Jeffrey Housman Sells 20,000 Shares of Restaurant Brands International (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of C$100.29, for a total transaction of C$2,005,800.00. Following the completion of the sale, the insider directly owned 162,080 shares of the company’s stock, valued at C$16,255,003.20. The trade was a 10.98% decrease in their position.

Restaurant Brands International Stock Performance

Shares of TSE QSR opened at C$106.71 on Monday. The company’s fifty day moving average is C$97.26 and its 200-day moving average is C$95.94. The stock has a market cap of C$36.98 billion, a price-to-earnings ratio of 45.41, a P/E/G ratio of 2.22 and a beta of 0.22. Restaurant Brands International Inc. has a twelve month low of C$83.32 and a twelve month high of C$107.35. The company has a quick ratio of 0.80, a current ratio of 0.98 and a debt-to-equity ratio of 478.23.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its quarterly earnings data on Thursday, February 12th. The company reported C$1.32 EPS for the quarter. Restaurant Brands International had a return on equity of 23.08% and a net margin of 8.23%.The business had revenue of C$3.38 billion for the quarter. Equities research analysts predict that Restaurant Brands International Inc. will post 7.3241225 EPS for the current year.

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Thursday, March 19th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. Restaurant Brands International’s dividend payout ratio (DPR) is currently 105.53%.

Analysts Set New Price Targets

Separately, Piper Sandler upgraded shares of Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 price objective on the stock in a report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$84.00.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).