Restaurant Brands International Inc. (NYSE:QSR) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has received an average rating of "Moderate Buy" from the twenty-four analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $77.08.

A number of analysts have recently issued reports on QSR shares. Citigroup boosted their target price on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Thursday, February 13th. Morgan Stanley dropped their target price on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 21st. Wells Fargo & Company decreased their price target on shares of Restaurant Brands International from $72.00 to $69.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 8th. TD Securities reissued a "hold" rating and issued a $70.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, February 25th. Finally, Guggenheim raised Restaurant Brands International from a "neutral" rating to a "buy" rating and decreased their target price for the company from $74.00 to $71.00 in a research report on Friday, January 24th.

Remove Ads

Restaurant Brands International Trading Up 0.1 %

NYSE QSR traded up $0.09 during trading hours on Friday, hitting $67.09. 1,259,673 shares of the company were exchanged, compared to its average volume of 1,711,714. Restaurant Brands International has a 52 week low of $59.67 and a 52 week high of $80.02. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The stock has a 50-day moving average price of $64.25 and a 200 day moving average price of $67.24. The stock has a market cap of $21.80 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 1.77 and a beta of 0.95.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. Analysts forecast that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a $0.62 dividend. The ex-dividend date is Friday, March 21st. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.70%. Restaurant Brands International's dividend payout ratio is currently 77.99%.

Insider Transactions at Restaurant Brands International

In related news, CEO Joshua Kobza sold 12,420 shares of the business's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $64.20, for a total transaction of $797,364.00. Following the completion of the transaction, the chief executive officer now directly owns 703,445 shares in the company, valued at $45,161,169. The trade was a 1.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Duncan Fulton sold 15,974 shares of Restaurant Brands International stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total value of $998,055.52. Following the transaction, the insider now owns 45,248 shares of the company's stock, valued at $2,827,095.04. The trade was a 26.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 300,226 shares of company stock worth $19,121,223 over the last three months. 1.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Restaurant Brands International

A number of hedge funds and other institutional investors have recently made changes to their positions in QSR. Wealth Enhancement Advisory Services LLC grew its position in Restaurant Brands International by 473.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 24,645 shares of the restaurant operator's stock valued at $1,606,000 after buying an additional 20,348 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of Restaurant Brands International during the 4th quarter valued at about $4,325,000. Park Square Financial Group LLC purchased a new position in shares of Restaurant Brands International in the 4th quarter valued at about $81,000. Public Employees Retirement System of Ohio raised its holdings in Restaurant Brands International by 110.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 53,873 shares of the restaurant operator's stock worth $3,510,000 after purchasing an additional 28,248 shares during the period. Finally, Burgundy Asset Management Ltd. grew its holdings in Restaurant Brands International by 0.4% in the fourth quarter. Burgundy Asset Management Ltd. now owns 1,167,299 shares of the restaurant operator's stock valued at $76,006,000 after purchasing an additional 4,464 shares during the period. Institutional investors and hedge funds own 82.29% of the company's stock.

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.