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

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR have received a consensus recommendation of "Moderate Buy" from the twenty-four brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $76.58.

QSR has been the topic of a number of research analyst reports. Oppenheimer lowered their target price on shares of Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Guggenheim raised their target price on Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a research report on Friday, April 4th. Argus raised shares of Restaurant Brands International from a "hold" rating to a "buy" rating in a report on Wednesday, March 19th. Truist Financial reduced their price objective on shares of Restaurant Brands International from $85.00 to $83.00 and set a "buy" rating for the company in a report on Thursday, February 13th. Finally, Jefferies Financial Group dropped their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating for the company in a research report on Thursday, January 30th.

Restaurant Brands International Stock Up 1.6 %

Shares of QSR stock traded up $0.98 on Tuesday, hitting $63.23. The company's stock had a trading volume of 1,264,286 shares, compared to its average volume of 1,843,707. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The stock has a market capitalization of $20.71 billion, a price-to-earnings ratio of 19.88, a P/E/G ratio of 1.77 and a beta of 0.72. Restaurant Brands International has a fifty-two week low of $58.71 and a fifty-two week high of $77.24. The firm's fifty day moving average price is $65.10 and its 200-day moving average price is $66.44.

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

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were given a dividend of $0.62 per share. The ex-dividend date was Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a yield of 3.92%. Restaurant Brands International's dividend payout ratio is presently 77.99%.

Insider Buying and Selling at Restaurant Brands International

In other news, CEO Joshua Kobza sold 93,619 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.35, for a total value of $5,837,144.65. Following the transaction, the chief executive officer now directly owns 848,578 shares in the company, valued at $52,908,838.30. This trade represents a 9.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the company's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total value of $851,500.00. Following the completion of the sale, the chief financial officer now owns 235,228 shares of the company's stock, valued at $16,023,731.36. This represents a 5.05 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 278,716 shares of company stock valued at $17,740,281. 1.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QSR. BNP Paribas Financial Markets raised its holdings in shares of Restaurant Brands International by 17.8% during the third quarter. BNP Paribas Financial Markets now owns 1,754 shares of the restaurant operator's stock worth $126,000 after acquiring an additional 265 shares during the period. HighTower Advisors LLC grew its position in shares of Restaurant Brands International by 6.3% in the 3rd quarter. HighTower Advisors LLC now owns 9,040 shares of the restaurant operator's stock valued at $658,000 after acquiring an additional 537 shares during the period. Wellington Management Group LLP increased its stake in shares of Restaurant Brands International by 112.1% during the 3rd quarter. Wellington Management Group LLP now owns 17,965 shares of the restaurant operator's stock worth $1,298,000 after purchasing an additional 9,496 shares during the last quarter. XTX Topco Ltd acquired a new stake in Restaurant Brands International in the 3rd quarter valued at about $375,000. Finally, MML Investors Services LLC grew its holdings in Restaurant Brands International by 5.5% during the third quarter. MML Investors Services LLC now owns 9,066 shares of the restaurant operator's stock worth $654,000 after purchasing an additional 476 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.