Stifel Financial Corp decreased its holdings in Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) by 29.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,902 shares of the restaurant operator’s stock after selling 4,888 shares during the period. Stifel Financial Corp’s holdings in Restaurant Brands International were worth $651,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in QSR. US Bancorp DE increased its stake in shares of Restaurant Brands International by 1.9% during the second quarter. US Bancorp DE now owns 13,182 shares of the restaurant operator’s stock worth $720,000 after purchasing an additional 250 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of Restaurant Brands International by 2.8% during the second quarter. Mount Yale Investment Advisors LLC now owns 9,543 shares of the restaurant operator’s stock worth $521,000 after purchasing an additional 257 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Restaurant Brands International by 1.7% during the first quarter. PNC Financial Services Group Inc. now owns 15,312 shares of the restaurant operator’s stock worth $613,000 after purchasing an additional 259 shares during the period. Aviva PLC increased its stake in shares of Restaurant Brands International by 0.3% during the first quarter. Aviva PLC now owns 98,579 shares of the restaurant operator’s stock worth $3,944,000 after purchasing an additional 320 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Restaurant Brands International by 7.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,207 shares of the restaurant operator’s stock worth $208,000 after purchasing an additional 339 shares during the period. Hedge funds and other institutional investors own 78.69% of the company’s stock.

In other news, CMO Fernando Machado sold 15,584 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $56.11, for a total value of $874,418.24. Following the transaction, the chief marketing officer now owns 14,274 shares in the company, valued at approximately $800,914.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Felipe A. Athayde sold 158,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $56.20, for a total value of $8,879,600.00. Following the completion of the transaction, the insider now owns 24,667 shares in the company, valued at approximately $1,386,285.40. The disclosure for this sale can be found here. Insiders have sold a total of 204,298 shares of company stock valued at $11,477,029 in the last quarter. Company insiders own 3.69% of the company’s stock.

QSR has been the topic of a number of recent research reports. Royal Bank of Canada lowered their price objective on Restaurant Brands International from $63.00 to $62.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Longbow Research restated a “hold” rating on shares of Restaurant Brands International in a research note on Monday, August 3rd. Morgan Stanley raised their price objective on Restaurant Brands International from $60.00 to $62.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Deutsche Bank raised their target price on Restaurant Brands International from $57.00 to $75.00 and gave the company a “buy” rating in a report on Monday, August 10th. They noted that the move was a valuation call. Finally, Piper Sandler raised their target price on Restaurant Brands International from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, August 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $60.74.

Shares of Restaurant Brands International stock opened at $56.64 on Monday. Restaurant Brands International Inc has a one year low of $25.08 and a one year high of $72.20. The firm has a market capitalization of $17.21 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 2.85 and a beta of 1.26. The business has a 50-day simple moving average of $55.29 and a 200 day simple moving average of $51.51. The company has a debt-to-equity ratio of 3.54, a current ratio of 1.73 and a quick ratio of 1.66.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, August 6th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. Restaurant Brands International had a return on equity of 26.85% and a net margin of 11.82%. The company’s quarterly revenue was down 25.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. On average, sell-side analysts expect that Restaurant Brands International Inc will post 2.09 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $2.08 dividend on an annualized basis and a yield of 3.67%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 76.47%.

Restaurant Brands International 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.

Featured Story: What does an outperform rating mean?

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

Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.