Capital World Investors Reduces $50M in Restaurant Brands International Inc. ($QSR)
Key Points
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Capital World Investors trimmed its position in Restaurant Brands International Inc. ($QSR) by 1.53% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,858,035 shares of Restaurant Brands International Inc. after selling 667,535 shares during the quarter. Capital World Investors's holdings in Restaurant Brands International Inc. were worth $3.21 billion as of its most recent filing.
Restaurant Brands International Inc. Stock Down 4.4%
Shares of Restaurant Brands International Inc. ($QSR) traded around $74.85 on Saturday, down 4.4% for the day.
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Analysts Set New Price Targets
About Restaurant Brands International Inc.
Restaurant Brands International Inc. operates as a quick service restaurant company in Canada, the United States, and internationally. It operates through six segments: Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings. The company owns and franchises Tim Hortons, a coffee and baked good restaurant chain that offers beverages, sandwiches, wraps, flatbread pizzas, and others; Burger King, a quick service hamburger restaurant chain that offers flame-grilled hamburgers, chicken, and other sandwiches; Popeyes, a quick service chicken concept that offers a Louisiana style menu, including fried bone-in chicken, chicken sandwiches, chicken tenders, wings, fried shrimp, and regional items; and Firehouse Subs, which offers subs with meats and cheese, as well as chili, soups, soft drinks, and other sides. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Miami, Florida.
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