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 been assigned an average rating of "Moderate Buy" from the twenty-five brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $82.27.

QSR has been the subject of several analyst reports. Guggenheim upped their target price on Restaurant Brands International from $73.00 to $74.00 and gave the stock a "neutral" rating in a research report on Monday, September 9th. Bank of America increased 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. Stifel Nicolaus dropped their price objective on shares of Restaurant Brands International from $77.00 to $72.00 and set a "hold" rating on the stock in a research note on Thursday, November 14th. Argus decreased their target price on shares of Restaurant Brands International from $85.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. Finally, CIBC dropped their price target on shares of Restaurant Brands International from $88.00 to $86.00 and set an "outperformer" rating on the stock in a research note on Wednesday, November 6th.

Restaurant Brands International Trading Down 0.3 %

QSR traded down $0.20 during trading on Wednesday, hitting $69.80. 3,540,534 shares of the company's stock were exchanged, compared to its average volume of 1,601,140. Restaurant Brands International has a 1 year low of $65.87 and a 1 year high of $83.29. The stock has a 50 day moving average price of $70.07 and a 200 day moving average price of $69.98. The firm has a market cap of $22.59 billion, a P/E ratio of 17.48, a price-to-earnings-growth ratio of 2.24 and a beta of 0.93. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75.

Restaurant Brands International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $2.32 dividend on an annualized basis and a yield of 3.32%. Restaurant Brands International's payout ratio is currently 58.15%.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, insider Jill Granat sold 10,613 shares of the company's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $70.41, for a total value of $747,261.33. Following the completion of the transaction, the insider now owns 388,759 shares in the company, valued at approximately $27,372,521.19. This represents a 2.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.36% of the company's stock.

Hedge Funds Weigh In On Restaurant Brands International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in Restaurant Brands International during the 3rd quarter valued at about $378,000. Arvest Bank Trust Division bought a new position in shares of Restaurant Brands International in the third quarter valued at approximately $12,053,000. Toronto Dominion Bank increased its stake in shares of Restaurant Brands International by 0.5% during the third quarter. Toronto Dominion Bank now owns 864,207 shares of the restaurant operator's stock valued at $62,327,000 after acquiring an additional 4,702 shares during the period. Geode Capital Management LLC increased its stake in shares of Restaurant Brands International by 10.1% during the third quarter. Geode Capital Management LLC now owns 1,379,847 shares of the restaurant operator's stock valued at $101,085,000 after acquiring an additional 126,600 shares during the period. Finally, Vestcor Inc acquired a new stake in Restaurant Brands International in the third quarter worth approximately $1,103,000. 82.29% of the stock is owned by institutional investors.

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.