Restaurant Brands International (NYSE:QSR) Price Target Lowered to $84.00 at TD Securities

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR had its price objective decreased by TD Securities from $90.00 to $84.00 in a report issued on Friday, BayStreet.CA reports. The firm currently has a "buy" rating on the restaurant operator's stock. TD Securities' target price points to a potential upside of 17.86% from the stock's previous close.

Several other research firms also recently commented on QSR. JPMorgan Chase & Co. upped their target price on Restaurant Brands International from $78.00 to $82.00 and gave the company an "overweight" rating in a research report on Friday, February 16th. Stephens reaffirmed an "equal weight" rating and issued a $75.00 target price on shares of Restaurant Brands International in a research report on Tuesday, February 13th. BMO Capital Markets increased their price target on Restaurant Brands International from $85.00 to $90.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 14th. TD Cowen reissued a "buy" rating and set a $90.00 price target on shares of Restaurant Brands International in a research report on Wednesday. Finally, Scotiabank reduced their price target on Restaurant Brands International from $81.00 to $80.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eighteen have issued a buy rating to the company's stock. According to MarketBeat.com, Restaurant Brands International presently has an average rating of "Moderate Buy" and a consensus target price of $82.36.

Restaurant Brands International Stock Performance

NYSE:QSR traded down $0.94 on Friday, hitting $71.27. The company's stock had a trading volume of 1,079,793 shares, compared to its average volume of 1,453,731. The company has a current ratio of 1.01, a quick ratio of 0.94 and a debt-to-equity ratio of 2.78. The stock has a fifty day moving average of $77.77 and a two-hundred day moving average of $73.66. The firm has a market capitalization of $22.55 billion, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 2.18 and a beta of 0.91. Restaurant Brands International has a one year low of $61.77 and a one year high of $83.29.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its quarterly earnings data on Tuesday, February 13th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. Restaurant Brands International had a return on equity of 32.20% and a net margin of 16.95%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the company earned $0.72 earnings per share. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. Research analysts predict that Restaurant Brands International will post 3.39 earnings per share for the current year.

Insiders Place Their Bets

In other Restaurant Brands International news, insider Jill Granat sold 23,322 shares of Restaurant Brands International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $75.55, for a total transaction of $1,761,977.10. Following the transaction, the insider now directly owns 406,860 shares of the company's stock, valued at approximately $30,738,273. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Jill Granat sold 23,322 shares of the business's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $75.55, for a total value of $1,761,977.10. Following the transaction, the insider now directly owns 406,860 shares of the company's stock, valued at approximately $30,738,273. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Dunnigan sold 46,701 shares of the business's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $75.55, for a total value of $3,528,260.55. Following the completion of the sale, the chief financial officer now directly owns 128,154 shares of the company's stock, valued at $9,682,034.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 380,200 shares of company stock valued at $28,828,182. 1.25% of the stock is currently owned by company insiders.

Institutional Trading of Restaurant Brands International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aspire Private Capital LLC grew its holdings in shares of Restaurant Brands International by 175.9% in the fourth quarter. Aspire Private Capital LLC now owns 298 shares of the restaurant operator's stock valued at $19,271,660,000 after acquiring an additional 190 shares in the last quarter. Mather Group LLC. bought a new position in shares of Restaurant Brands International in the first quarter valued at approximately $25,000. Pacifica Partners Inc. grew its holdings in shares of Restaurant Brands International by 196.0% in the fourth quarter. Pacifica Partners Inc. now owns 370 shares of the restaurant operator's stock valued at $27,000 after acquiring an additional 245 shares in the last quarter. Rise Advisors LLC grew its holdings in shares of Restaurant Brands International by 88.3% in the fourth quarter. Rise Advisors LLC now owns 371 shares of the restaurant operator's stock valued at $29,000 after acquiring an additional 174 shares in the last quarter. Finally, Montag A & Associates Inc. bought a new position in shares of Restaurant Brands International in the fourth quarter valued at approximately $30,000. 82.29% of the stock is owned by institutional investors.

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.