YHB Investment Advisors Inc. purchased a new stake in shares of Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,380 shares of the restaurant operator’s stock, valued at approximately $208,000.

Several other hedge funds have also recently made changes to their positions in the company. FMR LLC boosted its position in shares of Restaurant Brands International by 10.9% during the 2nd quarter. FMR LLC now owns 15,492,590 shares of the restaurant operator’s stock valued at $969,362,000 after acquiring an additional 1,528,447 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Restaurant Brands International by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 8,547,152 shares of the restaurant operator’s stock valued at $545,992,000 after acquiring an additional 101,543 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Restaurant Brands International by 5.7% during the 2nd quarter. Vanguard Group Inc. now owns 4,987,402 shares of the restaurant operator’s stock valued at $311,912,000 after acquiring an additional 268,220 shares during the last quarter. Suvretta Capital Management LLC boosted its position in shares of Restaurant Brands International by 12.1% during the 3rd quarter. Suvretta Capital Management LLC now owns 3,861,310 shares of the restaurant operator’s stock valued at $246,660,000 after acquiring an additional 415,540 shares during the last quarter. Finally, TD Asset Management Inc. boosted its position in shares of Restaurant Brands International by 6.3% during the 3rd quarter. TD Asset Management Inc. now owns 3,535,175 shares of the restaurant operator’s stock valued at $225,342,000 after acquiring an additional 208,443 shares during the last quarter. 78.35% of the stock is currently owned by hedge funds and other institutional investors.

QSR has been the topic of several recent research reports. Citigroup boosted their price target on shares of Restaurant Brands International from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Zacks Investment Research raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Wednesday, October 18th. UBS Group set a $74.00 target price on shares of Restaurant Brands International and gave the company a “buy” rating in a research report on Monday, October 16th. Wells Fargo & Co upped their target price on shares of Restaurant Brands International from $60.00 to $68.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Finally, Evercore ISI assumed coverage on shares of Restaurant Brands International in a research report on Monday, December 11th. They issued an “outperform” rating and a $75.00 target price on the stock. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Restaurant Brands International presently has a consensus rating of “Buy” and a consensus target price of $70.00.

In other Restaurant Brands International news, Director Ali Hedayat purchased 5,000 shares of Restaurant Brands International stock in a transaction dated Monday, October 30th. The shares were acquired at an average price of $64.58 per share, with a total value of $322,900.00. Following the completion of the transaction, the director now owns 30,966 shares of the company’s stock, valued at $1,999,784.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Daniel S. Schwartz sold 708,582 shares of the stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $64.49, for a total transaction of $45,696,453.18. Following the sale, the chief executive officer now directly owns 886,272 shares in the company, valued at approximately $57,155,681.28. The disclosure for this sale can be found here. Insiders have sold 5,056,166 shares of company stock worth $327,220,722 in the last three months. Corporate insiders own 3.05% of the company’s stock.

Restaurant Brands International Inc (NYSE:QSR) opened at $62.04 on Wednesday. Restaurant Brands International Inc has a 1 year low of $47.75 and a 1 year high of $68.89. The company has a debt-to-equity ratio of 2.70, a current ratio of 3.45 and a quick ratio of 3.38. The company has a market cap of $14,541.75, a PE ratio of 42.79, a price-to-earnings-growth ratio of 1.40 and a beta of 1.69.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.09. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Restaurant Brands International had a net margin of 12.40% and a return on equity of 23.53%. The business’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 earnings per share. equities research analysts forecast that Restaurant Brands International Inc will post 2 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 15th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.35%. The ex-dividend date was Thursday, December 14th. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.20. Restaurant Brands International’s dividend payout ratio is currently 57.93%.

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Restaurant Brands International Company Profile

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

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

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