Restaurant Brands International Inc. (NYSE:QSR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have been assigned an average rating of “Moderate Buy” from the twenty-seven brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eighteen have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $83.11.

QSR has been the subject of a number of research reports. Royal Bank of Canada lifted their target price on shares of Restaurant Brands International from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, September 12th. TD Cowen reissued a “buy” rating and issued a $82.00 price target on shares of Restaurant Brands International in a report on Thursday, September 12th. KeyCorp decreased their price objective on Restaurant Brands International from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, June 27th. Bank of America boosted their target price on shares of Restaurant Brands International from $72.00 to $79.00 and gave the company an “underperform” rating in a research note on Wednesday, July 17th. Finally, Guggenheim raised their price target on shares of Restaurant Brands International from $73.00 to $74.00 and gave the stock a “neutral” rating in a research note on Monday, September 9th.

Insider Transactions at Restaurant Brands International

In related news, insider Axel Mr Schwan sold 36,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $70.44, for a total transaction of $2,535,840.00. Following the completion of the sale, the insider now directly owns 97,479 shares of the company’s stock, valued at approximately $6,866,420.76. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Restaurant Brands International news, insider Thomas Benjamin Curtis sold 6,536 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $68.63, for a total value of $448,565.68. Following the transaction, the insider now directly owns 37,179 shares of the company’s stock, valued at approximately $2,551,594.77. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Axel Mr Schwan sold 36,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $70.44, for a total transaction of $2,535,840.00. Following the sale, the insider now directly owns 97,479 shares of the company’s stock, valued at approximately $6,866,420.76. The disclosure for this sale can be found here. Corporate insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Barometer Capital Management Inc. raised its stake in shares of Restaurant Brands International by 27,623.2% in the 4th quarter. Barometer Capital Management Inc. now owns 80,120 shares of the restaurant operator’s stock valued at $6,260,000 after purchasing an additional 79,831 shares in the last quarter. Royal Fund Management LLC acquired a new stake in Restaurant Brands International during the first quarter valued at approximately $1,067,000. Quantbot Technologies LP bought a new position in Restaurant Brands International during the 1st quarter worth approximately $850,000. Oppenheimer & Co. Inc. lifted its holdings in Restaurant Brands International by 16.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 74,421 shares of the restaurant operator’s stock worth $5,913,000 after buying an additional 10,544 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of Restaurant Brands International by 6.1% in the 1st quarter. Russell Investments Group Ltd. now owns 124,770 shares of the restaurant operator’s stock worth $9,915,000 after acquiring an additional 7,196 shares in the last quarter. 82.29% of the stock is currently owned by institutional investors.

Restaurant Brands International Price Performance

QSR stock opened at $72.50 on Friday. The firm has a 50 day moving average of $69.95 and a 200-day moving average of $71.44. The company has a market cap of $22.97 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 2.13 and a beta of 0.93. The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 2.71. Restaurant Brands International has a 12-month low of $61.77 and a 12-month high of $83.29.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its earnings results on Thursday, August 8th. The restaurant operator reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.05 billion. Restaurant Brands International had a return on equity of 30.78% and a net margin of 16.99%. As a group, equities analysts expect that Restaurant Brands International will post 3.37 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, September 20th will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Friday, September 20th. Restaurant Brands International’s dividend payout ratio (DPR) is 59.79%.

Restaurant Brands International Company Profile

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.