Restaurant Brands International Inc (QSR) Director Ali Hedayat Purchases 5,000 Shares

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) Director Ali Hedayat purchased 5,000 shares of the business’s stock in a transaction on Wednesday, February 14th. The shares were acquired at an average cost of C$72.86 per share, for a total transaction of C$364,300.00.

Shares of Restaurant Brands International Inc (QSR) traded up C$1.00 during mid-day trading on Friday, hitting C$73.79. 139,138 shares of the stock were exchanged, compared to its average volume of 624,979. The company has a market cap of $33,720.00, a PE ratio of 79.54 and a beta of 1.14. Restaurant Brands International Inc has a 12 month low of C$69.33 and a 12 month high of C$88.36.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its earnings results on Monday, February 12th. The company reported C$0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.72 by C$0.12. The company had revenue of C$1.57 billion for the quarter, compared to analysts’ expectations of C$1.59 billion. Restaurant Brands International had a net margin of 20.42% and a return on equity of 18.07%.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be issued a $0.554 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 3.00%. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, March 14th. Restaurant Brands International’s dividend payout ratio is presently 80.43%.

A number of brokerages have recently issued reports on QSR. Cowen dropped their target price on shares of Restaurant Brands International from C$72.00 to C$69.00 in a report on Tuesday. BMO Capital Markets dropped their target price on shares of Restaurant Brands International from C$72.00 to C$70.00 in a report on Tuesday. Evercore ISI reaffirmed an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Evercore reaffirmed an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Finally, Royal Bank of Canada upped their target price on shares of Restaurant Brands International to C$97.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Restaurant Brands International has a consensus rating of “Buy” and an average target price of C$80.20.

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Restaurant Brands International Company Profile

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 (TSE:QSR)

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