Cwm LLC Purchases 433 Shares of Restaurant Brands International Inc. (NYSE:QSR)

Cwm LLC raised its stake in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 33.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,735 shares of the restaurant operator’s stock after buying an additional 433 shares during the quarter. Cwm LLC’s holdings in Restaurant Brands International were worth $136,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Pacifica Partners Inc. grew its stake in shares of Restaurant Brands International by 196.0% during the 4th quarter. Pacifica Partners Inc. now owns 370 shares of the restaurant operator’s stock worth $27,000 after acquiring an additional 245 shares in the last quarter. Rise Advisors LLC increased its position in shares of Restaurant Brands International by 88.3% in the fourth quarter. Rise Advisors LLC now owns 371 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 174 shares during the last quarter. Oakworth Capital Inc. bought a new stake in Restaurant Brands International during the fourth quarter worth about $30,000. Fifth Third Bancorp boosted its position in Restaurant Brands International by 209.0% during the fourth quarter. Fifth Third Bancorp now owns 411 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 278 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in Restaurant Brands International by 73,500.0% in the third quarter. Larson Financial Group LLC now owns 736 shares of the restaurant operator’s stock valued at $49,000 after purchasing an additional 735 shares in the last quarter. 82.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Matthew Dunnigan sold 46,701 shares of Restaurant Brands International stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $75.55, for a total value of $3,528,260.55. Following the transaction, the chief financial officer now owns 128,154 shares in the company, valued at approximately $9,682,034.70. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Joshua Kobza sold 36,371 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $76.26, for a total value of $2,773,652.46. Following the completion of the transaction, the chief executive officer now owns 471,746 shares of the company’s stock, valued at approximately $35,975,349.96. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Matthew Dunnigan sold 46,701 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $75.55, for a total transaction of $3,528,260.55. Following the sale, the chief financial officer now directly owns 128,154 shares in the company, valued at approximately $9,682,034.70. The disclosure for this sale can be found here. Insiders sold 380,200 shares of company stock worth $28,828,182 over the last three months. Insiders own 1.25% of the company’s stock.

Wall Street Analysts Forecast Growth

QSR has been the subject of several analyst reports. Evercore ISI raised their target price on shares of Restaurant Brands International from $88.00 to $93.00 and gave the company an “outperform” rating in a research note on Wednesday, February 28th. Royal Bank of Canada lowered their price objective on shares of Restaurant Brands International from $91.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 14th. Scotiabank upped their target price on shares of Restaurant Brands International from $80.00 to $81.00 and gave the company an “outperform” rating in a report on Monday, April 29th. Robert W. Baird lifted their price target on Restaurant Brands International from $76.00 to $82.00 and gave the stock a “neutral” rating in a report on Wednesday, May 1st. Finally, Stephens restated an “equal weight” rating and issued a $75.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $83.56.

Restaurant Brands International Stock Performance

QSR opened at $75.83 on Monday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.94 and a current ratio of 1.08. Restaurant Brands International Inc. has a 52-week low of $61.77 and a 52-week high of $83.29. The firm has a market cap of $23.99 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 2.30 and a beta of 0.92. The business’s fifty day moving average is $76.56 and its 200-day moving average is $74.74.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Tuesday, April 30th. The restaurant operator reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.70 billion. Restaurant Brands International had a net margin of 17.17% and a return on equity of 31.12%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. Sell-side analysts expect that Restaurant Brands International Inc. will post 3.37 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Shareholders of record on Friday, June 21st will be given a dividend of $0.58 per share. The ex-dividend date is Friday, June 21st. This represents a $2.32 annualized dividend and a yield of 3.06%. Restaurant Brands International’s dividend payout ratio is currently 59.79%.

About Restaurant Brands International

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.