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

Key Points

• Insider sale: Jeffrey Housman sold 20,000 Restaurant Brands International shares on March 20 at an average of C$100.29 for about C$2,005,800, leaving him with 162,080 shares — a 10.98% reduction in his stake valued at roughly C$16.26M.
• Dividend increase: The company raised its quarterly dividend to $0.65 (from $0.62), paid April 2 with an annualized payout of $2.60 and a yield of 2.4%, while the dividend payout ratio stands at a high 105.53%.
• Market and analyst snapshot: QSR traded around C$106.71 (52-week range C$83.32–C$107.35) with a market cap of C$36.96B and a PE of 45.41; Piper Sandler upgraded the stock to "overweight" but the consensus target price averages C$84 and the rating is "Moderate Buy."

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR insider Jeffrey Housman sold 20,000 shares of the firm's stock in a transaction on Friday, March 20th. The stock was sold at an average price of C$100.29, for a total value of C$2,005,800.00. Following the completion of the sale, the insider owned 162,080 shares of the company's stock, valued at approximately C$16,255,003.20. This represents a 10.98% decrease in their ownership of the stock.

Restaurant Brands International Stock Performance

QSR stock remained flat at C$106.71 during mid-day trading on Friday. 2,357,244 shares of the company's stock were exchanged, compared to its average volume of 1,349,065. Restaurant Brands International Inc. has a fifty-two week low of C$83.32 and a fifty-two week high of C$107.35. The firm has a market cap of C$36.96 billion, a PE ratio of 45.41, a PEG ratio of 2.22 and a beta of 0.37. The company has a debt-to-equity ratio of 478.23, a current ratio of 0.98 and a quick ratio of 0.80. The company has a 50 day simple moving average of C$97.26 and a 200-day simple moving average of C$95.82.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last released its earnings results on Thursday, February 12th. The company reported C$1.32 earnings per share (EPS) for the quarter. Restaurant Brands International had a net margin of 8.23% and a return on equity of 23.08%. The firm had revenue of C$3.38 billion during the quarter. On average, equities analysts expect that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, April 2nd were given a $0.65 dividend. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.62. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $2.60 annualized dividend and a yield of 2.4%. Restaurant Brands International's dividend payout ratio is currently 105.53%.

Wall Street Analyst Weigh In

Separately, Piper Sandler upgraded Restaurant Brands International from a "hold" rating to an "overweight" rating and set a C$84.00 target price for the company in a research report on Sunday, March 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of C$84.00.

Restaurant Brands International Company Profile

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).

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