Dimensional Fund Advisors LP Purchases 108,473 Shares of Restaurant Brands International Inc. $QSR

Dimensional Fund Advisors LP grew its position in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 8.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,372,903 shares of the restaurant operator’s stock after buying an additional 108,473 shares during the period. Dimensional Fund Advisors LP’s holdings in Restaurant Brands International were worth $101,458,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in QSR. D.A. Davidson & CO. raised its stake in Restaurant Brands International by 1.9% during the 4th quarter. D.A. Davidson & CO. now owns 8,451 shares of the restaurant operator’s stock worth $577,000 after buying an additional 154 shares during the period. Capital Analysts LLC grew its stake in Restaurant Brands International by 20.6% in the fourth quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock valued at $63,000 after acquiring an additional 158 shares during the period. Private Advisor Group LLC grew its stake in Restaurant Brands International by 4.1% in the first quarter. Private Advisor Group LLC now owns 4,354 shares of the restaurant operator’s stock valued at $322,000 after acquiring an additional 170 shares during the period. Applied Finance Capital Management LLC increased its holdings in shares of Restaurant Brands International by 1.9% in the fourth quarter. Applied Finance Capital Management LLC now owns 9,440 shares of the restaurant operator’s stock worth $644,000 after acquiring an additional 179 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in shares of Restaurant Brands International by 0.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 57,512 shares of the restaurant operator’s stock worth $3,967,000 after acquiring an additional 194 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on QSR. Guggenheim lifted their price objective on Restaurant Brands International from $80.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Morgan Stanley increased their target price on Restaurant Brands International from $78.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Robert W. Baird raised their target price on shares of Restaurant Brands International from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. KeyCorp raised their target price 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. Finally, Wells Fargo & Company lifted their price target on shares of Restaurant Brands International from $75.00 to $80.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Fifteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.86.

Restaurant Brands International Stock Up 0.9%

NYSE:QSR opened at $75.54 on Thursday. Restaurant Brands International Inc. has a twelve month low of $61.33 and a twelve month high of $81.96. The firm has a market capitalization of $26.38 billion, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 2.18 and a beta of 0.50. 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 stock’s 50 day moving average price is $73.94 and its two-hundred day moving average price is $73.43.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Wednesday, May 6th. The restaurant operator reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Equities research analysts expect that Restaurant Brands International Inc. will post 4.04 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is 91.55%.

About Restaurant Brands International

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.