Arvest Investments Inc. Takes $1.45 Million Position in Restaurant Brands International Inc. (NYSE:QSR)

Arvest Investments Inc. acquired a new position in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,611 shares of the restaurant operator's stock, valued at approximately $1,454,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aspire Private Capital LLC lifted its holdings in Restaurant Brands International by 175.9% during the fourth quarter. Aspire Private Capital LLC now owns 298 shares of the restaurant operator's stock valued at $19,271,660,000 after purchasing an additional 190 shares in the last quarter. Pacifica Partners Inc. lifted its holdings in Restaurant Brands International by 196.0% during the fourth quarter. Pacifica Partners Inc. now owns 370 shares of the restaurant operator's stock valued at $27,000 after purchasing an additional 245 shares in the last quarter. Rise Advisors LLC lifted its holdings in Restaurant Brands International by 88.3% during the fourth quarter. Rise Advisors LLC now owns 371 shares of the restaurant operator's stock valued at $29,000 after purchasing an additional 174 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Restaurant Brands International by 209.0% during the fourth quarter. Fifth Third Bancorp now owns 411 shares of the restaurant operator's stock valued at $32,000 after purchasing an additional 278 shares in the last quarter. Finally, Janiczek Wealth Management LLC purchased a new position in Restaurant Brands International during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 82.29% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Stifel Nicolaus lifted their price target on shares of Restaurant Brands International from $72.00 to $80.00 and gave the company a "hold" rating in a report on Thursday, January 4th. Evercore boosted their target price on shares of Restaurant Brands International from $88.00 to $93.00 and gave the stock a "buy" rating in a report on Wednesday, February 28th. JPMorgan Chase & Co. boosted their target price on shares of Restaurant Brands International from $78.00 to $82.00 and gave the stock an "overweight" rating in a report on Friday, February 16th. Citigroup lowered their target price on shares of Restaurant Brands International from $83.00 to $81.00 and set a "neutral" rating on the stock in a report on Wednesday, February 14th. Finally, BMO Capital Markets boosted their target price on shares of Restaurant Brands International from $85.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seventeen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $82.30.

Insider Transactions at Restaurant Brands International

In other news, insider Jill Granat sold 80,332 shares of the company's stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $76.20, for a total value of $6,121,298.40. Following the transaction, the insider now directly owns 410,759 shares in the company, valued at $31,299,835.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Matthew Dunnigan sold 46,701 shares of the company's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $75.55, for a total value of $3,528,260.55. Following the completion of the sale, the chief financial officer now directly owns 128,154 shares of the company's stock, valued at $9,682,034.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jill Granat sold 80,332 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $76.20, for a total transaction of $6,121,298.40. Following the sale, the insider now directly owns 410,759 shares of the company's stock, valued at $31,299,835.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 380,200 shares of company stock worth $28,828,182. Insiders own 1.25% of the company's stock.

Restaurant Brands International Trading Down 0.0 %

QSR stock traded down $0.02 during mid-day trading on Friday, reaching $74.55. 1,379,971 shares of the stock traded hands, compared to its average volume of 1,445,492. The business has a 50-day moving average price of $78.24 and a two-hundred day moving average price of $73.48. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.94 and a current ratio of 1.01. The stock has a market capitalization of $23.54 billion, a PE ratio of 19.77, a PEG ratio of 2.31 and a beta of 0.91. Restaurant Brands International Inc. has a one year low of $61.77 and a one year high of $83.29.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings results on Tuesday, February 13th. The restaurant operator reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.02. The firm had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.80 billion. Restaurant Brands International had a net margin of 16.95% and a return on equity of 32.20%. The business's revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.72 earnings per share. Equities research analysts expect that Restaurant Brands International Inc. will post 3.4 EPS for the current year.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were issued a $0.58 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.55. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.11%. Restaurant Brands International's dividend payout ratio is presently 61.54%.

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.