Hsbc Holdings PLC Has $7.98 Million Stock Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Hsbc Holdings PLC raised its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 33.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,465 shares of the restaurant operator's stock after buying an additional 31,018 shares during the period. Hsbc Holdings PLC's holdings in Restaurant Brands International were worth $7,977,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of QSR. Venturi Wealth Management LLC boosted its position in Restaurant Brands International by 213.6% during the 4th 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. purchased a new stake in shares of Restaurant Brands International in the fourth quarter worth about $32,000. IFP Advisors Inc boosted its position in shares of Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after buying an additional 412 shares during the period. Physician Wealth Advisors Inc. acquired a new stake in shares of Restaurant Brands International in the fourth quarter valued at about $60,000. Finally, Natixis purchased a new stake in shares of Restaurant Brands International during the 4th quarter valued at about $63,000. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Stock Performance

Shares of NYSE:QSR traded up $1.42 during trading on Friday, hitting $66.67. 2,395,726 shares of the company traded hands, compared to its average volume of 1,844,177. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 1.77 and a beta of 0.60. Restaurant Brands International Inc. has a one year low of $58.71 and a one year high of $76.49. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The business's fifty day moving average is $65.03 and its 200-day moving average is $65.88.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. As a group, equities analysts predict that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend was Friday, March 21st. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's payout ratio is 77.99%.

Insider Transactions at Restaurant Brands International

In other news, CFO Sami A. Siddiqui sold 12,500 shares of the 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 transaction, the chief financial officer now directly owns 235,228 shares in the company, valued at $16,023,731.36. This trade represents a 5.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Duncan Fulton sold 15,974 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.48, for a total value of $998,055.52. Following the sale, the insider now directly owns 45,248 shares in the company, valued at approximately $2,827,095.04. The trade was a 26.09 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 278,716 shares of company stock valued at $17,740,281. 1.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Jefferies Financial Group lowered their price objective on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating for the company in a research report on Thursday, January 30th. TD Cowen lowered shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price objective on the stock. in a report on Friday, February 14th. Wells Fargo & Company decreased their price objective on shares of Restaurant Brands International from $69.00 to $66.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Robert W. Baird dropped their target price on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Finally, Oppenheimer reduced their price target on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. 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 currently has an average rating of "Hold" and a consensus price target of $75.27.

About Restaurant Brands International

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.