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

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has received an average recommendation of "Moderate Buy" from the twenty-five research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $82.27.

QSR has been the topic of a number of analyst reports. Royal Bank of Canada lowered their price target on Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Stifel Nicolaus lowered their target price on shares of Restaurant Brands International from $77.00 to $72.00 and set a "hold" rating on the stock in a report on Thursday, November 14th. Argus cut their price target on shares of Restaurant Brands International from $85.00 to $80.00 and set a "buy" rating for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. boosted their price target on shares of Restaurant Brands International from $80.00 to $84.00 and gave the company an "overweight" rating in a research report on Monday, September 16th. Finally, CIBC dropped their price objective on shares of Restaurant Brands International from $88.00 to $86.00 and set an "outperformer" rating for the company in a report on Wednesday, November 6th.

Insider Transactions at Restaurant Brands International

In other news, insider Jill Granat sold 10,613 shares of Restaurant Brands International stock in a transaction on Monday, December 9th. The shares were sold at an average price of $70.41, for a total transaction of $747,261.33. Following the transaction, the insider now directly owns 388,759 shares of the company's stock, valued at $27,372,521.19. This trade represents a 2.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.36% of the company's stock.

Institutional Trading of Restaurant Brands International

Several hedge funds have recently added to or reduced their stakes in QSR. Geode Capital Management LLC lifted its holdings in shares of Restaurant Brands International by 10.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,379,847 shares of the restaurant operator's stock valued at $101,085,000 after purchasing an additional 126,600 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Restaurant Brands International by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 650,486 shares of the restaurant operator's stock valued at $45,772,000 after buying an additional 10,855 shares during the period. Wellington Management Group LLP increased its position in shares of Restaurant Brands International by 112.1% during the third quarter. Wellington Management Group LLP now owns 17,965 shares of the restaurant operator's stock worth $1,298,000 after acquiring an additional 9,496 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in shares of Restaurant Brands International by 36.4% during the second quarter. Public Sector Pension Investment Board now owns 600,000 shares of the restaurant operator's stock worth $42,270,000 after acquiring an additional 160,000 shares during the period. Finally, Private Advisor Group LLC acquired a new position in Restaurant Brands International in the 3rd quarter worth $257,000. Institutional investors and hedge funds own 82.29% of the company's stock.

Restaurant Brands International Price Performance

Shares of QSR stock traded down $0.62 during trading hours on Friday, hitting $64.94. The company had a trading volume of 1,017,411 shares, compared to its average volume of 1,164,555. Restaurant Brands International has a 12 month low of $64.55 and a 12 month high of $83.29. 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 firm's fifty day moving average is $68.29 and its 200 day moving average is $69.68. The firm has a market capitalization of $21.03 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 2.27 and a beta of 0.94.

Restaurant Brands International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 20th were paid a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International's payout ratio is 58.15%.

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.