Trexquant Investment LP Makes New $1.12 Million Investment in Restaurant Brands International Inc. (NYSE:QSR)

Trexquant Investment LP purchased a new stake in Restaurant Brands International Inc. (NYSE:QSR - Free Report) TSE: QSR in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 17,104 shares of the restaurant operator's stock, valued at approximately $1,115,000.

Other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC grew its holdings in Restaurant Brands International by 213.6% in the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock valued at $30,000 after buying an additional 314 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Restaurant Brands International during the 4th quarter worth $32,000. IFP Advisors Inc raised its position in shares of Restaurant Brands International by 183.9% in the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after buying an additional 412 shares during the period. Physician Wealth Advisors Inc. acquired a new position in Restaurant Brands International in the fourth quarter valued at $60,000. Finally, Crewe Advisors LLC purchased a new stake in Restaurant Brands International during the fourth quarter valued at about $74,000. Hedge funds and other institutional investors own 82.29% of the company's stock.

Insider Activity

In other Restaurant Brands International news, 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 transaction, the chief executive officer now directly owns 848,578 shares of the company's stock, valued at $52,908,838.30. This trade represents a 9.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sami A. Siddiqui sold 18,477 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.35, for a total transaction of $1,152,040.95. Following the sale, the chief financial officer now directly owns 55,761 shares of the company's stock, valued at approximately $3,476,698.35. This trade represents a 24.89 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 278,716 shares of company stock worth $17,740,281. Corporate insiders own 1.36% of the company's stock.

Restaurant Brands International Stock Performance

Restaurant Brands International stock traded up $0.22 during midday trading on Wednesday, reaching $62.59. 199,790 shares of the company's stock were exchanged, compared to its average volume of 1,837,714. 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 stock's 50-day simple moving average is $65.28 and its 200 day simple moving average is $66.60. The firm has a market cap of $20.48 billion, a price-to-earnings ratio of 19.68, a P/E/G ratio of 1.77 and a beta of 0.72. Restaurant Brands International Inc. has a 52 week low of $58.71 and a 52 week high of $77.24.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released 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%. On average, analysts expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were issued a dividend of $0.62 per share. The ex-dividend date was Friday, March 21st. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a dividend yield of 3.96%. Restaurant Brands International's dividend payout ratio (DPR) is currently 77.99%.

Analyst Upgrades and Downgrades

QSR has been the subject of a number of research reports. Oppenheimer decreased their target price on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. TD Cowen cut Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target for the company. in a report on Friday, February 14th. JPMorgan Chase & Co. dropped their price objective on shares of 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. Morgan Stanley lowered 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 report on Tuesday, January 21st. Finally, Robert W. Baird decreased their price target on Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $76.63.

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.