Restaurant Brands International (NYSE:QSR) Sets New 1-Year Low – Should You Sell?

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) hit a new 52-week low on Monday . The stock traded as low as $59.67 and last traded at $60.72, with a volume of 471622 shares traded. The stock had previously closed at $61.54.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Oppenheimer decreased their price target on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Bank of America lifted their target price on shares of Restaurant Brands International from $76.00 to $77.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 22nd. CIBC decreased their price target on shares of Restaurant Brands International from $88.00 to $86.00 and set an “outperformer” rating for the company in a report on Wednesday, November 6th. Royal Bank of Canada dropped their price objective on shares of Restaurant Brands International from $95.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Finally, Argus lowered their price target on Restaurant Brands International from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $80.00.

Restaurant Brands International Trading Up 0.0 %

The firm has a market cap of $19.97 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 2.09 and a beta of 0.93. The company’s 50-day moving average price is $65.34 and its 200-day moving average price is $68.43. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75.

Restaurant Brands International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 20th were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $2.32 annualized dividend and a yield of 3.77%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 58.15%.

Insider Activity

In other news, insider Thiago T. Santelmo sold 3,511 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $225,406.20. Following the transaction, the insider now directly owns 32,937 shares in the company, valued at $2,114,555.40. The trade was a 9.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jill Granat sold 10,613 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $70.41, for a total value of $747,261.33. Following the completion of the sale, the insider now owns 388,759 shares of the company’s stock, valued at approximately $27,372,521.19. The trade was a 2.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 113,510 shares of company stock worth $7,774,020 over the last quarter. 1.36% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Restaurant Brands International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QSR. Private Advisor Group LLC boosted its position in shares of Restaurant Brands International by 7.3% during the fourth quarter. Private Advisor Group LLC now owns 3,828 shares of the restaurant operator’s stock worth $250,000 after buying an additional 261 shares during the period. Alberta Investment Management Corp boosted its holdings 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 valued at $59,574,000 after acquiring an additional 6,000 shares during the period. Buckingham Capital Management Inc. grew its position in Restaurant Brands International by 8.5% in the 4th quarter. Buckingham Capital Management Inc. now owns 24,130 shares of the restaurant operator’s stock valued at $1,573,000 after acquiring an additional 1,896 shares in the last quarter. BKM Wealth Management LLC increased its stake in Restaurant Brands International by 3.2% during the fourth quarter. BKM Wealth Management LLC now owns 8,338 shares of the restaurant operator’s stock worth $543,000 after purchasing an additional 261 shares during the period. Finally, Venturi Wealth Management LLC lifted its position in shares of Restaurant Brands International by 213.6% during the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 314 shares in the last quarter. Institutional investors and hedge funds 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.