Ali Hedayat Sells 8,537 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Ali Hedayat sold 8,537 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of C$102.20, for a total value of C$872,481.40.

Restaurant Brands International Stock Down 1.2 %

QSR opened at C$100.82 on Thursday. The company has a fifty day moving average of C$104.15 and a two-hundred day moving average of C$101.46. The stock has a market capitalization of C$31.90 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 2.22 and a beta of 0.93. Restaurant Brands International Inc. has a fifty-two week low of C$84.73 and a fifty-two week high of C$112.12. The company has a debt-to-equity ratio of 299.34, a quick ratio of 0.80 and a current ratio of 1.08.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its earnings results on Tuesday, February 13th. The company reported C$1.02 EPS for the quarter, beating analysts’ consensus estimates of C$0.99 by C$0.03. The firm had revenue of C$2.48 billion for the quarter, compared to analysts’ expectations of C$2.44 billion. Restaurant Brands International had a return on equity of 38.68% and a net margin of 17.17%. On average, research analysts expect that Restaurant Brands International Inc. will post 6.4635514 earnings per share for the current year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, June 21st will be given a $0.784 dividend. The ex-dividend date of this dividend is Friday, June 21st. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.78. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.11%. Restaurant Brands International’s payout ratio is 59.70%.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upped their price objective on Restaurant Brands International from C$81.00 to C$90.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th.

About Restaurant Brands International

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.