Restaurant Brands International Inc. (NYSE:QSR) Insider Sells $939,497.34 in Stock

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR insider Jeffrey Housman sold 14,593 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $64.38, for a total transaction of $939,497.34. Following the completion of the sale, the insider now owns 142,986 shares in the company, valued at approximately $9,205,438.68. This trade represents a 9.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Restaurant Brands International Stock Down 0.7 %

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

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

Restaurant Brands International Increases Dividend

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

Analyst Ratings Changes

QSR has been the topic of several analyst reports. Citigroup upped their price target on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. TD Cowen downgraded shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target on the stock. in a report on Friday, February 14th. Morgan Stanley cut their price target on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 21st. Truist Financial dropped their target price on shares of Restaurant Brands International from $85.00 to $83.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. Finally, TD Securities restated a "hold" rating and issued a $70.00 target price on shares of Restaurant Brands International in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $77.33.

Institutional Trading of Restaurant Brands International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dunhill Financial LLC increased its stake in shares of Restaurant Brands International by 100.0% in the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock worth $26,000 after acquiring an additional 200 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Restaurant Brands International by 79.4% in the third quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock worth $30,000 after acquiring an additional 185 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Restaurant Brands International by 213.6% in the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock worth $30,000 after acquiring an additional 314 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Restaurant Brands International in the fourth quarter worth $32,000. Finally, IFP Advisors Inc increased its stake in shares of Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after acquiring an additional 412 shares during the period. Institutional investors and hedge funds own 82.29% of the company's stock.

About Restaurant Brands International

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.