Flinton Capital Management LLC decreased its stake in shares of Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) by 44.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,080 shares of the restaurant operator’s stock after selling 2,492 shares during the period. Flinton Capital Management LLC’s holdings in Restaurant Brands International were worth $166,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Jarislowsky Fraser Ltd grew its position in Restaurant Brands International by 7.9% in the fourth quarter. Jarislowsky Fraser Ltd now owns 7,103,810 shares of the restaurant operator’s stock valued at $370,950,000 after purchasing an additional 519,346 shares in the last quarter. FIL Ltd grew its position in Restaurant Brands International by 22.2% in the third quarter. FIL Ltd now owns 7,031,186 shares of the restaurant operator’s stock valued at $416,324,000 after purchasing an additional 1,278,277 shares in the last quarter. Capital World Investors grew its position in Restaurant Brands International by 29.0% in the third quarter. Capital World Investors now owns 6,681,995 shares of the restaurant operator’s stock valued at $396,022,000 after purchasing an additional 1,502,799 shares in the last quarter. Vanguard Group Inc. grew its position in Restaurant Brands International by 3.2% in the third quarter. Vanguard Group Inc. now owns 5,940,528 shares of the restaurant operator’s stock valued at $352,154,000 after purchasing an additional 184,714 shares in the last quarter. Finally, Vanguard Group Inc grew its position in Restaurant Brands International by 3.2% in the third quarter. Vanguard Group Inc now owns 5,940,528 shares of the restaurant operator’s stock valued at $352,154,000 after purchasing an additional 184,714 shares in the last quarter. 82.96% of the stock is owned by institutional investors.

Shares of QSR stock opened at $63.12 on Friday. The firm has a market capitalization of $15.88 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 2.07 and a beta of 1.42. The company has a quick ratio of 1.01, a current ratio of 1.07 and a debt-to-equity ratio of 3.33. Restaurant Brands International Inc has a one year low of $50.20 and a one year high of $65.59.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Monday, February 11th. The restaurant operator reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Restaurant Brands International had a net margin of 11.42% and a return on equity of 30.16%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.66 earnings per share. As a group, equities research analysts predict that Restaurant Brands International Inc will post 2.76 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Friday, March 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 3.17%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.45. Restaurant Brands International’s dividend payout ratio (DPR) is currently 68.44%.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Restaurant Brands International from a “sell” rating to a “hold” rating in a research report on Monday, December 10th. ValuEngine downgraded shares of Restaurant Brands International from a “buy” rating to a “hold” rating in a research report on Saturday, February 23rd. Barclays assumed coverage on shares of Restaurant Brands International in a research report on Friday, March 8th. They issued an “overweight” rating and a $61.27 target price for the company. Robert W. Baird reaffirmed a “buy” rating and issued a $72.00 target price on shares of Restaurant Brands International in a research report on Wednesday, February 13th. Finally, Oppenheimer raised their target price on shares of Restaurant Brands International from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $69.34.

In other news, insider Alexandre Macedo purchased 45,000 shares of the business’s stock in a transaction on Tuesday, February 19th. The stock was purchased at an average price of $64.73 per share, for a total transaction of $2,912,850.00. Following the completion of the purchase, the insider now directly owns 103,773 shares in the company, valued at approximately $6,717,226.29. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joshua Kobza sold 113,577 shares of the stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $64.41, for a total transaction of $7,315,494.57. The disclosure for this sale can be found here. In the last quarter, insiders sold 441,162 shares of company stock valued at $28,000,343. Corporate insiders own 3.78% of the company’s stock.

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Restaurant Brands International Company Profile

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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Institutional Ownership by Quarter for Restaurant Brands International (NYSE:QSR)

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