Restaurant Brands International Inc (QSR) Insider José E. Cil Sells 96,872 Shares
Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) insider José E. Cil sold 96,872 shares of the business’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of C$63.68, for a total value of C$6,168,808.96.
Restaurant Brands International Inc (QSR) opened at 80.45 on Tuesday. Restaurant Brands International Inc has a 12-month low of $57.23 and a 12-month high of $84.19. The company has a market capitalization of $19.01 billion and a P/E ratio of 56.30. The company has a 50-day moving average of $77.52 and a 200 day moving average of $77.93.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, September 15th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Thursday, September 14th. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.10.
Separately, CSFB upgraded shares of Restaurant Brands International from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$77.75.
About Restaurant Brands International
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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