Janus Henderson Group PLC Has $27.83 Million Stake in Restaurant Brands International Inc. (NYSE:QSR)

Janus Henderson Group PLC lifted its stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 15.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 426,915 shares of the restaurant operator's stock after buying an additional 55,942 shares during the period. Janus Henderson Group PLC owned approximately 0.13% of Restaurant Brands International worth $27,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in QSR. Dunhill Financial LLC boosted its stake in shares of Restaurant Brands International by 100.0% in the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock valued at $26,000 after buying an additional 200 shares during the period. Venturi Wealth Management LLC raised its position in Restaurant Brands International by 213.6% during the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 314 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Restaurant Brands International during the fourth quarter valued at approximately $32,000. IFP Advisors Inc raised its position in Restaurant Brands International by 183.9% during the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after purchasing an additional 412 shares in the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new position in Restaurant Brands International during the fourth quarter valued at approximately $60,000. 82.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. TD Securities restated a "hold" rating and set a $70.00 price objective on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Citigroup lowered their price objective on shares of Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Truist Financial lowered their price objective on shares of Restaurant Brands International from $83.00 to $78.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Guggenheim boosted their price objective on shares of Restaurant Brands International from $71.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, April 4th. Finally, UBS Group lowered 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. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $75.65.

Restaurant Brands International Trading Down 0.3%

Restaurant Brands International stock traded down $0.23 during trading hours on Tuesday, reaching $71.13. 346,218 shares of the company's stock were exchanged, compared to its average volume of 1,858,909. 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 firm's 50 day simple moving average is $65.45 and its 200 day simple moving average is $65.67. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $75.07. The firm has a market capitalization of $23.30 billion, a PE ratio of 22.38, a PEG ratio of 1.77 and a beta of 0.60.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings results 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 return on equity of 28.53% and a net margin of 12.15%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. The business's revenue was up 21.3% on a year-over-year basis. Research analysts predict that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th will be paid a $0.62 dividend. The ex-dividend date is Tuesday, June 24th. This represents a $2.48 annualized dividend and a dividend yield of 3.49%. Restaurant Brands International's dividend payout ratio is presently 84.07%.

Insider Activity

In other news, insider Duncan Fulton sold 15,974 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.48, for a total value of $998,055.52. Following the completion of the sale, the insider now directly owns 45,248 shares in the company, valued at $2,827,095.04. This trade represents a 26.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Joshua Kobza sold 93,619 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.35, for a total value of $5,837,144.65. Following the completion of the sale, the chief executive officer now owns 848,578 shares of the company's stock, valued at approximately $52,908,838.30. This represents a 9.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 278,716 shares of company stock worth $17,740,281 in the last three months. Company insiders own 1.36% of the company's stock.

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.