Restaurant Brands International Inc. $QSR Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its position in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 3.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 846,963 shares of the restaurant operator’s stock after selling 31,337 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Restaurant Brands International were worth $57,788,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new position in Restaurant Brands International in the 4th quarter valued at about $25,000. Larson Financial Group LLC grew its position in Restaurant Brands International by 1,922.2% in the 4th quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 346 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Restaurant Brands International in the 4th quarter valued at about $29,000. UMB Bank n.a. grew its position in shares of Restaurant Brands International by 50.4% during the fourth quarter. UMB Bank n.a. now owns 639 shares of the restaurant operator’s stock worth $44,000 after buying an additional 214 shares in the last quarter. Finally, Capital Analysts LLC grew its position in shares of Restaurant Brands International by 20.6% during the fourth quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock worth $63,000 after buying an additional 158 shares in the last quarter. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Performance

Shares of QSR opened at $74.99 on Monday. The stock has a 50 day moving average price of $76.59 and a 200 day moving average price of $72.54. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 2.55. The company has a market capitalization of $26.05 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.94 and a beta of 0.49. Restaurant Brands International Inc. has a 52-week low of $61.33 and a 52-week high of $81.96.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. The firm had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.24 billion. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 earnings per share. Research analysts predict that Restaurant Brands International Inc. will post 4.07 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Tuesday, June 23rd will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is 91.55%.

Analyst Ratings Changes

QSR has been the subject of a number of analyst reports. Scotiabank boosted their price objective on Restaurant Brands International from $81.00 to $83.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $86.00 price objective on shares of Restaurant Brands International in a research report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price objective on Restaurant Brands International from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Oppenheimer boosted their price objective on Restaurant Brands International from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Finally, Truist Financial boosted their price objective on Restaurant Brands International from $83.00 to $87.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Seventeen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $83.54.

Insiders Place Their Bets

In related news, insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $73.48, for a total value of $1,469,600.00. Following the completion of the transaction, the insider directly owned 162,077 shares of the company’s stock, valued at $11,909,417.96. This represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jill Granat sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $75.09, for a total value of $1,877,250.00. Following the completion of the transaction, the insider directly owned 478,845 shares of the company’s stock, valued at $35,956,471.05. This trade represents a 4.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 255,000 shares of company stock valued at $19,110,950. 1.22% of the stock is owned by company insiders.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.