Insider Selling: Restaurant Brands International Inc. (NYSE:QSR) Insider Sells 27,500 Shares of Stock

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR insider Duncan Fulton sold 27,500 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $64.66, for a total transaction of $1,778,150.00. Following the transaction, the insider now owns 34,822 shares of the company's stock, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Friday, February 21st, Duncan Fulton sold 15,974 shares of Restaurant Brands International stock. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52.

Restaurant Brands International Stock Down 0.7 %

NYSE QSR traded down $0.46 during trading on Monday, reaching $64.79. 1,198,407 shares of the company's stock traded hands, compared to its average volume of 2,216,490. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The firm has a market cap of $21.02 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. The company's 50 day simple moving average is $63.41 and its two-hundred day simple moving average is $67.51. Restaurant Brands International Inc. has a 12-month low of $59.67 and a 12-month high of $83.29.

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

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be given a dividend of $0.62 per share. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a yield of 3.83%. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Capital World Investors grew its position in shares of Restaurant Brands International by 2.0% in the 4th quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator's stock worth $2,829,974,000 after buying an additional 841,167 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Restaurant Brands International by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 13,165,498 shares of the restaurant operator's stock worth $858,101,000 after buying an additional 421,873 shares during the last quarter. EdgePoint Investment Group Inc. grew its position in shares of Restaurant Brands International by 26.6% in the 4th quarter. EdgePoint Investment Group Inc. now owns 12,819,570 shares of the restaurant operator's stock worth $834,478,000 after buying an additional 2,695,071 shares during the last quarter. Norges Bank purchased a new position in shares of Restaurant Brands International in the 4th quarter worth approximately $264,813,000. Finally, Fiera Capital Corp grew its position in shares of Restaurant Brands International by 6.5% in the 3rd quarter. Fiera Capital Corp now owns 3,744,620 shares of the restaurant operator's stock worth $270,554,000 after buying an additional 227,203 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on QSR. Morgan Stanley lowered their price objective on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Stifel Nicolaus lowered their price objective on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating for the company in a research report on Friday, January 10th. Truist Financial lowered their price objective on shares of Restaurant Brands International from $85.00 to $83.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. KeyCorp lowered their price objective on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research report on Wednesday, November 6th. Finally, Jefferies Financial Group lowered their price objective on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating for the company in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $77.33.

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.