Ali Hedayat Sells 8,537 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Ali Hedayat sold 8,537 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of C$102.20, for a total transaction of C$872,481.40.

Restaurant Brands International Stock Performance

Shares of QSR stock opened at C$102.01 on Wednesday. The company has a debt-to-equity ratio of 299.34, a quick ratio of 0.80 and a current ratio of 1.08. Restaurant Brands International Inc. has a one year low of C$84.73 and a one year high of C$112.12. The company’s 50-day simple moving average is C$104.15 and its 200-day simple moving average is C$101.46. The stock has a market capitalization of C$32.27 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 2.22 and a beta of 0.93.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, topping the consensus estimate of C$0.99 by C$0.03. The firm had revenue of C$2.48 billion for the quarter, compared to analyst estimates of C$2.44 billion. Restaurant Brands International had a net margin of 17.17% and a return on equity of 38.68%. Equities analysts anticipate that Restaurant Brands International Inc. will post 6.4635514 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Investors of record on Friday, June 21st will be paid a dividend of $0.784 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend is Friday, June 21st. This represents a $3.14 annualized dividend and a yield of 3.07%. Restaurant Brands International’s dividend payout ratio is 59.70%.

Analyst Ratings Changes

Separately, Royal Bank of Canada increased their price target on shares of Restaurant Brands International from C$81.00 to C$90.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th.

Restaurant Brands International Company Profile

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.