SG Americas Securities LLC Has $6.54 Million Stock Position in Restaurant Brands International Inc. $QSR

SG Americas Securities LLC boosted its stake in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 1,576.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,563 shares of the restaurant operator’s stock after acquiring an additional 83,279 shares during the period. SG Americas Securities LLC’s holdings in Restaurant Brands International were worth $6,545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QSR. Lloyd Advisory Services LLC. bought a new stake in shares of Restaurant Brands International in the 4th quarter valued at $25,000. Larson Financial Group LLC increased 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 buying an additional 346 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Restaurant Brands International during the 4th quarter worth approximately $29,000. UMB Bank n.a. raised its stake in Restaurant Brands International by 50.4% during the 4th quarter. UMB Bank n.a. now owns 639 shares of the restaurant operator’s stock worth $44,000 after buying an additional 214 shares during the period. Finally, Capital Analysts LLC boosted its holdings in Restaurant Brands International by 20.6% in the fourth quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock worth $63,000 after acquiring an additional 158 shares in the last quarter. Institutional investors and hedge funds own 82.29% of the company’s stock.

Restaurant Brands International Trading Up 0.0%

Shares of Restaurant Brands International stock opened at $74.36 on Monday. The company has a market capitalization of $25.83 billion, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 1.93 and a beta of 0.49. The stock has a fifty day simple moving average of $75.86 and a 200 day simple moving average of $72.65. Restaurant Brands International Inc. has a 12-month low of $61.33 and a 12-month high of $81.96. The company has a current ratio of 0.99, a quick ratio of 0.90 and a debt-to-equity ratio of 2.55.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. On average, sell-side analysts anticipate that Restaurant Brands International Inc. will post 4.07 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Barclays boosted their price objective on Restaurant Brands International from $85.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Citigroup cut their target price on Restaurant Brands International from $88.00 to $84.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $86.00 price target on shares of Restaurant Brands International in a research report on Thursday, May 7th. Stifel Nicolaus upgraded shares of Restaurant Brands International from a “hold” rating to a “buy” rating and boosted their price target for the company from $68.00 to $90.00 in a research note on Monday, March 2nd. Finally, KeyCorp upped their price objective on shares of Restaurant Brands International from $78.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Fifteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.54.

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.