Restaurant Brands International (NYSE:QSR) Shares Up 3% - Still a Buy?

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR shot up 3% during mid-day trading on Monday . The stock traded as high as $66.74 and last traded at $66.45. 358,827 shares traded hands during trading, a decline of 80% from the average session volume of 1,769,762 shares. The stock had previously closed at $64.52.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on QSR. Guggenheim lifted their price objective on Restaurant Brands International from $71.00 to $77.00 and gave the company a "buy" rating in a report on Friday. 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. Oppenheimer reduced their target price on Restaurant Brands International from $86.00 to $77.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Barclays lowered their price target on shares of Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a research note on Thursday, February 13th. Finally, Morgan Stanley reduced their price objective on shares of Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $77.33.

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Restaurant Brands International Price Performance

The company's 50 day simple moving average is $65.38 and its 200-day simple moving average is $67.19. 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 company has a market capitalization of $20.82 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 1.77 and a beta of 0.72.

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

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be paid a $0.62 dividend. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.90%. The ex-dividend date is Friday, March 21st. Restaurant Brands International's dividend payout ratio is presently 77.99%.

Insiders Place Their Bets

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total transaction of $851,500.00. Following the transaction, the chief financial officer now owns 235,228 shares of the company's stock, valued at $16,023,731.36. This trade represents a 5.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Duncan Fulton sold 15,974 shares of Restaurant Brands International stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.48, for a total transaction of $998,055.52. Following the completion of the transaction, the insider now owns 45,248 shares in the company, valued at approximately $2,827,095.04. This trade represents a 26.09 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 300,226 shares of company stock valued at $19,121,223. Insiders own 1.36% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in QSR. Inkwell Capital LLC purchased a new position in shares of Restaurant Brands International in the 4th quarter worth about $3,370,000. Summerhill Capital Management lnc. purchased a new position in Restaurant Brands International in the fourth quarter valued at approximately $841,000. Baskin Financial Services Inc. lifted its position in Restaurant Brands International by 2.8% during the fourth quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock valued at $21,664,000 after buying an additional 9,208 shares in the last quarter. Aviso Financial Inc. lifted its holdings in shares of Restaurant Brands International by 4.1% during the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock valued at $61,384,000 after acquiring an additional 37,241 shares in the last quarter. Finally, Alberta Investment Management Corp boosted its position in 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 purchasing an additional 6,000 shares during the period. 82.29% of the stock is owned by hedge funds and other 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.