Mercer Global Advisors Inc. ADV Has $723,000 Stock Position in Restaurant Brands International Inc. (NYSE:QSR)

Mercer Global Advisors Inc. ADV grew its stake in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 11,098 shares of the restaurant operator’s stock after buying an additional 484 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Restaurant Brands International were worth $723,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC increased its position in shares of Restaurant Brands International by 213.6% during the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 314 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $32,000. IFP Advisors Inc increased its position in shares of Restaurant Brands International by 183.9% during the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator’s stock worth $41,000 after purchasing an additional 412 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $60,000. Finally, Capital Analysts LLC increased its position in shares of Restaurant Brands International by 24.3% during the 4th quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator’s stock worth $62,000 after purchasing an additional 186 shares during the last quarter. Institutional investors and hedge funds own 82.29% of the company’s stock.

Restaurant Brands International Stock Performance

Shares of NYSE QSR opened at $67.19 on Monday. The stock’s fifty day moving average price is $65.28 and its two-hundred day moving average price is $65.71. The firm has a market cap of $22.01 billion, a price-to-earnings ratio of 21.13, a P/E/G ratio of 1.77 and a beta of 0.60. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a one year low of $58.71 and a one year high of $75.07.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its earnings results on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.03). The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.17 billion. Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. The business’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period last year, the company posted $0.73 earnings per share. On average, equities analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Tuesday, June 24th. Restaurant Brands International’s dividend payout ratio (DPR) is currently 77.99%.

Insider Transactions at Restaurant Brands International

In related news, insider Duncan Fulton sold 15,974 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the sale, the insider now directly owns 45,248 shares in the company, valued at $2,827,095.04. This represents a 26.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the sale, the chief financial officer now owns 235,228 shares of the company’s stock, valued at approximately $16,023,731.36. This represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 278,716 shares of company stock valued at $17,740,281. 1.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Wells Fargo & Company decreased their target price on Restaurant Brands International from $69.00 to $66.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 22nd. Citigroup decreased their target price on Restaurant Brands International from $67.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. TD Securities reissued a “hold” rating and set a $70.00 target price on shares of Restaurant Brands International in a report on Tuesday, February 25th. UBS Group decreased their target price on Restaurant Brands International from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Monday, May 5th. Finally, Argus raised Restaurant Brands International from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, Restaurant Brands International has a consensus rating of “Hold” and a consensus price target of $75.65.

Restaurant Brands International Profile

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.