Restaurant Brands International Inc. (NYSE:QSR) CFO Sells $1,502,178.54 in Stock

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR CFO Sami A. Siddiqui sold 23,333 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $64.38, for a total value of $1,502,178.54. Following the completion of the sale, the chief financial officer now directly owns 91,766 shares of the company's stock, valued at approximately $5,907,895.08. This trade represents a 20.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Restaurant Brands International Stock Down 0.7 %

QSR stock traded down $0.46 during midday trading on Monday, hitting $64.79. 1,198,407 shares of the company's stock were exchanged, compared to its average volume of 2,216,490. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. Restaurant Brands International Inc. has a 12-month low of $59.67 and a 12-month high of $83.29. The firm has a 50 day moving average price of $63.41 and a 200-day moving average price of $67.51. The stock has a market capitalization 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.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last posted its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) 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%. On average, analysts anticipate that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.62 per share. 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 3.83%. Restaurant Brands International's payout ratio is currently 77.99%.

Institutional Investors Weigh In On Restaurant Brands International

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dunhill Financial LLC increased its holdings in shares of Restaurant Brands International by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock valued at $26,000 after acquiring an additional 200 shares during the last quarter. Farther Finance Advisors LLC grew its stake in Restaurant Brands International by 79.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock worth $30,000 after buying an additional 185 shares during the last quarter. Venturi Wealth Management LLC grew its stake in Restaurant Brands International by 213.6% during the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock worth $30,000 after buying an additional 314 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Restaurant Brands International during the 4th quarter worth $32,000. Finally, IFP Advisors Inc grew its stake in Restaurant Brands International by 183.9% during the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after buying an additional 412 shares during the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

QSR has been the subject of a number of research analyst reports. CIBC dropped their price target on Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. TD Cowen cut Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price target for the company. in a research report on Friday, February 14th. Jefferies Financial Group dropped their price target on 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. Truist Financial dropped their price objective on 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. Finally, Oppenheimer dropped their price objective on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. One investment 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.com, Restaurant Brands International has a consensus rating of "Hold" and an average price target 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.