Restaurant Brands International Inc. (NYSE:QSR) Receives $82.27 Consensus Target Price from Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given a consensus rating of “Moderate Buy” by the twenty-five research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and sixteen have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $82.27.

Several research firms have weighed in on QSR. Bank of America raised their price objective on shares of Restaurant Brands International from $76.00 to $77.00 and gave the company an “underperform” rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. raised their price target on shares of Restaurant Brands International from $80.00 to $84.00 and gave the company an “overweight” rating in a report on Monday, September 16th. TD Cowen dropped their price objective on shares of Restaurant Brands International from $82.00 to $80.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Royal Bank of Canada decreased their price objective on Restaurant Brands International from $95.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Finally, Stifel Nicolaus dropped their target price on Restaurant Brands International from $77.00 to $72.00 and set a “hold” rating for the company in a research report on Thursday, November 14th.

Restaurant Brands International Stock Performance

Shares of NYSE:QSR opened at $67.48 on Wednesday. The business has a fifty day moving average of $69.82 and a 200-day moving average of $70.02. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. Restaurant Brands International has a twelve month low of $65.87 and a twelve month high of $83.29. The firm has a market cap of $21.84 billion, a PE ratio of 16.91, a price-to-earnings-growth ratio of 2.27 and a beta of 0.93.

Restaurant Brands International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be issued a $0.58 dividend. The ex-dividend date is Friday, December 20th. This represents a $2.32 annualized dividend and a yield of 3.44%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 58.15%.

Insider Activity

In other news, insider Jill Granat sold 81,387 shares of the firm’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $69.37, for a total transaction of $5,645,816.19. Following the sale, the insider now owns 388,759 shares of the company’s stock, valued at $26,968,211.83. This trade represents a 17.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.36% of the stock is owned by company insiders.

Institutional Trading of Restaurant Brands International

A number of large investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in Restaurant Brands International in the second quarter valued at approximately $172,000. Sequoia Financial Advisors LLC raised its holdings in shares of Restaurant Brands International by 8.1% during the second quarter. Sequoia Financial Advisors LLC now owns 4,683 shares of the restaurant operator’s stock worth $330,000 after acquiring an additional 352 shares during the period. Diversified Trust Co bought a new stake in Restaurant Brands International in the 2nd quarter valued at $370,000. Royal Fund Management LLC boosted its stake in Restaurant Brands International by 32.8% in the 2nd quarter. Royal Fund Management LLC now owns 17,830 shares of the restaurant operator’s stock worth $1,255,000 after purchasing an additional 4,400 shares during the period. Finally, Sumitomo Life Insurance Co. bought a new position in Restaurant Brands International during the 2nd quarter worth about $666,000. 82.29% of the stock is owned by institutional investors.

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.