Restaurant Brands International Inc. (NYSE:QSR) Shares Sold by Mariner LLC

Mariner LLC decreased its stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 19.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,542 shares of the restaurant operator's stock after selling 4,087 shares during the quarter. Mariner LLC's holdings in Restaurant Brands International were worth $1,078,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of QSR. Arvest Bank Trust Division purchased a new position in Restaurant Brands International during the third quarter worth $12,053,000. Wilmington Savings Fund Society FSB purchased a new position in Restaurant Brands International during the 3rd quarter valued at $378,000. Wealth Enhancement Advisory Services LLC grew its position in Restaurant Brands International by 4.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,507 shares of the restaurant operator's stock valued at $325,000 after acquiring an additional 210 shares during the last quarter. Avanza Fonder AB purchased a new stake in Restaurant Brands International in the fourth quarter worth $1,299,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Restaurant Brands International by 74.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,325 shares of the restaurant operator's stock worth $86,000 after purchasing an additional 567 shares during the last quarter. Institutional investors own 82.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on QSR. Jefferies Financial Group reduced their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. Barclays decreased their price target on shares of Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating for the company in a research note on Thursday, February 13th. TD Cowen cut Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price objective on the stock. in a research note on Friday, February 14th. Stifel Nicolaus reduced their price objective on Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a report on Friday, January 10th. Finally, TD Securities reiterated a "hold" rating and issued a $70.00 target price on shares of Restaurant Brands International in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, Restaurant Brands International has an average rating of "Hold" and an average target price of $75.27.

Insiders Place Their Bets

In other Restaurant Brands International news, CEO Joshua Kobza sold 93,619 shares of the business's 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 sale, the chief executive officer now owns 848,578 shares in the company, valued at approximately $52,908,838.30. The trade was a 9.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was 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 owns 235,228 shares of the company's stock, valued at approximately $16,023,731.36. The trade was a 5.05 % decrease in their ownership of the stock. 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. Insiders own 1.36% of the company's stock.

Restaurant Brands International Stock Up 0.8 %

QSR traded up $0.52 during trading on Friday, hitting $65.77. The stock had a trading volume of 456,463 shares, compared to its average volume of 1,834,341. The stock has a 50 day simple moving average of $64.98 and a two-hundred day simple moving average of $65.99. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $76.49. The company has a market capitalization of $21.55 billion, a PE ratio of 20.66, a PEG ratio of 1.77 and a beta of 0.72.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. On average, research analysts predict that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Increases Dividend

The business also recently announced 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 3.77%. The ex-dividend date was Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's payout ratio is currently 77.99%.

Restaurant Brands International 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.