator's stock after acquiring an additional 8,900 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Restaurant Brands International were worth $7,699,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. HM Payson & Co. purchased a new position in shares of Restaurant Brands International in the 1st quarter valued at about $26,000. Private Trust Co. NA grew its holdings in shares of Restaurant Brands International by 96.6% in the first quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator's stock valued at $35,000 after purchasing an additional 255 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Restaurant Brands International by 91.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 545 shares of the restaurant operator's stock valued at $35,000 after buying an additional 260 shares during the period. Larson Financial Group LLC lifted its stake in shares of Restaurant Brands International by 438.6% in the 1st quarter. Larson Financial Group LLC now owns 781 shares of the restaurant operator's stock valued at $52,000 after purchasing an additional 636 shares during the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Restaurant Brands International during the 1st quarter worth $56,000. 82.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on QSR shares. Northcoast Research cut shares of Restaurant Brands International from a "buy" rating to a "neutral" rating in a research report on Friday, September 12th. Argus cut shares of Restaurant Brands International from a "buy" rating to a "hold" rating in a research report on Friday, August 15th. Morgan Stanley cut their price objective on Restaurant Brands International from $73.00 to $72.00 and set an "equal weight" rating on the stock in a report on Monday, July 14th. Royal Bank Of Canada reduced their price objective on Restaurant Brands International from $80.00 to $77.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Finally, Barclays reduced their price objective on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Eleven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $75.04.

Restaurant Brands International Stock Performance

NYSE:QSR opened at $63.75 on Friday. The company has a debt-to-equity ratio of 2.69, a current ratio of 1.01 and a quick ratio of 0.95. The firm has a market cap of $20.90 billion, a price-to-earnings ratio of 24.15, a price-to-earnings-growth ratio of 2.71 and a beta of 0.61. The firm's fifty day moving average price is $65.55 and its 200 day moving average price is $66.42. Restaurant Brands International Inc. has a 1-year low of $58.71 and a 1-year high of $74.09.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its 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 return on equity of 29.54% and a net margin of 9.43%.The company had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Restaurant Brands International's revenue for the quarter was up 15.9% on a year-over-year basis. On average, sell-side analysts expect that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 23rd will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 23rd. Restaurant Brands International's dividend payout ratio (DPR) 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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