Vanguard Group Inc. significantly increased its stake in Restaurant Brands International (QSR) by 2.2% in Q3, now holding over 15.6 million shares valued at more than $1 billion. This represents 4.77% of the company. Despite positive quarterly earnings and a raised dividend, analysts have a “Hold” rating on the stock with a consensus target price of $76.62.
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Vanguard Group Inc. Has $1 Billion Stock Position in Restaurant Brands International Inc. $QSR
Vanguard Group Inc. significantly increased its stake in Restaurant Brands International (QSR) by 2.2% in Q3, now holding over 15.6 million shares valued at more than $1 billion. This represents 4.77% of the company. Despite positive quarterly earnings and a raised dividend, analysts have a “Hold” rating on the stock with a consensus target price of $76.62.