Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) EVP Jose E. Cil sold 105,540 shares of the business’s stock in a transaction on Friday, June 16th. The shares were sold at an average price of $59.86, for a total transaction of $6,317,624.40. Following the sale, the executive vice president now directly owns 58,644 shares in the company, valued at $3,510,429.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Restaurant Brands International Inc. (QSR) traded up 1.73% on Monday, hitting $61.90. 2,455,410 shares of the company traded hands. The stock has a market cap of $14.58 billion, a PE ratio of 42.90 and a beta of 1.81. The stock’s 50-day moving average is $59.25 and its 200 day moving average is $53.96. Restaurant Brands International Inc. has a 12 month low of $39.28 and a 12 month high of $62.58.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Wednesday, April 26th. The restaurant operator reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. Restaurant Brands International had a net margin of 12.97% and a return on equity of 21.88%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $989.16 million. During the same quarter last year, the business earned $0.30 earnings per share. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. Equities research analysts expect that Restaurant Brands International Inc. will post $1.85 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Monday, May 15th will be paid a $0.19 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Thursday, May 11th. This represents a $0.76 annualized dividend and a dividend yield of 1.23%. Restaurant Brands International’s dividend payout ratio (DPR) is 52.41%.

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QSR has been the topic of a number of research analyst reports. Cowen and Company boosted their price objective on shares of Restaurant Brands International from $52.00 to $54.00 and gave the company a “market perform” rating in a report on Friday, April 28th. Zacks Investment Research raised shares of Restaurant Brands International from a “sell” rating to a “hold” rating in a report on Friday, February 24th. Stephens reissued an “overweight” rating and set a $58.00 price objective on shares of Restaurant Brands International in a report on Wednesday, February 22nd. Longbow Research raised shares of Restaurant Brands International from an “underperform” rating to a “neutral” rating in a report on Thursday, February 23rd. Finally, Royal Bank Of Canada boosted their price objective on shares of Restaurant Brands International from $59.00 to $63.00 and gave the company an “outperform” rating in a report on Wednesday, February 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $58.50.

Several hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc boosted its position in shares of Restaurant Brands International by 21.9% in the first quarter. IFP Advisors Inc now owns 1,817 shares of the restaurant operator’s stock worth $101,000 after buying an additional 327 shares during the last quarter. Westpac Banking Corp boosted its position in shares of Restaurant Brands International by 1,037.1% in the first quarter. Westpac Banking Corp now owns 1,933 shares of the restaurant operator’s stock worth $108,000 after buying an additional 1,763 shares during the last quarter. Creative Planning boosted its position in shares of Restaurant Brands International by 5.4% in the first quarter. Creative Planning now owns 2,101 shares of the restaurant operator’s stock worth $117,000 after buying an additional 108 shares during the last quarter. Tyers Asset Management LLC acquired a new position in shares of Restaurant Brands International during the fourth quarter worth about $137,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Restaurant Brands International by 10.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,228 shares of the restaurant operator’s stock worth $179,000 after buying an additional 306 shares during the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.

About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

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