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

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Jeffrey Housman sold 14,593 shares of the stock in a transaction on Tuesday, February 25th. The shares were 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 trade represents a 9.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Restaurant Brands International Trading Up 0.1 %

NYSE QSR opened at $65.24 on Friday. The stock’s 50-day simple moving average is $63.44 and its two-hundred day simple moving average is $67.60. Restaurant Brands International Inc. has a twelve month low of $59.67 and a twelve month high of $83.29. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of 20.52, a PEG ratio of 1.77 and a beta of 0.93.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share 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%. Research analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal 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 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 3.80%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 77.99%.

Institutional Investors Weigh In On Restaurant Brands International

A number of large investors have recently added to or reduced their stakes in QSR. Park Square Financial Group LLC bought a new position in shares of Restaurant Brands International during the fourth quarter valued at about $81,000. Public Employees Retirement System of Ohio lifted its stake in shares of Restaurant Brands International by 110.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 53,873 shares of the restaurant operator’s stock valued at $3,510,000 after acquiring an additional 28,248 shares during the last quarter. Burgundy Asset Management Ltd. lifted its stake in shares of Restaurant Brands International by 0.4% in the 4th quarter. Burgundy Asset Management Ltd. now owns 1,167,299 shares of the restaurant operator’s stock valued at $76,006,000 after acquiring an additional 4,464 shares during the last quarter. Vise Technologies Inc. lifted its stake in shares of Restaurant Brands International by 29.2% in the 4th quarter. Vise Technologies Inc. now owns 4,734 shares of the restaurant operator’s stock valued at $309,000 after acquiring an additional 1,071 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Restaurant Brands International by 967.0% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,087,542 shares of the restaurant operator’s stock valued at $70,793,000 after acquiring an additional 985,615 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Oppenheimer reduced their price objective on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. CIBC reduced their price objective on Restaurant Brands International from $86.00 to $78.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Barclays cut their price target on Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Morgan Stanley cut their price target on Restaurant Brands International from $81.00 to $73.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Finally, TD Securities reaffirmed a “hold” rating and issued a $70.00 price target on shares of Restaurant Brands International in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Restaurant Brands International has a consensus rating of “Hold” and a consensus 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.