Insider Selling: Restaurant Brands International Inc. (NYSE:QSR) Insider Sells 15,974 Shares of Stock

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR insider Duncan Fulton sold 15,974 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the sale, the insider now owns 45,248 shares in the company, valued at approximately $2,827,095.04. This trade represents a 26.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Duncan Fulton also recently made the following trade(s):

• On Thursday, February 27th, Duncan Fulton sold 27,500 shares of Restaurant Brands International stock. The stock was sold at an average price of $64.66, for a total transaction of $1,778,150.00.

Restaurant Brands International Stock Performance

QSR traded up $0.05 during trading on Friday, hitting $65.24. The company's stock had a trading volume of 1,889,736 shares, compared to its average volume of 2,242,596. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. Restaurant Brands International Inc. has a one year low of $59.67 and a one year high of $83.29. The firm has a market cap of $21.17 billion, a PE ratio of 20.52, a P/E/G ratio of 1.77 and a beta of 0.93. The business's 50 day simple moving average is $63.44 and its 200-day simple moving average is $67.60.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. As a group, sell-side analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be given a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.80%. Restaurant Brands International's dividend payout ratio (DPR) is presently 77.99%.

Analyst Upgrades and Downgrades

QSR has been the topic of a number of recent research reports. Oppenheimer cut their price objective on shares of Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group dropped their target price on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. Argus downgraded shares of Restaurant Brands International from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th. Citigroup upped their target price on shares of Restaurant Brands International from $65.00 to $67.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Finally, Royal Bank of Canada dropped their target price on shares of Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $77.33.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in QSR. First Horizon Advisors Inc. increased its stake in shares of Restaurant Brands International by 3.8% in the third quarter. First Horizon Advisors Inc. now owns 4,318 shares of the restaurant operator's stock worth $311,000 after purchasing an additional 160 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of Restaurant Brands International by 5.4% in the fourth quarter. Bleakley Financial Group LLC now owns 3,137 shares of the restaurant operator's stock worth $204,000 after purchasing an additional 161 shares in the last quarter. GeoWealth Management LLC increased its stake in shares of Restaurant Brands International by 7.0% in the fourth quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator's stock worth $162,000 after purchasing an additional 163 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of Restaurant Brands International by 2.2% in the third quarter. D.A. Davidson & CO. now owns 8,412 shares of the restaurant operator's stock worth $607,000 after purchasing an additional 179 shares in the last quarter. Finally, Waterfront Wealth Inc. increased its stake in shares of Restaurant Brands International by 1.3% in the fourth quarter. Waterfront Wealth Inc. now owns 14,034 shares of the restaurant operator's stock worth $915,000 after purchasing an additional 180 shares in the last quarter. 82.29% of the stock is currently owned by institutional investors.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.