Restaurant Brands International Inc. (QSR) Is At $54.42 Formed Wedge; Oaktree Capital Management LP Increased Its Magnachip Semiconductor (MX) Stake

Oaktree Capital Management Lp increased Magnachip Semiconductor Corp (MX) stake by 28.21% reported in 2017Q4 SEC filing. Oaktree Capital Management Lp acquired 660,000 shares as Magnachip Semiconductor Corp (MX)’s stock rose 3.11%. The Oaktree Capital Management Lp holds 3.00 million shares with $29.85M value, up from 2.34M last quarter. Magnachip Semiconductor Corp now has $335.19 million valuation. The stock increased 3.16% or $0.3 during the last trading session, reaching $9.8. About 269,041 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 9.94% since April 18, 2017 and is uptrending. It has underperformed by 1.61% the S&P500.

Restaurant Brands International Inc. (QSR) formed wedge down with $51.70 target or 5.00% below today’s $54.42 share price. Restaurant Brands International Inc. (QSR) has $25.12B valuation. The stock decreased 0.51% or $0.28 during the last trading session, reaching $54.42. About 1.27 million shares traded. Restaurant Brands International Inc. (NYSE:QSR) has risen 2.95% since April 18, 2017 and is uptrending. It has underperformed by 8.60% the S&P500.

Oaktree Capital Management Lp decreased Nextera Energy Inc stake by 36,810 shares to 543,715 valued at $30.56M in 2017Q4. It also reduced Micron Technology Inc (Prn) stake by 29.42 million shares and now owns 14.38M shares. Atlas Air Worldwide Holdings Inc (Prn) was reduced too.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.14, from 1.17 in 2017Q3. It dropped, as 13 investors sold MX shares while 18 reduced holdings. 13 funds opened positions while 19 raised stakes. 25.63 million shares or 7.06% more from 23.94 million shares in 2017Q3 were reported. Connor Clark & Lunn Investment Mngmt Ltd, a British Columbia – Canada-based fund reported 525,050 shares. Fil Ltd reported 33,502 shares stake. Moreover, Cohen Cap Mngmt has 0.64% invested in MagnaChip Semiconductor Corporation (NYSE:MX) for 275,026 shares. Group One Trading Ltd Partnership reported 0.01% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Citigroup stated it has 0% in MagnaChip Semiconductor Corporation (NYSE:MX). Tower Cap Ltd Liability Com (Trc) reported 14,347 shares. Alliancebernstein Limited Partnership holds 0.02% or 2.18M shares in its portfolio. Timpani Cap Llc holds 100,741 shares or 0.36% of its portfolio. Goldman Sachs Group Inc holds 20,574 shares or 0% of its portfolio. Columbia Pacific Advsr Ltd Liability has invested 0.19% in MagnaChip Semiconductor Corporation (NYSE:MX). Royal Bank & Trust Of Canada, a Ontario – Canada-based fund reported 550 shares. Oaktree Mngmt Ltd Partnership reported 3.00 million shares. Dixon Hubard Feinour And Brown Va accumulated 0.05% or 17,000 shares. Federated Invsts Pa reported 0.01% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Proxima Management Lc owns 255,000 shares for 1.47% of their portfolio.

Among 5 analysts covering MagnaChip Semi (NYSE:MX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. MagnaChip Semi had 15 analyst reports since August 7, 2015 according to SRatingsIntel. Roth Capital maintained the shares of MX in report on Wednesday, August 9 with “Buy” rating. The rating was maintained by Needham on Friday, August 4 with “Buy”. The firm has “Buy” rating given on Friday, October 30 by Topeka Capital Markets. The firm has “Buy” rating given on Thursday, September 29 by Roth Capital. The firm has “Neutral” rating by Citigroup given on Monday, August 7. The firm earned “Buy” rating on Thursday, February 18 by Topeka Capital Markets. The stock has “Neutral” rating by Citigroup on Wednesday, May 10. The rating was maintained by Roth Capital on Sunday, July 30 with “Buy”. Topeka Capital Markets maintained MagnaChip Semiconductor Corporation (NYSE:MX) rating on Friday, August 7. Topeka Capital Markets has “Buy” rating and $14 target. As per Friday, May 6, the company rating was maintained by Topeka Capital Markets.

Since January 24, 2018, it had 7 insider buys, and 3 selling transactions for $3.61 million activity. NADER TAVAKOLI bought $136,050 worth of MagnaChip Semiconductor Corporation (NYSE:MX) on Tuesday, February 13. Lee Woung Moo also bought $9,100 worth of MagnaChip Semiconductor Corporation (NYSE:MX) shares. The insider Kim Young-Joon bought $81,325. 5,000 shares valued at $45,438 were bought by Kim Theodore S on Tuesday, February 13. Another trade for 149,000 shares valued at $1.93 million was sold by Brigade Leveraged Capital Structures Fund Ltd.. Another trade for 8,000 shares valued at $72,598 was made by Kim Jonathan W on Tuesday, February 13. KEATING MELVIN L bought $32,432 worth of stock or 3,600 shares.

Analysts await Restaurant Brands International Inc. (NYSE:QSR) to report earnings on April, 25. They expect $0.56 earnings per share, up 55.56% or $0.20 from last year’s $0.36 per share. QSR’s profit will be $258.52 million for 24.29 P/E if the $0.56 EPS becomes a reality. After $0.66 actual earnings per share reported by Restaurant Brands International Inc. for the previous quarter, Wall Street now forecasts -15.15% negative EPS growth.

Among 19 analysts covering Restaurant Brands (NYSE:QSR), 16 have Buy rating, 1 Sell and 2 Hold. Therefore 84% are positive. Restaurant Brands has $81 highest and $34 lowest target. $68.12’s average target is 25.17% above currents $54.42 stock price. Restaurant Brands had 58 analyst reports since July 28, 2015 according to SRatingsIntel. Credit Suisse reinitiated the shares of QSR in report on Friday, November 11 with “Neutral” rating. The stock of Restaurant Brands International Inc. (NYSE:QSR) earned “Neutral” rating by Longbow on Friday, March 18. BMO Capital Markets maintained the stock with “Buy” rating in Monday, June 5 report. The firm has “Overweight” rating by Stephens given on Wednesday, October 19. As per Monday, September 11, the company rating was maintained by RBC Capital Markets. The rating was upgraded by RBC Capital Markets on Monday, April 11 to “Outperform”. As per Tuesday, February 13, the company rating was maintained by Cowen & Co. Cowen & Co maintained the shares of QSR in report on Monday, October 16 with “Hold” rating. The stock of Restaurant Brands International Inc. (NYSE:QSR) earned “Buy” rating by RBC Capital Markets on Tuesday, July 25. As per Monday, March 26, the company rating was upgraded by Morgan Stanley.

MagnaChip Semiconductor Corporation (NYSE:MX) Institutional Positions Chart