Invesco Ltd. Increases Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Invesco Ltd. increased its position in shares of Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 467,455 shares of the restaurant operator's stock after purchasing an additional 23,504 shares during the quarter. Invesco Ltd. owned approximately 0.14% of Restaurant Brands International worth $30,469,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC boosted its stake in shares of Restaurant Brands International by 213.6% in the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock worth $30,000 after buying an additional 314 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Restaurant Brands International in the fourth quarter worth $32,000. IFP Advisors Inc grew its stake in Restaurant Brands International by 183.9% in the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after purchasing an additional 412 shares during the period. Physician Wealth Advisors Inc. purchased a new stake in shares of Restaurant Brands International during the 4th quarter valued at $60,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Restaurant Brands International during the 4th quarter valued at $74,000. 82.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

QSR has been the subject of several research reports. Morgan Stanley reduced their price target on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Stifel Nicolaus decreased their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating for the company in a research note on Friday, January 10th. Loop Capital reiterated a "buy" rating on shares of Restaurant Brands International in a research note on Tuesday, March 18th. Citigroup reduced their price objective on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. lowered their target price on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a research note on Thursday, March 20th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $76.25.

Insider Activity

In related news, CEO Joshua Kobza sold 93,619 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.35, for a total transaction of $5,837,144.65. Following the completion of the sale, the chief executive officer now directly owns 848,578 shares in the company, valued at $52,908,838.30. This represents a 9.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Sami A. Siddiqui sold 18,477 shares of Restaurant Brands International stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.35, for a total value of $1,152,040.95. Following the completion of the transaction, the chief financial officer now directly owns 55,761 shares in the company, valued at $3,476,698.35. This trade represents a 24.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 278,716 shares of company stock valued at $17,740,281. 1.36% of the stock is currently owned by insiders.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock traded up $0.22 during trading on Wednesday, hitting $64.09. 245,642 shares of the stock traded hands, compared to its average volume of 2,248,141. The stock has a market cap of $21.00 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.77 and a beta of 0.72. 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 $77.24. The firm's fifty day moving average is $65.00 and its 200-day moving average is $66.29.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. Research analysts expect that Restaurant Brands International Inc. will post 3.72 EPS 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 annualized dividend and a yield of 3.87%. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. The ex-dividend date was Friday, March 21st. Restaurant Brands International's dividend payout ratio is presently 77.99%.

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.