Restaurant Brands International Inc. (NYSE:QSR) Given Average Recommendation of "Hold" by Brokerages

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR have earned an average recommendation of "Hold" from the twenty-three analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $75.65.

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Restaurant Brands International from $69.00 to $66.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Morgan Stanley increased their target price on shares of Restaurant Brands International from $72.00 to $73.00 and gave the company an "equal weight" rating in a research note on Friday. TD Securities restated a "hold" rating and set a $70.00 price target on shares of Restaurant Brands International in a research note on Tuesday, February 25th. Loop Capital restated a "buy" rating on shares of Restaurant Brands International in a research note on Tuesday, March 18th. Finally, Stifel Nicolaus decreased their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating on the stock in a research note on Friday, January 10th.

Restaurant Brands International Stock Performance

Shares of NYSE QSR opened at $67.19 on Friday. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. Restaurant Brands International has a one year low of $58.71 and a one year high of $75.07. The business's 50-day moving average price is $65.28 and its two-hundred day moving average price is $65.81. The company has a market capitalization of $22.01 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last announced its quarterly earnings results on Thursday, May 8th. The restaurant operator reported $0.75 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.03). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the company earned $0.73 EPS. The business's revenue for the quarter was up 21.3% compared to the same quarter last year. Analysts anticipate that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Tuesday, June 24th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $2.48 annualized dividend and a yield of 3.69%. Restaurant Brands International's dividend payout ratio (DPR) is presently 77.99%.

Insiders Place Their Bets

In other Restaurant Brands International news, insider Duncan Fulton sold 15,974 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $62.48, for a total value of $998,055.52. Following the completion of the sale, the insider now owns 45,248 shares of the company's stock, valued at $2,827,095.04. The trade was a 26.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Joshua Kobza sold 93,619 shares of the firm's 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 transaction, the chief executive officer now owns 848,578 shares in the company, valued at approximately $52,908,838.30. This trade represents a 9.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 278,716 shares of company stock worth $17,740,281 in the last 90 days. Company insiders own 1.36% of the company's stock.

Hedge Funds Weigh In On Restaurant Brands International

Hedge funds have recently bought and sold shares of the company. Gagnon Securities LLC bought a new position in shares of Restaurant Brands International in the 1st quarter valued at $377,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Restaurant Brands International by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 764,104 shares of the restaurant operator's stock valued at $50,930,000 after purchasing an additional 16,242 shares in the last quarter. ASR Vermogensbeheer N.V. bought a new stake in shares of Restaurant Brands International during the 1st quarter valued at approximately $891,000. Vanguard Group Inc. increased its position in Restaurant Brands International by 7.6% during the 1st quarter. Vanguard Group Inc. now owns 14,169,061 shares of the restaurant operator's stock worth $944,538,000 after purchasing an additional 1,003,563 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Restaurant Brands International by 0.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,108,527 shares of the restaurant operator's stock valued at $540,352,000 after buying an additional 47,192 shares in the last quarter. 82.29% of the stock is owned by 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.

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