Restaurant Brands International (NYSE:QSR) Stock Price Up 3.1% - Should You Buy?

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR were up 3.1% on Monday . The company traded as high as $72.75 and last traded at $72.73. Approximately 544,447 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 1,581,752 shares. The stock had previously closed at $70.55.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on QSR shares. Piper Sandler dropped their target price on shares of Restaurant Brands International from $82.00 to $75.00 and set a "neutral" rating on the stock in a research report on Monday, August 12th. Guggenheim upped their price objective on shares of Restaurant Brands International from $73.00 to $74.00 and gave the stock a "neutral" rating in a report on Monday, September 9th. Bank of America raised their price target on shares of Restaurant Brands International from $72.00 to $79.00 and gave the company an "underperform" rating in a research report on Wednesday, July 17th. KeyCorp cut their target price on Restaurant Brands International from $85.00 to $80.00 and set an "overweight" rating on the stock in a research report on Thursday, June 27th. Finally, Morgan Stanley reduced their target price on shares of Restaurant Brands International from $86.00 to $83.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.35.

Restaurant Brands International Stock Performance

The firm's 50 day moving average is $70.22 and its 200 day moving average is $70.68. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.71 and a current ratio of 0.78. The stock has a market cap of $23.05 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 2.12 and a beta of 0.94.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings results on Thursday, August 8th. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.01. The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.05 billion. Restaurant Brands International had a net margin of 16.99% and a return on equity of 30.78%. Analysts anticipate that Restaurant Brands International Inc. will post 3.37 EPS for the current year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 20th were issued a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.32 annualized dividend and a dividend yield of 3.19%. Restaurant Brands International's dividend payout ratio (DPR) is presently 59.79%.

Insider Transactions at Restaurant Brands International

In other news, insider Axel Mr Schwan sold 36,000 shares of the stock in a transaction dated 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 sale, the insider now directly owns 97,479 shares of the company's stock, valued at $6,866,420.76. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Restaurant Brands International news, insider Thomas Benjamin Curtis sold 6,536 shares of Restaurant Brands International stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $68.63, for a total transaction of $448,565.68. Following the sale, the insider now owns 37,179 shares of the company's stock, valued at $2,551,594.77. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Axel Mr Schwan sold 36,000 shares of the firm's stock in a transaction dated 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 completion of the transaction, the insider now directly owns 97,479 shares in the company, valued at approximately $6,866,420.76. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.36% of the company's stock.

Institutional Investors Weigh In On Restaurant Brands International

A number of large investors have recently made changes to their positions in the stock. Raleigh Capital Management Inc. raised its holdings in shares of Restaurant Brands International by 12.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 5,390 shares of the restaurant operator's stock worth $389,000 after acquiring an additional 577 shares during the period. Blue Trust Inc. raised its holdings in Restaurant Brands International by 123.9% in the 3rd quarter. Blue Trust Inc. now owns 1,388 shares of the restaurant operator's stock valued at $98,000 after buying an additional 768 shares during the period. Magnus Financial Group LLC acquired a new stake in shares of Restaurant Brands International during the third quarter valued at about $202,000. Viking Fund Management LLC purchased a new position in shares of Restaurant Brands International during the 3rd quarter worth approximately $144,000. Finally, Gateway Investment Advisers LLC lifted its stake in Restaurant Brands International by 1.2% during the third quarter. Gateway Investment Advisers LLC now owns 89,777 shares of the restaurant operator's stock worth $6,475,000 after purchasing an additional 1,090 shares in the last quarter. 82.29% of the stock is currently owned by hedge funds and other 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.