Restaurant Brands International Inc. (NYSE:QSR – Get Free Report) (TSE:QSR) insider Jill Granat sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.76, for a total value of $1,869,000.00. Following the transaction, the insider directly owned 478,845 shares of the company’s stock, valued at $35,798,452.20. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Jill Granat also recently made the following trade(s):
- On Wednesday, March 18th, Jill Granat sold 25,000 shares of Restaurant Brands International stock. The stock was sold at an average price of $75.09, for a total value of $1,877,250.00.
- On Monday, February 23rd, Jill Granat sold 11,525 shares of Restaurant Brands International stock. The shares were sold at an average price of $67.51, for a total value of $778,052.75.
- On Wednesday, January 7th, Jill Granat sold 1,925 shares of Restaurant Brands International stock. The stock was sold at an average price of $67.44, for a total value of $129,822.00.
Restaurant Brands International Stock Performance
QSR stock traded down $0.68 during mid-day trading on Wednesday, reaching $74.37. The company had a trading volume of 10,792,755 shares, compared to its average volume of 3,376,366. Restaurant Brands International Inc. has a one year low of $58.71 and a one year high of $75.57. The stock has a market capitalization of $25.82 billion, a P/E ratio of 31.51, a P/E/G ratio of 2.12 and a beta of 0.56. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 2.62. The stock’s 50-day simple moving average is $69.59 and its two-hundred day simple moving average is $68.30.
Restaurant Brands International Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Thursday, March 19th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. This represents a $2.60 annualized dividend and a yield of 3.5%. Restaurant Brands International’s dividend payout ratio is presently 105.08%.
Institutional Investors Weigh In On Restaurant Brands International
Several large investors have recently modified their holdings of the stock. D.A. Davidson & CO. raised its holdings in Restaurant Brands International by 1.9% during the 4th quarter. D.A. Davidson & CO. now owns 8,451 shares of the restaurant operator’s stock worth $577,000 after buying an additional 154 shares during the period. Capital Analysts LLC lifted its stake in Restaurant Brands International by 20.6% during the fourth quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock valued at $63,000 after buying an additional 158 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in shares of Restaurant Brands International by 2.0% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 8,029 shares of the restaurant operator’s stock worth $548,000 after buying an additional 161 shares during the period. Applied Finance Capital Management LLC boosted its holdings in shares of Restaurant Brands International by 1.9% in the fourth quarter. Applied Finance Capital Management LLC now owns 9,440 shares of the restaurant operator’s stock worth $644,000 after buying an additional 179 shares during the period. Finally, MAI Capital Management increased its position in shares of Restaurant Brands International by 4.1% in the second quarter. MAI Capital Management now owns 4,595 shares of the restaurant operator’s stock worth $305,000 after acquiring an additional 180 shares in the last quarter. 82.29% of the stock is owned by institutional investors.
Restaurant Brands International News Summary
Here are the key news stories impacting Restaurant Brands International this week:
- Positive Sentiment: Oppenheimer raised its price target to $85 and kept an outperform view, giving analysts a fresh bullish catalyst for QSR. Oppenheimer Raises PT
- Positive Sentiment: Company announced a quarterly dividend increase to $0.65 (annualized $2.60), boosting yield to ~3.5% and supporting income investors. Dividend Increase
- Positive Sentiment: Several firms have recently nudged targets higher (Morgan Stanley, Piper Sandler, RBC among them) and the Street consensus remains a Moderate Buy with an average target near $79, providing broader analyst support. Analyst Coverage
- Neutral Sentiment: Unusually large call‑option activity — ~273,975 calls traded (a >22,000% jump versus typical volume) — indicates heavy bullish/speculative positioning that could amplify intraday moves.
- Neutral Sentiment: Intraday volume is materially above average (~10.8M vs. ~3.4M), so price moves today reflect heightened interest and faster information digestion by the market.
- Negative Sentiment: Substantial insider selling: CEO Joshua Kobza sold 200,000 shares (~$15.0M) and CFO Sami Siddiqui sold 40,000 shares, plus other insider disposals (Jill Granat, Jacqueline Friesner, Thiago Santelmo). Large director/exec sales can weigh on sentiment and likely contributed to the share decline. SEC filings: CEO Form 4 CFO Form 4
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on QSR. BMO Capital Markets lowered their price target on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Sanford C. Bernstein set a $82.00 target price on Restaurant Brands International in a research note on Friday, February 13th. Royal Bank Of Canada lifted their target price on Restaurant Brands International from $80.00 to $83.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Piper Sandler upgraded shares of Restaurant Brands International from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $71.00 to $84.00 in a research report on Monday, March 2nd. Finally, Truist Financial upped their price target on shares of Restaurant Brands International from $83.00 to $87.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Fourteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $79.19.
Restaurant Brands International Company Profile
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.
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