Restaurant Brands International Inc. (NYSE:QSR) Insider Jeffrey Housman Sells 14,593 Shares

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Jeffrey Housman sold 14,593 shares of Restaurant Brands International stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $64.38, for a total value of $939,497.34. Following the transaction, the insider now directly owns 142,986 shares of the company’s stock, valued at approximately $9,205,438.68. This represents a 9.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Restaurant Brands International Price Performance

QSR stock opened at $65.24 on Friday. The stock has a 50-day moving average price of $63.44 and a two-hundred day moving average price of $67.58. Restaurant Brands International Inc. has a 12-month low of $59.67 and a 12-month high of $83.29. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The company has a market cap of $21.17 billion, a PE ratio of 20.52, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93.

Restaurant Brands International (NYSE:QSR) (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 net margin of 12.15% and a return on equity of 28.53%. As a group, research analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The company 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 dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.80%. 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. Restaurant Brands International’s payout ratio is 77.99%.

Institutional Investors Weigh In On Restaurant Brands International

A number of institutional investors have recently added to or reduced their stakes in the company. Capital World Investors boosted its position in shares of Restaurant Brands International by 2.0% in the fourth 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 period. Vanguard Group Inc. boosted its position in shares of Restaurant Brands International by 3.3% in the fourth 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 period. EdgePoint Investment Group Inc. boosted its position in shares of Restaurant Brands International by 26.6% in the fourth 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 period. Norges Bank purchased a new stake in shares of Restaurant Brands International in the fourth quarter worth about $264,813,000. Finally, Fiera Capital Corp boosted its position in shares of Restaurant Brands International by 6.5% in the third 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 period. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Evercore ISI reduced their price objective on Restaurant Brands International from $93.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Stifel Nicolaus cut their price target on Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating for the company in a report on Friday, January 10th. 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 report on Friday, February 14th. Jefferies Financial Group cut their price target on Restaurant Brands International from $73.00 to $67.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. Finally, Argus cut Restaurant Brands International from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $77.33.

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.