Restaurant Brands International Inc. (NYSE:QSR) Shares Bought by Aviso Financial Inc.

Aviso Financial Inc. increased its holdings in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 942,022 shares of the restaurant operator’s stock after buying an additional 37,241 shares during the quarter. Restaurant Brands International comprises approximately 3.1% of Aviso Financial Inc.’s investment portfolio, making the stock its 11th largest holding. Aviso Financial Inc.’s holdings in Restaurant Brands International were worth $61,384,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Summerhill Capital Management lnc. acquired a new stake in shares of Restaurant Brands International during the 4th quarter worth approximately $841,000. Baskin Financial Services Inc. grew its stake in shares of Restaurant Brands International by 2.8% during the 4th quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator’s stock worth $21,664,000 after purchasing an additional 9,208 shares during the period. Alberta Investment Management Corp grew its stake in shares of Restaurant Brands International by 0.7% during the 4th quarter. Alberta Investment Management Corp now owns 914,500 shares of the restaurant operator’s stock worth $59,574,000 after purchasing an additional 6,000 shares during the period. Geode Capital Management LLC grew its stake in shares of Restaurant Brands International by 10.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,379,847 shares of the restaurant operator’s stock worth $101,085,000 after purchasing an additional 126,600 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Restaurant Brands International during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 82.29% of the company’s stock.

Analyst Ratings Changes

QSR has been the topic of a number of recent analyst reports. Stifel Nicolaus decreased their target price on Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a research report on Friday, January 10th. TD Securities reiterated a “hold” rating and set a $70.00 target price on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Morgan Stanley decreased their target price 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. Oppenheimer decreased their target price on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Finally, Argus lowered Restaurant Brands International from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $77.33.

Restaurant Brands International Stock Down 1.4 %

Shares of QSR opened at $65.75 on Friday. Restaurant Brands International Inc. has a 52-week low of $59.67 and a 52-week high of $82.56. The company has a market capitalization of $21.37 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 1.77 and a beta of 0.95. The stock has a fifty day simple moving average of $63.72 and a two-hundred day simple moving average of $67.35. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. As a group, equities analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.77%. This is an increase 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 (DPR) is presently 77.99%.

Insider Buying and Selling

In related news, insider Thiago T. Santelmo sold 3,511 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the completion of the sale, the insider now directly owns 32,937 shares of the company’s stock, valued at approximately $2,114,555.40. This trade represents a 9.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sami A. Siddiqui sold 5,579 shares of Restaurant Brands International stock in a transaction dated 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 directly owns 27,266 shares of the company’s stock, valued at approximately $1,750,477.20. This represents 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 valued at $18,269,723. 1.36% of the stock is currently owned by insiders.

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.