Restaurant Brands International SVP Jacqueline Friesner sells $562,524 in stock

Published 27/02/2025, 23:30
Restaurant Brands International SVP Jacqueline Friesner sells $562,524 in stock

Jacqueline Friesner, Senior Vice President, Controller, and Principal Accounting Officer at Restaurant Brands International Inc. (NYSE:QSR), recently sold a portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Friesner sold 8,737 common shares at an average price of $64.38 per share, amounting to a total sale value of $562,524. The transaction comes as QSR maintains a strong market position with a market capitalization of $29.5 billion and demonstrates solid financial health, earning a "GOOD" rating according to InvestingPro metrics.

The sale was part of a series of transactions reported for February 25, 2025. In addition to the sale, Friesner also acquired 22,252 common shares without any cost through a separate transaction related to performance-based restricted share units that vested based on the company’s performance metrics. After these transactions, Friesner holds 181,574 common shares directly. Notably, QSR has maintained dividend payments for 11 consecutive years, with a current dividend yield of 3.89% and a 12.7% dividend growth in the last twelve months.

Restaurant Brands International, headquartered in Miami, is a global fast-food company known for its brands like Burger King, Tim Hortons, and Popeyes. The company’s stock trades on the New York Stock Exchange under the ticker QSR. For deeper insights into QSR’s valuation and growth prospects, including 8 additional exclusive ProTips, check out the comprehensive research report available on InvestingPro.

In other recent news, Restaurant Brands International has finalized the acquisition of Burger King China for approximately $158 million, gaining near-total ownership of the business. This strategic move is part of the company’s broader efforts to expand its presence in the Chinese market. Meanwhile, analysts from TD Cowen have downgraded Restaurant Brands International’s stock rating from Buy to Hold, setting a price target of $70. The downgrade reflects concerns over potential challenges in the Canadian market and competitive pressures in the fast-food industry.

In contrast, JPMorgan maintains an Overweight rating with an $80 price target, citing a stronger-than-expected fourth-quarter performance with a 2.5% increase in global sales. BMO Capital also remains optimistic, reiterating an Outperform rating and setting a price target of $86, following better-than-expected earnings per share of $0.81. Despite the competitive challenges, BMO believes the company is on track with its long-term growth plans.

Stifel, however, continues to hold a more cautious view, maintaining a Hold rating with a $68 price target. The firm notes modest EBITDA growth since the acquisition of Popeyes in 2017 and considers a potential demerger scenario, although it assigns a low probability to this outcome. These recent developments highlight the varying perspectives among analysts regarding Restaurant Brands International’s future prospects.

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