Insider Selling: Restaurant Brands International Inc. (NYSE:QSR) Insider Sells 27,500 Shares of Stock

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Duncan Fulton sold 27,500 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $64.66, for a total value of $1,778,150.00. Following the transaction, the insider now owns 34,822 shares in the company, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Duncan Fulton also recently made the following trade(s):

• On Friday, February 21st, Duncan Fulton sold 15,974 shares of Restaurant Brands International stock. The stock was sold at an average price of $62.48, for a total transaction of $998,055.52.

Restaurant Brands International Stock Up 0.1 %

QSR opened at $65.24 on Friday. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The company has a market capitalization of $21.17 billion, a PE ratio of 20.52, a P/E/G ratio of 1.77 and a beta of 0.93. The stock’s fifty day moving average is $63.44 and its 200-day moving average is $67.58. Restaurant Brands International Inc. has a one year low of $59.67 and a one year high of $83.29.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 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, equities analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors 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 yield of 3.80%. The ex-dividend date is Friday, March 21st. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.58. Restaurant Brands International’s dividend payout ratio (DPR) is presently 77.99%.

Institutional Trading of Restaurant Brands International

Several large investors have recently added to or reduced their stakes in the business. Dunhill Financial LLC lifted 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 purchasing an additional 200 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Restaurant Brands International by 79.4% during the third 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 in the last quarter. Venturi Wealth Management LLC lifted its position in shares of 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 buying an additional 314 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Restaurant Brands International during the 4th quarter valued at about $32,000. Finally, IFP Advisors Inc raised its stake in shares of Restaurant Brands International by 183.9% in the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator’s stock valued at $41,000 after acquiring an additional 412 shares in the last quarter. 82.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on QSR. Argus cut Restaurant Brands International from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Wells Fargo & Company cut their target price on Restaurant Brands International from $72.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 8th. TD Securities reissued a “hold” rating and set a $70.00 price target on shares of Restaurant Brands International in a research report on Tuesday, February 25th. Stifel Nicolaus cut their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a report on Friday, January 10th. 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 note on Friday, February 14th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, Restaurant Brands International presently has a consensus rating of “Hold” and a consensus price target 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.