Restaurant Brands International (NYSE:QSR) Sets New 12-Month Low - Should You Sell?

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR shares hit a new 52-week low on Monday . The stock traded as low as $64.57 and last traded at $64.71, with a volume of 52279 shares changing hands. The stock had previously closed at $65.54.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on QSR. Citigroup upped 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. Stifel Nicolaus lowered their price target on 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 reduced their price objective on Restaurant Brands International from $85.00 to $80.00 and set a "buy" rating for the company in a report on Thursday, November 7th. Royal Bank of Canada lowered their target price on shares of Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. Finally, KeyCorp reduced their price target on shares of Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating for the company in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $82.27.

Restaurant Brands International Stock Performance

The company has a market cap of $21.02 billion, a PE ratio of 16.27, a PEG ratio of 2.27 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. The business's 50 day moving average is $68.84 and its two-hundred day moving average is $69.79.

Restaurant Brands International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 20th will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Friday, December 20th. Restaurant Brands International's dividend payout ratio (DPR) is 58.15%.

Insider Buying and Selling

In other Restaurant Brands International 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 value of $747,261.33. Following the sale, the insider now directly owns 388,759 shares in the company, valued at approximately $27,372,521.19. The trade was a 2.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.36% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in QSR. First Horizon Advisors Inc. boosted its position in shares of Restaurant Brands International by 3.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 4,318 shares of the restaurant operator's stock valued at $311,000 after acquiring an additional 160 shares during the last quarter. D.A. Davidson & CO. lifted its position in Restaurant Brands International by 2.2% during the third quarter. D.A. Davidson & CO. now owns 8,412 shares of the restaurant operator's stock valued at $607,000 after purchasing an additional 179 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Restaurant Brands International by 79.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock worth $30,000 after buying an additional 185 shares in the last quarter. Arvest Investments Inc. increased its holdings in shares of Restaurant Brands International by 1.1% in the 3rd quarter. Arvest Investments Inc. now owns 18,450 shares of the restaurant operator's stock worth $1,331,000 after buying an additional 197 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Restaurant Brands International by 17.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,754 shares of the restaurant operator's stock worth $126,000 after buying an additional 265 shares during the last quarter. Institutional investors own 82.29% of the company's stock.

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.