Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) insider Daniel S. Schwartz sold 1,041,882 shares of the business’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of $67.88, for a total value of $70,722,950.16. Following the completion of the transaction, the insider now directly owns 461,637 shares of the company’s stock, valued at $31,335,919.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Restaurant Brands International stock opened at $68.56 on Friday. The firm has a market capitalization of $17.45 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 2.75 and a beta of 1.39. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 3.47. Restaurant Brands International Inc has a 52 week low of $50.20 and a 52 week high of $69.26.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Monday, April 29th. The restaurant operator reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.04). The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Restaurant Brands International had a return on equity of 29.58% and a net margin of 11.16%. The business’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share. Research analysts predict that Restaurant Brands International Inc will post 2.67 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, June 17th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, June 14th. This represents a $2.00 annualized dividend and a yield of 2.92%. Restaurant Brands International’s dividend payout ratio is presently 76.05%.

Several research firms recently commented on QSR. Barclays upped their target price on Restaurant Brands International from $73.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, May 16th. Zacks Investment Research upgraded Restaurant Brands International from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. Longbow Research lowered Restaurant Brands International from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $70.50 to $55.00 in a research note on Monday, May 13th. Jefferies Financial Group began coverage on Restaurant Brands International in a research note on Thursday, May 9th. They issued a “hold” rating and a $70.00 target price for the company. Finally, ValuEngine upgraded Restaurant Brands International from a “hold” rating to a “buy” rating in a research note on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $69.83.

Large investors have recently made changes to their positions in the business. Proficio Capital Partners LLC increased its stake in Restaurant Brands International by 36.8% during the fourth quarter. Proficio Capital Partners LLC now owns 621 shares of the restaurant operator’s stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Enlightenment Research LLC acquired a new stake in Restaurant Brands International during the fourth quarter worth about $42,000. Cresset Asset Management LLC acquired a new stake in Restaurant Brands International during the first quarter worth about $48,000. Lindbrook Capital LLC increased its stake in Restaurant Brands International by 327.2% during the first quarter. Lindbrook Capital LLC now owns 786 shares of the restaurant operator’s stock worth $51,000 after acquiring an additional 602 shares during the last quarter. Finally, Howe & Rusling Inc. increased its stake in Restaurant Brands International by 357.4% during the first quarter. Howe & Rusling Inc. now owns 988 shares of the restaurant operator’s stock worth $64,000 after acquiring an additional 772 shares during the last quarter. Institutional investors own 81.47% of the company’s stock.

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About Restaurant Brands International

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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