Restaurant Brands International Inc. (NYSE:QSR) Given Average Rating of “Moderate Buy” by Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has received an average rating of “Moderate Buy” from the twenty-four brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $77.08.

A number of research firms have recently issued reports on QSR. TD Securities reiterated a “hold” rating and issued a $70.00 target price on shares of Restaurant Brands International in a research note on Tuesday, February 25th. Truist Financial reduced their target price on shares of Restaurant Brands International from $85.00 to $83.00 and set a “buy” rating on the stock 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. Stifel Nicolaus decreased 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 report on Friday, January 10th. Finally, Loop Capital restated a “buy” rating on shares of Restaurant Brands International in a research note on Tuesday.

Insider Buying and Selling

In related news, CFO Sami A. Siddiqui sold 5,579 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $64.20, for a total transaction of $358,171.80. Following the completion of the transaction, the chief financial officer now directly owns 27,266 shares in the company, valued at $1,750,477.20. This represents a 16.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Joshua Kobza sold 93,619 shares of the stock in a transaction on 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. This represents a 9.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 287,726 shares of company stock worth $18,269,723 over the last quarter. 1.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On Restaurant Brands International

Several institutional investors have recently modified their holdings of the company. Dunhill Financial LLC lifted its position in Restaurant Brands International by 100.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of Restaurant Brands International by 213.6% in the fourth 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 during the period. SBI Securities Co. Ltd. bought a new stake in shares of Restaurant Brands International during the fourth quarter valued at approximately $32,000. IFP Advisors Inc boosted its position in shares of 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 buying an additional 412 shares during the period. Finally, Physician Wealth Advisors Inc. bought a new position in Restaurant Brands International in the 4th quarter worth approximately $60,000. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Trading Down 0.1 %

Shares of QSR stock opened at $67.93 on Friday. Restaurant Brands International has a fifty-two week low of $59.67 and a fifty-two week high of $81.27. The firm’s 50 day moving average price is $64.12 and its two-hundred day moving average price is $67.28. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 21.36, a price-to-earnings-growth ratio of 1.77 and a beta of 0.95. 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 (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) 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, analysts anticipate that Restaurant Brands International will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is 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 is currently 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.