Joshua Kobza Sells 3,443 Shares of Restaurant Brands International (NYSE:QSR) Stock

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) CEO Joshua Kobza sold 3,443 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $67.44, for a total value of $232,195.92. Following the transaction, the chief executive officer directly owned 952,620 shares of the company’s stock, valued at $64,244,692.80. This trade represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Joshua Kobza also recently made the following trade(s):

• On Monday, December 15th, Joshua Kobza sold 25,472 shares of Restaurant Brands International stock. The stock was sold at an average price of $70.91, for a total value of $1,806,219.52.

Restaurant Brands International Trading Up 0.5%

NYSE QSR opened at $68.99 on Friday. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $73.70. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 2.65. The stock has a 50 day moving average of $69.57 and a 200-day moving average of $67.34. The company has a market cap of $22.63 billion, a PE ratio of 24.55, a PEG ratio of 2.50 and a beta of 0.59.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings results on Thursday, October 30th. The restaurant operator reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.03. Restaurant Brands International had a net margin of 9.95% and a return on equity of 32.43%. The firm had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the firm posted $0.93 earnings per share. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, equities research analysts anticipate that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.62 per share. 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 (DPR) is presently 88.26%.

Wall Street Analyst Weigh In

QSR has been the subject of several research analyst reports. Morgan Stanley set a $77.00 target price on Restaurant Brands International in a research note on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Restaurant Brands International in a research report on Wednesday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $82.00 price objective on shares of Restaurant Brands International in a report on Tuesday, December 9th. Barclays raised their target price 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. Finally, Scotiabank lifted their target price on shares of Restaurant Brands International from $73.00 to $74.00 and gave the stock a “sector perform” rating in a report on Friday, October 31st. Eleven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $76.57.

Hedge Funds Weigh In On Restaurant Brands International

Several institutional investors and hedge funds have recently modified their holdings of QSR. Steigerwald Gordon & Koch Inc. acquired a new stake in Restaurant Brands International in the 3rd quarter worth about $29,000. Legend Financial Advisors Inc. bought a new position in shares of Restaurant Brands International during the second quarter worth approximately $33,000. CX Institutional increased its holdings in shares of Restaurant Brands International by 928.0% during the second quarter. CX Institutional now owns 514 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 464 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Restaurant Brands International in the second quarter valued at approximately $35,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Restaurant Brands International in the second quarter valued at approximately $36,000. 82.29% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Restaurant Brands International

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Barclays raised its price target on QSR to $86 and kept an “overweight” rating — a clear near?term catalyst that can attract buying interest versus the current price. Barclays Raises Price Target to $86
• Positive Sentiment: BMO Capital issued a “buy” on QSR, adding another institutional endorsement that supports demand for the shares. BMO Buy on QSR
• Positive Sentiment: Analyst breadth is skewed positive: roughly 60% of analysts are bullish with a median target near $77.50 — supports expectations of upside from current levels. Analyst Sentiment Roundup
• Positive Sentiment: Recent dividend paid (quarterly $0.62; ~3.6% yield) keeps income investors engaged — yield plus analyst upgrades can buoy the stock. MarketBeat QSR Profile (includes dividend)
• Neutral Sentiment: QSR’s last published quarterly results beat estimates (Oct. 30), showing revenue and EPS growth; that underpins the positive analyst views but is an older data point investors should refresh at next report. Earnings Recap
• Negative Sentiment: Clustered insider selling on Jan. 7 — including CEO and CFO (collective disclosed sales ~13.7k shares across executives) — can sap sentiment even if trades are for diversification or tax reasons. Representative filing: CEO Form 4. SEC Filing: CEO Sale
• Negative Sentiment: Rising U.S. beef costs are pressuring Burger King U.S. margins in the near term — a commodity headwind to profit growth even if management calls the cycle temporary. Watch gross?margin commentary in upcoming franchise and earnings updates. Zacks: Beef Costs Pressure Margins

Restaurant Brands International Company Profile

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.