Restaurant Brands International (NYSE:QSR) Stock Price Expected to Rise, Guggenheim Analyst Says

Restaurant Brands International (NYSE:QSR - Free Report) TSE: QSR had its target price hoisted by Guggenheim from $71.00 to $77.00 in a research report released on Friday morning,Benzinga reports. They currently have a buy rating on the restaurant operator's stock.

QSR has been the subject of several other reports. Jefferies Financial Group decreased 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 report on Thursday, January 30th. Wells Fargo & Company dropped their price objective on Restaurant Brands International from $72.00 to $69.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 8th. Citigroup raised their price objective on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. CIBC dropped their price target on shares of Restaurant Brands International from $86.00 to $78.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. Finally, Loop Capital reiterated a "buy" rating on shares of Restaurant Brands International in a report on Tuesday, March 18th. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $76.63.

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Restaurant Brands International Trading Up 3.0 %

NYSE QSR traded up $1.82 on Friday, hitting $61.85. 1,180,876 shares of the stock were exchanged, compared to its average volume of 1,811,113. The company's 50-day moving average price is $65.31 and its two-hundred day moving average price is $66.92. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 19.45, a P/E/G ratio of 1.77 and a beta of 0.72. Restaurant Brands International has a 52-week low of $58.75 and a 52-week high of $77.24. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94.

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

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 4.01%. The ex-dividend date was Friday, March 21st. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's dividend payout ratio (DPR) is 77.99%.

Insider Buying and Selling at Restaurant Brands International

In related news, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the sale, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at $16,023,731.36. This trade represents a 5.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Duncan Fulton sold 27,500 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $64.66, for a total value of $1,778,150.00. Following the completion of the transaction, the insider now directly owns 34,822 shares in the company, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 278,716 shares of company stock worth $17,740,281 over the last ninety days. Corporate insiders own 1.36% of the company's stock.

Hedge Funds Weigh In On Restaurant Brands International

A number of institutional investors have recently modified their holdings of the stock. Inkwell Capital LLC acquired a new stake in shares of Restaurant Brands International in the fourth quarter valued at approximately $3,370,000. Summerhill Capital Management lnc. bought a new stake in Restaurant Brands International during the 4th quarter worth about $841,000. Baskin Financial Services Inc. lifted its position in Restaurant Brands International by 2.8% during the 4th quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock valued at $21,664,000 after purchasing an additional 9,208 shares during the period. Aviso Financial Inc. boosted its stake in shares of Restaurant Brands International by 4.1% in the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock valued at $61,384,000 after purchasing an additional 37,241 shares during the last quarter. Finally, Alberta Investment Management Corp grew its position in shares of Restaurant Brands International by 0.7% during the 4th quarter. Alberta Investment Management Corp now owns 914,500 shares of the restaurant operator's stock worth $59,574,000 after buying an additional 6,000 shares during the period. 82.29% of the stock is owned by institutional investors.

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.