Sami Siddiqui Sells 977 Shares of Restaurant Brands International (NYSE:QSR) Stock

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) CFO Sami Siddiqui sold 977 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total transaction of $65,888.88. Following the completion of the sale, the chief financial officer directly owned 12,116 shares in the company, valued at approximately $817,103.04. The trade was a 7.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Restaurant Brands International Stock Performance

Restaurant Brands International stock traded up $1.20 during midday trading on Thursday, reaching $68.66. 2,935,851 shares of the company’s stock were exchanged, compared to its average volume of 3,435,567. The stock’s 50-day simple moving average is $69.48 and its 200 day simple moving average is $67.31. The firm has a market cap 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 Inc. has a 52 week low of $58.71 and a 52 week high of $73.70.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its earnings results on Thursday, October 30th. The restaurant operator reported $1.03 EPS for the quarter, topping the consensus estimate 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 company had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the previous year, the company posted $0.93 EPS. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, analysts expect that Restaurant Brands International Inc. will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, December 23rd were paid a $0.62 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $2.48 dividend on an annualized basis and a yield of 3.6%. Restaurant Brands International’s dividend payout ratio is 88.26%.

More 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.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of QSR. Steigerwald Gordon & Koch Inc. bought a new stake in Restaurant Brands International in the third quarter valued at $29,000. Legend Financial Advisors Inc. acquired a new stake in shares of Restaurant Brands International in the 2nd quarter valued at about $33,000. CX Institutional increased its position in Restaurant Brands International by 928.0% in the 2nd quarter. CX Institutional now owns 514 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 464 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in Restaurant Brands International during the 2nd quarter worth approximately $35,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Restaurant Brands International in the second quarter worth approximately $36,000. 82.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

QSR has been the subject of a number of research reports. Oppenheimer reissued an “outperform” rating and set a $80.00 target price on shares of Restaurant Brands International in a report on Tuesday, November 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $82.00 price target on shares of Restaurant Brands International in a research note on Tuesday, December 9th. Barclays increased their price objective 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. Citigroup boosted their price objective on shares of Restaurant Brands International from $72.00 to $74.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Finally, Northcoast Research lowered shares of Restaurant Brands International from a “buy” rating to a “neutral” rating in a report on Friday, September 12th. Eleven investment 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, the stock presently has an average rating of “Hold” and a consensus 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.