Insider Selling: Restaurant Brands International Inc. (NYSE:QSR) CFO Sells $851,500.00 in Stock

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the transaction, the chief financial officer now owns 235,228 shares in the company, valued at $16,023,731.36. The trade was a 5.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Restaurant Brands International Trading Down 0.7 %

Shares of QSR stock traded down $0.49 during trading hours on Tuesday, reaching $66.59. 1,635,513 shares of the stock were exchanged, compared to its average volume of 1,711,708. 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 $80.02. The firm has a market capitalization of $21.64 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 1.77 and a beta of 0.95. The company's 50-day moving average price is $64.37 and its 200-day moving average price is $67.24.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released 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, equities analysts anticipate that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

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Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.72%. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. The ex-dividend date is Friday, March 21st. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

Institutional Trading of Restaurant Brands International

Large investors have recently made changes to their positions in the stock. Dunhill Financial LLC boosted its position in 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 buying an additional 200 shares during the period. Venturi Wealth Management LLC grew its stake in 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 purchasing an additional 314 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Restaurant Brands International during the 4th quarter worth $32,000. IFP Advisors Inc raised its position in Restaurant Brands International by 183.9% during the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock valued at $41,000 after purchasing an additional 412 shares in the last quarter. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Restaurant Brands International in the 4th quarter worth $60,000. 82.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

QSR has been the topic of several recent research reports. Citigroup raised their price objective on Restaurant Brands International from $65.00 to $67.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Oppenheimer decreased their target price on shares of Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. TD Securities reaffirmed a "hold" rating and set a $70.00 price target on shares of Restaurant Brands International in a report on Tuesday, February 25th. CIBC reduced their price objective on shares of Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Finally, TD Cowen downgraded shares of Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 price objective on the stock. in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $77.08.

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.