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

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

Restaurant Brands International Trading Up 0.1 %

Shares of QSR opened at $65.24 on Friday. The stock has a market cap of $21.17 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International Inc. has a 1-year low of $59.67 and a 1-year high of $83.29. The firm has a 50 day simple moving average of $63.44 and a 200-day simple moving average of $67.60.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its 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%. Equities 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 announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be paid a $0.62 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.80%. The ex-dividend date is Friday, March 21st. Restaurant Brands International’s payout ratio is presently 77.99%.

Wall Street Analyst Weigh In

QSR has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Restaurant Brands International from $72.00 to $69.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. KeyCorp reduced their price objective on shares of Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating for the company in a research report on Wednesday, November 6th. Stifel Nicolaus reduced 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 report on Friday, January 10th. Oppenheimer reduced their price objective on shares of Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Finally, Barclays dropped their target price on shares of Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, Restaurant Brands International currently has an average rating of “Hold” and an average target price of $77.33.

Institutional Trading of Restaurant Brands International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Park Square Financial Group LLC purchased a new stake in Restaurant Brands International in the 4th quarter worth approximately $81,000. Public Employees Retirement System of Ohio grew its stake in 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 worth $3,510,000 after acquiring an additional 28,248 shares during the period. Burgundy Asset Management Ltd. boosted its holdings 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 purchasing an additional 4,464 shares during the last quarter. Vise Technologies Inc. boosted its holdings 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 purchasing an additional 1,071 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings 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 purchasing an additional 985,615 shares during the last quarter. 82.29% of the stock is owned by hedge funds and other institutional investors.

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.