TD Securities Reaffirms "Hold" Rating for Restaurant Brands International (NYSE:QSR)

TD Securities reiterated their hold rating on shares of Restaurant Brands International (NYSE:QSR - Free Report) TSE: QSR in a research report sent to investors on Tuesday,Benzinga reports. TD Securities currently has a $70.00 price target on the restaurant operator's stock.

A number of other research firms also recently commented on QSR. TD Cowen downgraded Restaurant Brands International from a "buy" rating to a "hold" rating and set a $70.00 target price on the stock. in a research report on Friday, February 14th. Stifel Nicolaus dropped their price objective on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating for the company in a research note on Friday, January 10th. Jefferies Financial Group reduced their target price on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. Argus lowered shares of Restaurant Brands International from a "buy" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, KeyCorp decreased their price objective 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, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $77.96.

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Restaurant Brands International Price Performance

QSR traded up $0.05 during trading on Tuesday, reaching $65.24. 1,889,736 shares of the company traded hands, compared to its average volume of 2,242,596. The company has a market cap of $21.17 billion, a P/E ratio of 20.52, a PEG ratio of 1.77 and a beta of 0.93. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. Restaurant Brands International has a 12-month low of $59.67 and a 12-month high of $83.29. The firm has a fifty day simple moving average of $63.44 and a 200 day simple moving average of $67.60.

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

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.80%. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's dividend payout ratio (DPR) is currently 77.99%.

Insider Activity

In related news, insider Thiago T. Santelmo sold 3,511 shares of Restaurant Brands International stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the completion of the sale, the insider now owns 32,937 shares of the company's stock, valued at $2,114,555.40. The trade was a 9.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joshua Kobza sold 93,619 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.35, for a total value of $5,837,144.65. Following the completion of the sale, the chief executive officer now owns 848,578 shares in the company, valued at approximately $52,908,838.30. This represents a 9.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 379,726 shares of company stock valued at $24,662,800 over the last ninety days. 1.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QSR. Dunhill Financial LLC raised its stake in shares of Restaurant Brands International by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock valued at $26,000 after buying an additional 200 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Restaurant Brands International by 79.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator's stock valued at $30,000 after acquiring an additional 185 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Restaurant Brands International by 213.6% in the 4th quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 314 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Restaurant Brands International in the 4th quarter worth about $32,000. Finally, IFP Advisors Inc boosted its position in Restaurant Brands International by 183.9% during the fourth quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator's stock worth $41,000 after purchasing an additional 412 shares in the last quarter. 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.