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

Shares of Restaurant Brands International Inc. (NYSE:QSR - Get Free Report) TSE: QSR have been assigned a consensus rating of "Moderate Buy" from the twenty-two analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $75.91.

A number of analysts have recently issued reports on the stock. Robert W. Baird lowered their price objective on shares of Restaurant Brands International from $72.00 to $65.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Guggenheim lifted their price target on shares of Restaurant Brands International from $71.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, April 4th. Argus raised shares of Restaurant Brands International from a "hold" rating to a "buy" rating in a research report on Wednesday, March 19th. Truist Financial decreased their price objective on Restaurant Brands International from $83.00 to $78.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, UBS Group lowered their target price on Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

Insider Buying and Selling at Restaurant Brands International

In related news, CFO Sami A. Siddiqui sold 12,500 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the transaction, the chief financial officer now directly owns 235,228 shares in the company, valued at $16,023,731.36. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jacqueline Friesner sold 70,000 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $70.08, for a total value of $4,905,600.00. Following the transaction, the insider now directly owns 182,897 shares of the company's stock, valued at $12,817,421.76. The trade was a 27.68% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.36% of the company's stock.

Institutional Trading of Restaurant Brands International

A number of hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Restaurant Brands International during the fourth quarter worth approximately $264,813,000. Davis Selected Advisers purchased a new position in Restaurant Brands International in the 1st quarter worth $224,744,000. Meritage Group LP raised its position in Restaurant Brands International by 5,795.9% in the 4th quarter. Meritage Group LP now owns 3,301,689 shares of the restaurant operator's stock worth $215,204,000 after purchasing an additional 3,245,689 shares during the period. Royal Bank of Canada lifted its stake in Restaurant Brands International by 16.7% in the first quarter. Royal Bank of Canada now owns 22,626,635 shares of the restaurant operator's stock worth $1,507,839,000 after purchasing an additional 3,230,735 shares during the last quarter. Finally, Baupost Group LLC MA boosted its position in Restaurant Brands International by 10,155.5% during the fourth quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator's stock valued at $189,133,000 after buying an additional 2,873,406 shares during the period. Institutional investors own 82.29% of the company's stock.

Restaurant Brands International Trading Down 0.2%

Shares of QSR stock traded down $0.15 on Wednesday, reaching $71.40. 1,715,760 shares of the stock were exchanged, compared to its average volume of 2,267,318. 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 stock has a market cap of $23.40 billion, a PE ratio of 22.45, a P/E/G ratio of 1.77 and a beta of 0.60. The stock has a 50 day moving average price of $66.36 and a 200 day moving average price of $65.93.

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

Restaurant Brands International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders 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 dividend yield of 3.47%. Restaurant Brands International's payout ratio is presently 84.07%.

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.