Capital International Inc. CA Acquires 18,523 Shares of Restaurant Brands International Inc. $QSR

Capital International Inc. CA boosted its holdings in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 8.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 239,219 shares of the restaurant operator’s stock after purchasing an additional 18,523 shares during the period. Capital International Inc. CA’s holdings in Restaurant Brands International were worth $16,322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QSR. Hillsdale Investment Management Inc. grew its holdings in Restaurant Brands International by 23,154.1% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 39,532 shares of the restaurant operator’s stock worth $2,535,000 after acquiring an additional 39,362 shares during the period. UBS Group AG grew its holdings in Restaurant Brands International by 37.0% during the 4th quarter. UBS Group AG now owns 1,408,839 shares of the restaurant operator’s stock worth $96,125,000 after acquiring an additional 380,635 shares during the period. Geode Capital Management LLC grew its holdings in Restaurant Brands International by 6.0% during the 4th quarter. Geode Capital Management LLC now owns 5,216,985 shares of the restaurant operator’s stock worth $365,279,000 after acquiring an additional 295,935 shares during the period. EdgePoint Investment Group Inc. grew its holdings in Restaurant Brands International by 15.4% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 14,903,208 shares of the restaurant operator’s stock worth $955,855,000 after acquiring an additional 1,983,354 shares during the period. Finally, Fiera Capital Corp grew its holdings in Restaurant Brands International by 17.2% during the 3rd quarter. Fiera Capital Corp now owns 4,946,163 shares of the restaurant operator’s stock worth $317,191,000 after acquiring an additional 724,540 shares during the period. 82.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Joshua Kobza sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $75.05, for a total value of $15,010,000.00. Following the completion of the sale, the chief executive officer directly owned 960,769 shares in the company, valued at $72,105,713.45. This trade represents a 17.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jill Granat sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $75.09, for a total transaction of $1,877,250.00. Following the completion of the transaction, the insider directly owned 478,845 shares in the company, valued at approximately $35,956,471.05. The trade was a 4.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 350,000 shares of company stock worth $26,198,650 over the last 90 days. 1.22% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the company. KeyCorp increased their price target on Restaurant Brands International from $78.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Weiss Ratings upgraded Restaurant Brands International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. BMO Capital Markets decreased their price target on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating for the company in a report on Friday, February 13th. CL King set a $81.00 price target on Restaurant Brands International in a report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $86.00 price target on shares of Restaurant Brands International in a report on Thursday, May 7th. Seventeen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $83.54.

Restaurant Brands International Stock Performance

Shares of QSR opened at $72.60 on Monday. The company has a debt-to-equity ratio of 2.55, a current ratio of 0.99 and a quick ratio of 0.90. The stock has a 50-day moving average of $76.61 and a 200-day moving average of $72.38. The company has a market cap of $25.22 billion, a PE ratio of 25.56, a P/E/G ratio of 1.88 and a beta of 0.49. Restaurant Brands International Inc. has a one year low of $61.33 and a one year high of $81.96.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.24 billion. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $0.75 EPS. On average, equities research analysts predict that Restaurant Brands International Inc. will post 4.07 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 23rd will be paid a $0.65 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $2.60 annualized dividend and a dividend yield of 3.6%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 91.55%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.