Restaurant Brands International Inc. $QSR Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 554.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,173,662 shares of the restaurant operator’s stock after purchasing an additional 994,454 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Restaurant Brands International were worth $85,102,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QSR. Capital World Investors grew its holdings in shares of Restaurant Brands International by 7.7% during the 4th quarter. Capital World Investors now owns 43,525,570 shares of the restaurant operator’s stock worth $2,969,819,000 after purchasing an additional 3,095,167 shares during the period. EdgePoint Investment Group Inc. raised its holdings in Restaurant Brands International by 16.2% in the 1st quarter. EdgePoint Investment Group Inc. now owns 19,348,137 shares of the restaurant operator’s stock valued at $1,432,015,000 after buying an additional 2,703,134 shares during the period. Morgan Stanley raised its holdings in Restaurant Brands International by 24.2% in the 4th quarter. Morgan Stanley now owns 8,429,121 shares of the restaurant operator’s stock valued at $575,119,000 after buying an additional 1,641,870 shares during the period. Baupost Group LLC MA lifted its position in Restaurant Brands International by 103.8% in the third quarter. Baupost Group LLC MA now owns 8,252,862 shares of the restaurant operator’s stock valued at $529,337,000 after buying an additional 4,203,300 shares during the last quarter. Finally, Fiera Capital Corp lifted its position in Restaurant Brands International by 38.2% in the fourth quarter. Fiera Capital Corp now owns 6,835,522 shares of the restaurant operator’s stock valued at $466,595,000 after buying an additional 1,889,359 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Stock Up 0.8%

Shares of NYSE:QSR opened at $78.88 on Thursday. The firm has a market capitalization of $27.51 billion, a PE ratio of 21.20, a price-to-earnings-growth ratio of 2.19 and a beta of 0.51. Restaurant Brands International Inc. has a 1 year low of $61.33 and a 1 year high of $81.96. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.01 and a quick ratio of 0.92. The firm’s 50-day moving average is $75.41 and its two-hundred day moving average is $74.84.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.52 billion. Restaurant Brands International had a net margin of 13.12% and a return on equity of 33.43%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.94 earnings per share. Analysts predict that Restaurant Brands International Inc. will post 4.03 EPS for the current year.

Restaurant Brands International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, September 18th. Restaurant Brands International’s dividend payout ratio (DPR) is currently 69.89%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Citigroup increased their target price on shares of Restaurant Brands International from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday. Scotiabank decreased their price objective on shares of Restaurant Brands International from $83.00 to $81.00 and set a “sector perform” rating on the stock in a report on Friday, August 7th. TD Cowen increased their price objective on shares of Restaurant Brands International from $79.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded shares of Restaurant Brands International from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Finally, Scotia cut their target price on Restaurant Brands International from $83.00 to $81.00 and set a “sector perform” rating on the stock in a research report on Friday, August 7th. Sixteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $84.00.

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.