Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) Director Marc Caira sold 49,804 shares of Restaurant Brands International stock in a transaction on Monday, November 20th. The stock was sold at an average price of $65.62, for a total transaction of $3,268,138.48. Following the completion of the transaction, the director now directly owns 124,643 shares of the company’s stock, valued at approximately $8,179,073.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Restaurant Brands International Inc. (NYSE:QSR) traded down $0.01 during mid-day trading on Wednesday, hitting $65.86. The stock had a trading volume of 1,092,322 shares, compared to its average volume of 1,063,344. Restaurant Brands International Inc. has a one year low of $46.88 and a one year high of $68.89. The firm has a market capitalization of $15,650.00 and a price-to-earnings ratio of 34.72. The company has a current ratio of 3.45, a quick ratio of 3.38 and a debt-to-equity ratio of 2.70.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.09. Restaurant Brands International had a return on equity of 23.53% and a net margin of 12.40%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. equities analysts expect that Restaurant Brands International Inc. will post 1.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Investors of record on Friday, December 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.28%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, December 14th. Restaurant Brands International’s dividend payout ratio is presently 55.56%.

Restaurant Brands International declared that its Board of Directors has approved a share repurchase plan on Wednesday, August 2nd that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the restaurant operator to purchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

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A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Restaurant Brands International from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Citigroup Inc. boosted their price target on shares of Restaurant Brands International from $71.00 to $78.00 and gave the company a “buy” rating in a report on Monday, November 6th. Wells Fargo & Company boosted their price target on shares of Restaurant Brands International from $60.00 to $68.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Royal Bank Of Canada boosted their price target on shares of Restaurant Brands International from $69.00 to $77.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. They noted that the move was a valuation call. Finally, Oppenheimer Holdings, Inc. lifted their price objective on shares of Restaurant Brands International from $70.00 to $75.00 and gave the company an “outperform” rating in a research note on Thursday, October 19th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $69.88.

Several hedge funds and other institutional investors have recently modified their holdings of QSR. FMR LLC grew its position in Restaurant Brands International by 10.9% in the second quarter. FMR LLC now owns 15,492,590 shares of the restaurant operator’s stock valued at $969,362,000 after acquiring an additional 1,528,447 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Restaurant Brands International by 1.2% during the third quarter. Principal Financial Group Inc. now owns 8,547,152 shares of the restaurant operator’s stock worth $545,992,000 after purchasing an additional 101,543 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Restaurant Brands International by 5.7% during the second quarter. Vanguard Group Inc. now owns 4,987,402 shares of the restaurant operator’s stock worth $311,912,000 after purchasing an additional 268,220 shares during the last quarter. Suvretta Capital Management LLC grew its holdings in shares of Restaurant Brands International by 12.1% during the third quarter. Suvretta Capital Management LLC now owns 3,861,310 shares of the restaurant operator’s stock worth $246,660,000 after purchasing an additional 415,540 shares during the last quarter. Finally, TD Asset Management Inc. grew its holdings in shares of Restaurant Brands International by 6.3% during the third quarter. TD Asset Management Inc. now owns 3,535,175 shares of the restaurant operator’s stock worth $225,342,000 after purchasing an additional 208,443 shares during the last quarter. Institutional investors and hedge funds own 75.33% 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.

Insider Buying and Selling by Quarter for Restaurant Brands International (NYSE:QSR)

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