Restaurant Brands International Inc. (NYSE:QSR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $77.08.

Several equities research analysts have recently issued reports on QSR shares. Wells Fargo & Company reduced their target price 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. CIBC decreased their price objective on Restaurant Brands International from $86.00 to $78.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Oppenheimer lowered their target price on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Stifel Nicolaus reduced their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a research report on Friday, January 10th. Finally, Barclays lowered their price objective on shares of Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, February 13th.

Insiders Place Their Bets

In related news, CEO Joshua Kobza sold 93,619 shares of Restaurant Brands International stock in a transaction dated Friday, February 21st. The stock was 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 directly owns 848,578 shares in the company, valued at $52,908,838.30. The trade was a 9.94 % 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. Also, CFO Sami A. Siddiqui sold 12,500 shares of the company’s stock in a transaction that occurred 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. The trade was a 5.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 300,226 shares of company stock worth $19,121,223 in the last three months. Corporate insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Restaurant Brands International by 473.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 24,645 shares of the restaurant operator’s stock valued at $1,606,000 after buying an additional 20,348 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new stake in Restaurant Brands International in the fourth quarter valued at approximately $4,325,000. Park Square Financial Group LLC acquired a new stake in Restaurant Brands International in the fourth quarter valued at approximately $81,000. Public Employees Retirement System of Ohio grew its holdings in Restaurant Brands International by 110.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 53,873 shares of the restaurant operator’s stock worth $3,510,000 after purchasing an additional 28,248 shares during the last quarter. Finally, Burgundy Asset Management Ltd. increased its position in shares of Restaurant Brands International by 0.4% during the fourth quarter. Burgundy Asset Management Ltd. now owns 1,167,299 shares of the restaurant operator’s stock worth $76,006,000 after purchasing an additional 4,464 shares in the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Trading Down 0.7 %

Shares of Restaurant Brands International stock opened at $66.59 on Friday. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The company has a fifty day moving average of $64.49 and a 200 day moving average of $67.23. The company has a market capitalization of $21.64 billion, a P/E ratio of 20.94, a P/E/G ratio of 1.77 and a beta of 0.95. Restaurant Brands International has a fifty-two week low of $59.67 and a fifty-two week high of $80.02.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 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, sell-side analysts anticipate that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a dividend of $0.62 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a yield of 3.72%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 77.99%.

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.