Valinor Management adds Restaurant Brands International Inc (QSR) to its portfolio

Restaurant Brands International Inc (QSR) : Valinor Management added new position in Restaurant Brands International Inc during the most recent quarter end. The investment management firm now holds 3,103,432 shares of Restaurant Brands International Inc which is valued at $147,195,780 , the company said in a statement filed on Aug 15, 2016 with the SEC.Restaurant Brands International Inc makes up approximately 4.11% of Valinor Management’s portfolio.

Other Hedge Funds, Including , A.r.t. Advisors added QSR to its portfolio by purchasing 22,369 company shares during the most recent quarter which is valued at $1,060,962. Restaurant Brands International Inc makes up approx 0.05% of A.r.t. Advisors’s portfolio.Agf Investments reduced its stake in QSR by selling 200,922 shares or 43.94% in the most recent quarter. The Hedge Fund company now holds 256,368 shares of QSR which is valued at $11,482,723. Restaurant Brands International Inc makes up approx 0.13% of Agf Investments’s portfolio.First National Bank Of Omaha reduced its stake in QSR by selling 265 shares or 4.9% in the most recent quarter. The Hedge Fund company now holds 5,140 shares of QSR which is valued at $228,730. Restaurant Brands International Inc makes up approx 0.02% of First National Bank Of Omaha’s portfolio.

Restaurant Brands International Inc opened for trading at $48.02 and hit $49.12 on the upside on Thursday, eventually ending the session at $48.53, with a gain of 2.13% or 1.01 points. The heightened volatility saw the trading volume jump to 19,93,609 shares. Company has a market cap of $11,345 M.

On the company’s financial health, Restaurant Brands International Inc reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.34. The company had revenue of $1040.20 million for the quarter, compared to analysts expectations of $1047.76 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

Restaurant Brands International Inc is the parent company for Tim Hortons Inc. and Burger King Worldwide Inc. The Company operates more than 18000 restaurants operating in 100 countries under its two distinct brands. Tim Hortons operates restaurant chains in North America and Canada. Operating in the quick service segment of the restaurant industry Tim Hortons menu includes premium coffee hot and cold specialty drinks (including lattes cappuccinos and espresso shots) specialty teas and fruit smoothies fresh baked goods grilled Panini and classic sandwiches wraps soups prepared foods and other food products. As of September 28 2014 Tim Hortons had 4590 system wide restaurants including 3665 in Canada 869 in the United States and 56 in the Gulf Cooperation Council. BURGER KING is a fast food hamburger chain. The BURGER KING system operates in approximately 14000 locations serving more than 11 million guests daily in 100 countries and territories globally.

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