Duncan Fulton Sells 27,500 Shares of Restaurant Brands International Inc. (NYSE:QSR) Stock

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Duncan Fulton sold 27,500 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $64.66, for a total transaction of $1,778,150.00. Following the transaction, the insider now directly owns 34,822 shares in the company, valued at $2,251,590.52. The trade was a 44.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Duncan Fulton also recently made the following trade(s):

• On Friday, February 21st, Duncan Fulton sold 15,974 shares of Restaurant Brands International stock. The shares were sold at an average price of $62.48, for a total transaction of $998,055.52.

Restaurant Brands International Stock Performance

Restaurant Brands International stock opened at $65.24 on Friday. Restaurant Brands International Inc. has a 12-month low of $59.67 and a 12-month high of $83.29. The company has a market capitalization 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. The firm’s fifty day moving average price is $63.44 and its 200 day moving average price is $67.60.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (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%. On average, research analysts forecast that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be given a $0.62 dividend. The ex-dividend date is Friday, March 21st. This represents a $2.48 annualized dividend and a dividend yield of 3.80%. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.58. Restaurant Brands International’s payout ratio is presently 77.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on QSR shares. TD Securities reaffirmed a “hold” rating and set a $70.00 price target on shares of Restaurant Brands International in a research note on Tuesday. Oppenheimer cut their price target on shares of Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Citigroup increased their price target on shares of Restaurant Brands International from $65.00 to $67.00 and gave the stock a “neutral” rating in a research note on Thursday, February 13th. Guggenheim raised shares of Restaurant Brands International from a “neutral” rating to a “buy” rating and cut their price target for the stock from $74.00 to $71.00 in a research note on Friday, January 24th. Finally, Stifel Nicolaus cut their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a research note on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $77.33.

Institutional Investors Weigh In On Restaurant Brands International

Several hedge funds and other institutional investors have recently modified their holdings of QSR. Dunhill Financial LLC increased its position in shares of Restaurant Brands International by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Farther Finance Advisors LLC increased its position 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 purchasing an additional 185 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of Restaurant Brands International by 213.6% in the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 314 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Restaurant Brands International in the 4th quarter worth about $32,000. Finally, IFP Advisors Inc increased its position in shares of Restaurant Brands International by 183.9% in the 4th 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 last quarter. Institutional investors own 82.29% of the company’s stock.

About Restaurant Brands International

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.