Restaurant Brands International Inc. (NYSE:QSR) CFO Sami A. Siddiqui Sells 23,333 Shares

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) CFO Sami A. Siddiqui sold 23,333 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $64.38, for a total value of $1,502,178.54. Following the sale, the chief financial officer now owns 91,766 shares of the company’s stock, valued at $5,907,895.08. This trade represents a 20.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Restaurant Brands International Trading Up 2.4 %

Shares of Restaurant Brands International stock opened at $65.25 on Friday. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The stock’s 50 day simple moving average is $63.47 and its 200-day simple moving average is $67.63. The stock has a market cap of $21.17 billion, a P/E ratio of 20.52, a P/E/G ratio of 1.77 and a beta of 0.93. Restaurant Brands International Inc. has a 1-year low of $59.67 and a 1-year high of $83.29.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data 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 return on equity of 28.53% and a net margin of 12.15%. Analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.80%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.58. Restaurant Brands International’s dividend payout ratio is currently 77.99%.

Institutional Investors Weigh In On Restaurant Brands International

Several hedge funds and other institutional investors have recently bought and sold shares of QSR. Dunhill Financial LLC grew its stake 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 buying an additional 200 shares during the period. Farther Finance Advisors LLC raised its position in shares of Restaurant Brands International by 79.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 185 shares during the period. Venturi Wealth Management LLC lifted its holdings 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 valued at $30,000 after acquiring an additional 314 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Restaurant Brands International in the fourth quarter worth approximately $32,000. Finally, IFP Advisors Inc increased its stake in Restaurant Brands International by 183.9% during 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 last quarter. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

QSR has been the topic of several analyst reports. 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. KeyCorp decreased their target price on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Wednesday, November 6th. Jefferies Financial Group cut their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an “equal weight” rating on the stock in a report on Thursday, January 30th. Stifel Nicolaus decreased their price objective on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating for the company in a research note on Friday, January 10th. Finally, TD Securities reaffirmed a “hold” rating and issued a $70.00 price objective on shares of Restaurant Brands International in a report on Tuesday. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $77.96.

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.