Roundview Capital LLC Sells 4,900 Shares of Restaurant Brands International Inc. (NYSE:QSR)

Roundview Capital LLC lowered its stake in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 38.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,844 shares of the restaurant operator's stock after selling 4,900 shares during the quarter. Roundview Capital LLC's holdings in Restaurant Brands International were worth $523,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dunhill Financial LLC raised its stake in shares of Restaurant Brands International by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock worth $26,000 after buying an additional 200 shares in the last quarter. HM Payson & Co. bought a new stake in shares of Restaurant Brands International in the 1st quarter worth $26,000. Private Trust Co. NA raised its stake in shares of Restaurant Brands International by 96.6% in the 1st quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator's stock worth $35,000 after buying an additional 255 shares in the last quarter. Larson Financial Group LLC raised 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 worth $52,000 after buying an additional 636 shares in the last quarter. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Restaurant Brands International in the 4th quarter worth $60,000. Institutional investors and hedge funds own 82.29% of the company's stock.

Restaurant Brands International Stock Performance

Restaurant Brands International stock traded down $1.08 during trading hours on Thursday, reaching $70.06. 1,556,392 shares of the company were exchanged, compared to its average volume of 3,470,090. The firm has a market cap of $22.96 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 2.22 and a beta of 0.58. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 2.84. The stock has a 50-day moving average of $68.75 and a 200 day moving average of $65.93. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $74.09.

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 for the quarter, missing the consensus estimate of $0.78 by ($0.03). Restaurant Brands International had a net margin of 10.82% and a return on equity of 28.94%. The business had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the previous year, the company earned $0.73 EPS. Restaurant Brands International's revenue for the quarter was up 21.3% compared to the same quarter last year. As a group, research analysts anticipate that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 8th. Investors of record on Tuesday, June 24th were paid 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 yield of 3.54%. Restaurant Brands International's payout ratio is 84.07%.

Insiders Place Their Bets

In related news, insider Jacqueline Friesner sold 70,000 shares of the 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 completion of the sale, the insider owned 182,897 shares in the company, valued at $12,817,421.76. This represents a 27.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.36% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on QSR. Oppenheimer boosted their price objective on Restaurant Brands International from $77.00 to $80.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 27th. Morgan Stanley cut their target price on Restaurant Brands International from $73.00 to $72.00 and set an "equal weight" rating on the stock in a research report on Monday, July 14th. Guggenheim boosted their target price on Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a research report on Friday, April 4th. UBS Group cut their target price on Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating on the stock in a research report on Monday, May 5th. Finally, Truist Financial boosted their target price on Restaurant Brands International from $78.00 to $81.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. One analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus 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.