Restaurant Brands International Inc. (NYSE:QSR) Shares Bought by Metis Global Partners LLC

Metis Global Partners LLC grew its stake in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,941 shares of the restaurant operator’s stock after buying an additional 415 shares during the quarter. Metis Global Partners LLC’s holdings in Restaurant Brands International were worth $843,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Farther Finance Advisors LLC raised its position in Restaurant Brands International by 79.4% during the third quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator’s stock valued at $30,000 after acquiring an additional 185 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Restaurant Brands International by 213.6% during the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 314 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Restaurant Brands International by 183.9% during the 4th 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. Plato Investment Management Ltd acquired a new position in shares of Restaurant Brands International in the 3rd quarter valued at $61,000. Finally, Crewe Advisors LLC purchased a new stake in Restaurant Brands International during the fourth quarter worth $74,000. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Trading Up 0.9 %

Shares of Restaurant Brands International stock opened at $65.43 on Wednesday. Restaurant Brands International Inc. has a 1-year low of $59.67 and a 1-year high of $83.29. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The stock has a market cap of $21.26 billion, a P/E ratio of 20.57, a P/E/G ratio of 1.77 and a beta of 0.93. The stock’s 50 day simple moving average is $63.41 and its 200-day simple moving average is $67.47.

Restaurant Brands International (NYSE:QSR) (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%. Analysts predict that Restaurant Brands International Inc. will post 3.72 EPS 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 is a boost from Restaurant Brands International’s previous quarterly dividend of $0.58. The ex-dividend date is Friday, March 21st. This represents a $2.48 annualized dividend and a dividend yield of 3.79%. Restaurant Brands International’s dividend payout ratio is 77.99%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on QSR shares. Argus downgraded shares of Restaurant Brands International from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. KeyCorp reduced their price target on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Wednesday, November 6th. Evercore ISI lowered their price target on Restaurant Brands International from $93.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. TD Cowen cut Restaurant Brands International from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a research report on Friday, February 14th. Finally, Royal Bank of Canada decreased their target price on Restaurant Brands International from $95.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, Restaurant Brands International currently has a consensus rating of “Hold” and an average price target of $77.33.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, insider Thiago T. Santelmo sold 3,511 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the transaction, the insider now owns 32,937 shares of the company’s stock, valued at $2,114,555.40. This represents a 9.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Duncan Fulton sold 15,974 shares of Restaurant Brands International stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total transaction of $998,055.52. Following the sale, the insider now owns 45,248 shares of the company’s stock, valued at approximately $2,827,095.04. This represents a 26.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 379,726 shares of company stock worth $24,662,800 in the last 90 days. 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.