Restaurant Brands International Inc (QSR) Insider José E. Cil Sells 36,039 Shares of Stock
Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) insider José E. Cil sold 36,039 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$64.00, for a total value of C$2,306,496.00.
Shares of Restaurant Brands International Inc (QSR) opened at 80.45 on Tuesday. Restaurant Brands International Inc has a 52 week low of $57.23 and a 52 week high of $84.19. The firm’s 50-day moving average is $77.52 and its 200 day moving average is $77.93. The company has a market capitalization of $19.01 billion and a PE ratio of 56.30.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Thursday, September 14th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.10.
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Separately, CSFB upgraded shares of Restaurant Brands International from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$77.75.
Restaurant Brands International Company Profile
Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.
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