Signaturefd LLC Purchases 210 Shares of Restaurant Brands International Inc. (NYSE:QSR)

Signaturefd LLC increased its stake in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 3.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,687 shares of the restaurant operator’s stock after acquiring an additional 210 shares during the period. Signaturefd LLC’s holdings in Restaurant Brands International were worth $436,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Corient Private Wealth LLC raised its holdings in Restaurant Brands International by 166.4% during the fourth quarter. Corient Private Wealth LLC now owns 20,475 shares of the restaurant operator’s stock worth $1,335,000 after acquiring an additional 12,789 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in Restaurant Brands International by 2.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,103 shares of the restaurant operator’s stock worth $919,000 after acquiring an additional 313 shares in the last quarter. Aviso Financial Inc. raised its holdings in Restaurant Brands International by 4.1% during the fourth quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator’s stock worth $61,384,000 after acquiring an additional 37,241 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Restaurant Brands International by 5.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 4,899 shares of the restaurant operator’s stock worth $319,000 after acquiring an additional 233 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Restaurant Brands International by 5.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 145,493 shares of the restaurant operator’s stock worth $9,478,000 after acquiring an additional 7,704 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Insider Activity

In other news, insider Duncan Fulton sold 27,500 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $64.66, for a total value of $1,778,150.00. Following the completion of the transaction, the insider now directly owns 34,822 shares in the company, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sami A. Siddiqui sold 5,579 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $358,171.80. Following the completion of the transaction, the chief financial officer now owns 27,266 shares of the company’s stock, valued at $1,750,477.20. The trade was a 16.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 287,726 shares of company stock worth $18,269,723. Insiders own 1.36% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. TD Cowen downgraded Restaurant Brands International from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Friday, February 14th. Morgan Stanley lowered their price target on Restaurant Brands International from $81.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. CIBC lowered their price target on Restaurant Brands International from $86.00 to $78.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Barclays lowered their price target on Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. lowered their price target on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, Restaurant Brands International has an average rating of “Moderate Buy” and an average target price of $77.08.

Restaurant Brands International Stock Down 0.1 %

NYSE QSR opened at $67.93 on Friday. The business has a fifty day moving average price of $64.12 and a two-hundred day moving average price of $67.28. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a fifty-two week low of $59.67 and a fifty-two week high of $81.27. The stock has a market capitalization of $22.08 billion, a PE ratio of 21.36, a PEG ratio of 1.77 and a beta of 0.95.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its 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 return on equity of 28.53% and a net margin of 12.15%. Equities 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 company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.65%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, March 21st. Restaurant Brands International’s dividend payout ratio is presently 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.