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

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR have been given an average recommendation of "Moderate Buy" by the twenty-six research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $82.37.

QSR has been the subject of a number of research reports. Oppenheimer decreased their target price on Restaurant Brands International from $89.00 to $86.00 and set an "outperform" rating for the company in a research note on Tuesday, October 22nd. Citigroup boosted their price objective on Restaurant Brands International from $75.00 to $77.00 and gave the company a "neutral" rating in a research report on Wednesday, October 16th. Guggenheim increased 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. Stifel Nicolaus reduced their price target on shares of Restaurant Brands International from $77.00 to $72.00 and set a "hold" rating for the company in a report on Thursday. Finally, Bank of America increased their price objective on shares of Restaurant Brands International from $76.00 to $77.00 and gave the stock an "underperform" rating in a report on Tuesday, October 22nd.

Insider Activity at Restaurant Brands International

In other news, insider Thomas Benjamin Curtis sold 6,536 shares of the business's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $68.63, for a total transaction of $448,565.68. Following the sale, the insider now directly owns 37,179 shares of the company's stock, valued at $2,551,594.77. The trade was a 14.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Axel Mr Schwan sold 36,000 shares of the company's stock in a transaction that occurred 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 owns 97,479 shares of the company's stock, valued at approximately $6,866,420.76. This trade represents a 26.97 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.36% of the company's stock.

Institutional Trading of Restaurant Brands International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in Restaurant Brands International by 79.4% in the third quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock valued at $30,000 after acquiring an additional 185 shares during the last quarter. Crewe Advisors LLC acquired a new stake in shares of Restaurant Brands International in the 1st quarter valued at $48,000. Plato Investment Management Ltd bought a new stake in Restaurant Brands International in the third quarter worth $61,000. BNP Paribas Financial Markets increased its position in Restaurant Brands International by 22.2% during the first quarter. BNP Paribas Financial Markets now owns 1,117 shares of the restaurant operator's stock worth $89,000 after buying an additional 203 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in Restaurant Brands International by 123.9% during the third 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 in the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Stock Performance

Shares of QSR stock traded down $0.95 on Friday, hitting $67.52. 1,279,694 shares of the stock traded hands, compared to its average volume of 1,584,606. The company's fifty day moving average is $70.13 and its 200 day moving average is $70.28. Restaurant Brands International has a 1-year low of $65.87 and a 1-year high of $83.29. The company has a market capitalization of $21.86 billion, a PE ratio of 16.91, a PEG ratio of 2.20 and a beta of 0.94. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94.

Restaurant Brands International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors 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 dividend on an annualized basis and a dividend yield of 3.44%. Restaurant Brands International's payout ratio is currently 58.15%.

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.