Insider Selling: Restaurant Brands International (NYSE:QSR) Insider Sells $4,671,554.36 in Stock

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Axel Schwan sold 57,574 shares of the company’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $81.14, for a total value of $4,671,554.36. Following the sale, the insider owned 209,908 shares in the company, valued at $17,031,935.12. The trade was a 21.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Restaurant Brands International Stock Down 1.5%

Shares of NYSE:QSR traded down $1.18 during trading on Wednesday, hitting $77.09. 2,772,594 shares of the company were exchanged, compared to its average volume of 3,187,791. The stock has a market cap of $26.88 billion, a price-to-earnings ratio of 20.72, a P/E/G ratio of 2.24 and a beta of 0.51. Restaurant Brands International Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $81.96. The firm has a fifty day moving average price of $75.92 and a two-hundred day moving average price of $75.19. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 2.49.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. Restaurant Brands International had a return on equity of 33.43% and a net margin of 13.12%.The company had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the prior year, the business posted $0.94 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. As a group, research analysts anticipate that Restaurant Brands International Inc. will post 4.03 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be paid a $0.65 dividend. The ex-dividend date is Friday, September 18th. This represents a $2.60 dividend on an annualized basis and a yield of 3.4%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 69.89%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Restaurant Brands International from $78.00 to $79.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Robert W. Baird upped their price objective on Restaurant Brands International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Royal Bank Of Canada set a $85.00 price objective on Restaurant Brands International and gave the company an “outperform” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded Restaurant Brands International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Finally, CL King set a $80.00 target price on Restaurant Brands International in a report on Monday, August 10th. Sixteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Restaurant Brands International presently has an average rating of “Moderate Buy” and a consensus price target of $84.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lloyd Advisory Services LLC. bought a new position in Restaurant Brands International in the 4th quarter valued at about $25,000. Larson Financial Group LLC boosted its holdings in shares of Restaurant Brands International by 1,922.2% during the fourth quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 346 shares during the period. Groupe la Francaise acquired a new position in shares of Restaurant Brands International in the second quarter valued at approximately $27,000. Western Wealth Management LLC acquired a new position in shares of Restaurant Brands International in the first quarter valued at approximately $28,000. Finally, CoreCap Advisors LLC increased its stake in shares of Restaurant Brands International by 304.3% during the second quarter. CoreCap Advisors LLC now owns 465 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 350 shares during the period. Institutional investors and hedge funds own 82.29% of the company’s stock.

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.