Restaurant Brands International Inc. (NYSE:QSR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have been assigned a consensus rating of “Moderate Buy” from the twenty-six research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $83.35.

A number of equities analysts have weighed in on the stock. Morgan Stanley reduced their price objective on shares of Restaurant Brands International from $86.00 to $83.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 16th. Guggenheim increased their target price on Restaurant Brands International from $73.00 to $74.00 and gave the company a “neutral” rating in a report on Monday, September 9th. TD Cowen restated a “buy” rating and issued a $82.00 target price on shares of Restaurant Brands International in a research report on Thursday, September 12th. Bank of America boosted their price target on Restaurant Brands International from $72.00 to $79.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 17th. Finally, Wells Fargo & Company decreased their price objective on Restaurant Brands International from $80.00 to $77.00 and set an “overweight” rating on the stock in a report on Friday, August 9th.

Restaurant Brands International Price Performance

NYSE:QSR opened at $72.76 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 0.78 and a debt-to-equity ratio of 2.71. Restaurant Brands International has a 52 week low of $64.91 and a 52 week high of $83.29. The stock’s 50-day moving average price is $70.28 and its 200-day moving average price is $70.67. The stock has a market capitalization of $23.05 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 2.12 and a beta of 0.94.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Thursday, August 8th. The restaurant operator reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.05 billion. Restaurant Brands International had a return on equity of 30.78% and a net margin of 16.99%. As a group, equities analysts expect that Restaurant Brands International will post 3.37 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 20th were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 3.19%. The ex-dividend date was Friday, September 20th. Restaurant Brands International’s payout ratio is 59.79%.

Insider Buying and Selling at Restaurant Brands International

In other news, insider Axel Mr Schwan sold 36,000 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $70.44, for a total value of $2,535,840.00. Following the completion of the transaction, the insider now owns 97,479 shares in the company, valued at approximately $6,866,420.76. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Axel Mr Schwan sold 36,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $70.44, for a total value of $2,535,840.00. Following the completion of the sale, the insider now directly owns 97,479 shares of the company’s stock, valued at $6,866,420.76. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas Benjamin Curtis sold 6,536 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $68.63, for a total value of $448,565.68. Following the completion of the sale, the insider now owns 37,179 shares of the company’s stock, valued at approximately $2,551,594.77. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of QSR. Bleakley Financial Group LLC grew its position in Restaurant Brands International by 5.1% in the 1st quarter. Bleakley Financial Group LLC now owns 3,201 shares of the restaurant operator’s stock valued at $254,000 after buying an additional 154 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Restaurant Brands International by 4.0% in the second quarter. First Horizon Advisors Inc. now owns 4,158 shares of the restaurant operator’s stock valued at $293,000 after acquiring an additional 160 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Restaurant Brands International by 22.2% during the first quarter. BNP Paribas Financial Markets now owns 1,117 shares of the restaurant operator’s stock worth $89,000 after acquiring an additional 203 shares during the period. Chase Investment Counsel Corp raised its holdings in Restaurant Brands International by 5.2% during the first quarter. Chase Investment Counsel Corp now owns 5,043 shares of the restaurant operator’s stock worth $400,000 after purchasing an additional 247 shares in the last quarter. Finally, US Bancorp DE lifted its position in Restaurant Brands International by 2.8% in the first quarter. US Bancorp DE now owns 9,352 shares of the restaurant operator’s stock valued at $743,000 after purchasing an additional 256 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.