Restaurant Brands International (NYSE:QSR) Insider Jeffrey Housman Sells 1,483 Shares

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) insider Jeffrey Housman sold 1,483 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total value of $100,013.52. Following the sale, the insider owned 148,086 shares in the company, valued at $9,986,919.84. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Jeffrey Housman also recently made the following trade(s):

• On Monday, December 15th, Jeffrey Housman sold 5,835 shares of Restaurant Brands International stock. The shares were sold at an average price of $70.87, for a total transaction of $413,526.45.

Restaurant Brands International Trading Up 1.8%

NYSE QSR traded up $1.20 during trading on Thursday, hitting $68.66. The stock had a trading volume of 2,935,851 shares, compared to its average volume of 3,435,567. Restaurant Brands International Inc. has a one year low of $58.71 and a one year high of $73.70. The stock has a 50 day simple moving average of $69.48 and a 200 day simple moving average of $67.31. The stock has a market capitalization of $22.52 billion, a price-to-earnings ratio of 24.44, a P/E/G ratio of 2.48 and a beta of 0.59. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.98 and a current ratio of 1.06.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its earnings results on Thursday, October 30th. The restaurant operator reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.03. Restaurant Brands International had a return on equity of 32.43% and a net margin of 9.95%.The firm had revenue of $2.45 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter in the prior year, the firm posted $0.93 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Sell-side analysts predict that Restaurant Brands International Inc. will post 3.72 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, December 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is 88.26%.

Key Restaurant Brands International News

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Barclays raised its price target from $78 to $86 and moved to an “overweight” rating, signaling stronger upside (about ~25% from recent levels). This is a direct catalyst for positive sentiment. Read More.
• Positive Sentiment: BMO Capital issued a buy on QSR, adding another institutional endorsement that supports demand for the shares. Read More.
• Positive Sentiment: Aggregate analyst sentiment is tilted bullish — roughly 60% of analysts are positive with a median price target around $77.50, implying notable upside vs. current levels. That improves conviction among growth/value investors. Read More.
• Negative Sentiment: Zacks highlights rising beef costs as a near-term headwind to Burger King U.S. margins; the company calls the cost pressure cyclical but it could compress profits in upcoming quarters. Monitor commodity trends and margin guidance. Read More.
• Negative Sentiment: Multiple insiders (including CEO Joshua Kobza and CFO Sami Siddiqui) disclosed share sales on Jan. 7 — about 10 insiders sold small portions of their holdings, totaling roughly $0.9M. The individual reductions were generally modest (fractions of their positions), but clustered insider selling can be read as a short-term negative by some investors. Read More.

Hedge Funds Weigh In On Restaurant Brands International

Several hedge funds have recently modified their holdings of QSR. Raleigh Capital Management Inc. boosted its stake in Restaurant Brands International by 2.2% in the 2nd quarter. Raleigh Capital Management Inc. now owns 6,937 shares of the restaurant operator’s stock worth $460,000 after purchasing an additional 151 shares in the last quarter. Ritholtz Wealth Management increased its stake in Restaurant Brands International by 3.6% during the 2nd quarter. Ritholtz Wealth Management now owns 4,983 shares of the restaurant operator’s stock valued at $330,000 after purchasing an additional 174 shares in the last quarter. MAI Capital Management raised its holdings 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 buying an additional 180 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its stake in shares of Restaurant Brands International by 2.5% during the third quarter. Legacy Wealth Asset Management LLC now owns 7,868 shares of the restaurant operator’s stock worth $505,000 after buying an additional 192 shares during the period. Finally, UMB Bank n.a. grew its holdings in shares of Restaurant Brands International by 49.3% during the second quarter. UMB Bank n.a. now owns 606 shares of the restaurant operator’s stock valued at $40,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 82.29% of the company’s stock.

Wall Street Analyst Weigh In

QSR has been the topic of several recent analyst reports. Barclays raised their price target on shares of Restaurant Brands International from $78.00 to $86.00 and gave the stock an “overweight” rating in a research note on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Restaurant Brands International in a report on Wednesday, October 8th. Citigroup increased their target price on shares of Restaurant Brands International from $72.00 to $74.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Scotiabank boosted their price target on shares of Restaurant Brands International from $73.00 to $74.00 and gave the company a “sector perform” rating in a report on Friday, October 31st. Finally, Oppenheimer reiterated an “outperform” rating and set a $80.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, November 25th. Eleven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $76.18.

About Restaurant Brands International

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.