Quantinno Capital Management LP Boosts Holdings in Restaurant Brands International Inc. (NYSE:QSR)

Quantinno Capital Management LP grew its stake in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 133.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,674 shares of the restaurant operator’s stock after purchasing an additional 22,674 shares during the quarter. Quantinno Capital Management LP’s holdings in Restaurant Brands International were worth $2,586,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of QSR. Dunhill Financial LLC lifted its holdings in Restaurant Brands International by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Venturi Wealth Management LLC lifted its stake 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 worth $30,000 after purchasing an additional 314 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $32,000. IFP Advisors Inc grew its position in shares of Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator’s stock valued at $41,000 after purchasing an additional 412 shares in the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Restaurant Brands International in the fourth quarter valued at approximately $60,000. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Analyst Upgrades and Downgrades

QSR has been the topic of a number of analyst reports. Guggenheim lifted their price objective on Restaurant Brands International from $71.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, April 4th. Morgan Stanley raised their price objective on shares of Restaurant Brands International from $72.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Friday, May 9th. Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. TD Cowen cut shares of Restaurant Brands International from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research note on Friday, February 14th. Finally, Citigroup lowered their price objective on Restaurant Brands International from $67.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, Restaurant Brands International presently has a consensus rating of “Hold” and an average price target of $75.65.

Restaurant Brands International Price Performance

Shares of NYSE QSR opened at $70.73 on Wednesday. The stock has a market cap of $23.17 billion, a P/E ratio of 22.24, a P/E/G ratio of 1.77 and a beta of 0.60. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $75.07. The stock has a 50 day moving average of $65.55 and a two-hundred day moving average of $65.71. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, May 8th. The restaurant operator reported $0.75 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.03). The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The firm’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS. On average, research analysts forecast that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th will be issued a $0.62 dividend. The ex-dividend date is Tuesday, June 24th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.51%. Restaurant Brands International’s payout ratio is 84.07%.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, insider Duncan Fulton sold 15,974 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the sale, the insider now directly owns 45,248 shares of the company’s stock, valued at $2,827,095.04. This represents a 26.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the sale, the chief financial officer now directly owns 235,228 shares of the company’s stock, valued at $16,023,731.36. The trade was a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 278,716 shares of company stock worth $17,740,281. Company insiders own 1.36% of the company’s stock.

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.