Restaurant Brands International Inc. (NYSE:QSR) Receives Average Rating of "Moderate Buy" from Analysts

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has been given an average rating of "Moderate Buy" by the twenty-six ratings firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and sixteen have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $80.00.

A number of analysts have issued reports on the company. Citigroup lowered their target price on Restaurant Brands International from $73.00 to $65.00 and set a "negative" rating on the stock in a report on Thursday. Evercore ISI dropped their target price on shares of Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. TD Cowen reduced their price target on shares of Restaurant Brands International from $82.00 to $80.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Stifel Nicolaus dropped their price objective on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a report on Friday, January 10th. Finally, Wells Fargo & Company reduced their target price 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.

Restaurant Brands International Stock Performance

Shares of NYSE:QSR traded up $0.48 during midday trading on Thursday, hitting $62.47. The company's stock had a trading volume of 1,165,442 shares, compared to its average volume of 2,031,413. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The stock's 50 day simple moving average is $65.63 and its 200 day simple moving average is $68.64. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 2.04 and a beta of 0.94. Restaurant Brands International has a fifty-two week low of $59.85 and a fifty-two week high of $83.29.

Restaurant Brands International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 20th were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International's payout ratio is 58.15%.

Insider Buying and Selling at Restaurant Brands International

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. Also, CFO Sami A. Siddiqui sold 5,579 shares of the business's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $358,171.80. Following the completion of the transaction, the chief financial officer now owns 27,266 shares of the company's stock, valued at $1,750,477.20. This represents a 16.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 113,510 shares of company stock valued at $7,774,020. Corporate insiders own 1.36% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. National Bank of Canada FI raised its holdings in Restaurant Brands International by 68.6% during the third quarter. National Bank of Canada FI now owns 3,181,459 shares of the restaurant operator's stock worth $229,545,000 after acquiring an additional 1,294,185 shares in the last quarter. Holocene Advisors LP bought a new position in shares of Restaurant Brands International in the third quarter valued at about $89,790,000. Point72 Asset Management L.P. lifted its position in Restaurant Brands International by 282.6% during the third quarter. Point72 Asset Management L.P. now owns 1,465,709 shares of the restaurant operator's stock worth $105,707,000 after acquiring an additional 1,082,622 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of Restaurant Brands International by 848.9% during the third quarter. Janus Henderson Group PLC now owns 370,973 shares of the restaurant operator's stock worth $26,756,000 after purchasing an additional 331,880 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in Restaurant Brands International by 16.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,207,251 shares of the restaurant operator's stock worth $159,251,000 after acquiring an additional 307,791 shares during the period. 82.29% of the stock is currently 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.