Restaurant Brands International Inc. (NYSE:QSR – Get Free Report) (TSE:QSR) CFO Sami A. Siddiqui sold 18,477 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.35, for a total transaction of $1,152,040.95. Following the completion of the sale, the chief financial officer now directly owns 55,761 shares in the company, valued at $3,476,698.35. This represents a 24.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Restaurant Brands International Stock Down 0.9 %
Shares of NYSE QSR opened at $63.72 on Thursday. The firm has a fifty day simple moving average of $63.48 and a two-hundred day simple moving average of $67.65. The firm has a market capitalization of $20.67 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. Restaurant Brands International Inc. has a 12 month low of $59.67 and a 12 month high of $83.29.
Restaurant Brands International (NYSE:QSR – Get Free Report) (TSE:QSR) last issued its quarterly earnings data 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 expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.
Restaurant Brands International Increases Dividend
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Jefferies Financial Group decreased 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. TD Securities reaffirmed a “hold” rating and issued a $70.00 price objective on shares of Restaurant Brands International in a research note on Tuesday. Citigroup increased their target price on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Guggenheim raised shares of Restaurant Brands International from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $74.00 to $71.00 in a research note on Friday, January 24th. Finally, KeyCorp reduced their price objective on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $77.96.
Get Our Latest Stock Report on Restaurant Brands International
Institutional Investors Weigh In On Restaurant Brands International
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dunhill Financial LLC boosted its holdings in shares of Restaurant Brands International by 100.0% during 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 in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Restaurant Brands International by 79.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator’s stock worth $30,000 after acquiring an additional 185 shares in the last quarter. Venturi Wealth Management LLC lifted its position in Restaurant Brands International by 213.6% during the 4th 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 period. SBI Securities Co. Ltd. bought a new stake in Restaurant Brands International during the fourth quarter worth about $32,000. Finally, IFP Advisors Inc grew its holdings in Restaurant Brands International by 183.9% in the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator’s stock worth $41,000 after purchasing an additional 412 shares during the period. 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.
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