Capital International Ltd. CA Buys 14,548 Shares of Restaurant Brands International Inc. (NYSE:QSR)

Capital International Ltd. CA boosted its holdings in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,711 shares of the restaurant operator's stock after acquiring an additional 14,548 shares during the quarter. Capital International Ltd. CA owned 0.06% of Restaurant Brands International worth $12,170,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in QSR. BNP Paribas Financial Markets grew its stake in shares of Restaurant Brands International by 17.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,754 shares of the restaurant operator's stock valued at $126,000 after purchasing an additional 265 shares during the period. HighTower Advisors LLC raised its stake in Restaurant Brands International by 6.3% during the third quarter. HighTower Advisors LLC now owns 9,040 shares of the restaurant operator's stock worth $658,000 after acquiring an additional 537 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Restaurant Brands International by 112.1% during the third quarter. Wellington Management Group LLP now owns 17,965 shares of the restaurant operator's stock valued at $1,298,000 after acquiring an additional 9,496 shares during the period. MML Investors Services LLC grew its stake in Restaurant Brands International by 5.5% during the third quarter. MML Investors Services LLC now owns 9,066 shares of the restaurant operator's stock worth $654,000 after buying an additional 476 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in Restaurant Brands International during the third quarter worth about $1,851,000. Institutional investors and hedge funds own 82.29% of the company's stock.

Insiders Place Their Bets

In other news, CFO Sami A. Siddiqui sold 12,500 shares of Restaurant Brands International stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the sale, the chief financial officer now directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 sale, the chief executive officer now owns 848,578 shares in the company, valued at $52,908,838.30. The trade was a 9.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 278,716 shares of company stock worth $17,740,281 in the last three months. 1.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on QSR. JPMorgan Chase & Co. reduced their price target on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a research report on Thursday, March 20th. Guggenheim increased their price target on shares of Restaurant Brands International from $71.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, April 4th. Robert W. Baird dropped their price objective on shares of Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Jefferies Financial Group decreased their price objective on Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 30th. Finally, Barclays decreased their price target on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $76.25.

Restaurant Brands International Stock Performance

NYSE QSR traded down $0.89 during trading on Wednesday, hitting $62.98. 608,332 shares of the company's stock traded hands, compared to its average volume of 1,840,995. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 1.77 and a beta of 0.72. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The business has a 50 day moving average of $65.00 and a 200-day moving average of $66.29. Restaurant Brands International Inc. has a 12-month low of $58.71 and a 12-month high of $77.24.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last announced its quarterly 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 net margin of 12.15% and a return on equity of 28.53%. As a group, equities research analysts anticipate that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.94%. 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 dividend payout ratio is 77.99%.

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.