Restaurant Brands International Inc. (NYSE:QSR) Receives Consensus Rating of "Moderate Buy" from Analysts

Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR has earned a consensus rating of "Moderate Buy" from the twenty-eight analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eighteen have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $82.07.

QSR has been the topic of several research reports. CIBC cut their target price on Restaurant Brands International from $88.00 to $87.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 17th. Piper Sandler reduced their price objective on shares of Restaurant Brands International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Wednesday, February 14th. BMO Capital Markets upped their target price on Restaurant Brands International from $85.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, February 14th. Scotiabank boosted their price target on Restaurant Brands International from $80.00 to $81.00 and gave the stock an "outperform" rating in a research report on Monday. Finally, Stephens reissued an "equal weight" rating and issued a $75.00 price objective on shares of Restaurant Brands International in a report on Tuesday, February 13th.

Insider Buying and Selling

In other news, insider Jill Granat sold 80,332 shares of Restaurant Brands International stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $76.20, for a total value of $6,121,298.40. Following the completion of the sale, the insider now directly owns 410,759 shares in the company, valued at $31,299,835.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, insider David Chan Shear sold 17,556 shares of the business's stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $76.26, for a total value of $1,338,820.56. Following the completion of the transaction, the insider now directly owns 210,535 shares in the company, valued at approximately $16,055,399.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jill Granat sold 80,332 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $76.20, for a total transaction of $6,121,298.40. Following the sale, the insider now owns 410,759 shares in the company, valued at approximately $31,299,835.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 380,200 shares of company stock valued at $28,828,182. 1.25% of the stock is owned by company insiders.

Institutional Investors Weigh In On Restaurant Brands International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Research Global Investors lifted its position in shares of Restaurant Brands International by 19.8% during the 4th quarter. Capital Research Global Investors now owns 24,012,659 shares of the restaurant operator's stock worth $1,876,109,000 after buying an additional 3,971,774 shares during the last quarter. Norges Bank bought a new position in Restaurant Brands International in the 4th quarter valued at approximately $243,551,000. National Bank of Canada FI boosted its position in Restaurant Brands International by 46.7% in the fourth quarter. National Bank of Canada FI now owns 2,253,620 shares of the restaurant operator's stock valued at $173,167,000 after buying an additional 717,801 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Restaurant Brands International by 18.2% during the fourth quarter. 1832 Asset Management L.P. now owns 4,668,144 shares of the restaurant operator's stock worth $364,722,000 after buying an additional 717,346 shares during the last quarter. Finally, TD Asset Management Inc lifted its stake in shares of Restaurant Brands International by 22.8% in the 4th quarter. TD Asset Management Inc now owns 3,438,433 shares of the restaurant operator's stock valued at $269,914,000 after acquiring an additional 638,501 shares during the last quarter. 82.29% of the stock is currently owned by institutional investors.

Restaurant Brands International Stock Up 2.7 %

NYSE QSR traded up $2.00 during trading hours on Tuesday, reaching $75.84. 3,250,752 shares of the company's stock were exchanged, compared to its average volume of 1,482,731. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.94 and a current ratio of 1.01. Restaurant Brands International has a one year low of $61.77 and a one year high of $83.29. The company's 50-day moving average is $76.64 and its two-hundred day moving average is $74.52. The company has a market capitalization of $23.99 billion, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 2.19 and a beta of 0.91.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings data on Tuesday, February 13th. The restaurant operator reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.02. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.80 billion. Restaurant Brands International had a net margin of 16.95% and a return on equity of 32.20%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the business posted $0.72 earnings per share. On average, analysts forecast that Restaurant Brands International will post 3.38 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date was Wednesday, March 20th. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.55. Restaurant Brands International's payout ratio is presently 61.54%.

About Restaurant Brands International

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.