Restaurant Brands International (NYSE:QSR) Hits New 1-Year Low - Time to Sell?

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR's share price hit a new 52-week low during trading on Thursday . The company traded as low as $65.77 and last traded at $65.95, with a volume of 4953962 shares trading hands. The stock had previously closed at $67.48.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on QSR. Royal Bank of Canada decreased their price target on shares of Restaurant Brands International from $95.00 to $90.00 and set an "outperform" rating for the company in a research note on Wednesday, November 6th. Stifel Nicolaus lowered their target price on Restaurant Brands International from $77.00 to $72.00 and set a "hold" rating for the company in a research note on Thursday, November 14th. Oppenheimer dropped their price target on Restaurant Brands International from $89.00 to $86.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 22nd. Argus decreased 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. Finally, Guggenheim boosted their target price on shares of Restaurant Brands International from $73.00 to $74.00 and gave the company a "neutral" rating in a report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $82.27.

Restaurant Brands International Trading Down 0.7 %

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 has a 50 day moving average price of $69.63 and a 200-day moving average price of $69.96. The firm has a market capitalization of $21.21 billion, a PE ratio of 16.42, a P/E/G ratio of 2.27 and a beta of 0.93.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 20th will be given a dividend of $0.58 per share. The ex-dividend date is Friday, December 20th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.54%. Restaurant Brands International's payout ratio is 58.15%.

Insider Activity at Restaurant Brands International

In other news, insider Jill Granat sold 10,613 shares of the business's stock in a transaction on Monday, December 9th. The stock was sold at an average price of $70.41, for a total value of $747,261.33. Following the completion of the transaction, the insider now directly owns 388,759 shares of the company's stock, valued at $27,372,521.19. The trade was a 2.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.36% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. D1 Capital Partners L.P. purchased a new stake in Restaurant Brands International in the second quarter valued at approximately $200,097,000. National Bank of Canada FI grew its stake in shares of Restaurant Brands International by 68.6% during the 3rd quarter. National Bank of Canada FI now owns 3,181,459 shares of the restaurant operator's stock valued at $229,545,000 after buying an additional 1,294,185 shares during the period. Holocene Advisors LP acquired a new stake in shares of Restaurant Brands International during the 3rd quarter worth $89,790,000. Point72 Asset Management L.P. increased its holdings in shares of Restaurant Brands International by 282.6% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,465,709 shares of the restaurant operator's stock worth $105,707,000 after buying an additional 1,082,622 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of Restaurant Brands International by 31.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 3,490,157 shares of the restaurant operator's stock worth $245,881,000 after buying an additional 835,000 shares during the period. Hedge funds and other institutional investors own 82.29% of the company's stock.

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.