Restaurant Brands International (NYSE:QSR) Price Target Lowered to $85.00 at UBS Group

Restaurant Brands International (NYSE:QSR - Free Report) TSE: QSR had its price objective reduced by UBS Group from $90.00 to $85.00 in a research report released on Monday, Marketbeat.com reports. UBS Group currently has a buy rating on the restaurant operator's stock.

A number of other research analysts also recently weighed in on the company. Argus upgraded Restaurant Brands International from a "hold" rating to a "buy" rating in a research note on Wednesday, March 19th. Morgan Stanley decreased their target price on Restaurant Brands International from $81.00 to $73.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. Guggenheim raised their price target on shares of Restaurant Brands International from $71.00 to $77.00 and gave the stock a "buy" rating in a research report on Friday, April 4th. Citigroup dropped their price objective on Restaurant Brands International from $67.00 to $66.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Finally, Jefferies Financial Group cut their price target on shares of Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating for the company in a report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $75.70.

Restaurant Brands International Stock Down 0.1 %

Shares of NYSE QSR traded down $0.07 during mid-day trading on Monday, reaching $67.46. 785,573 shares of the company's stock were exchanged, compared to its average volume of 2,248,760. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 2.75. The firm has a market capitalization of $22.10 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 1.77 and a beta of 0.60. The business has a fifty day simple moving average of $65.25 and a 200 day simple moving average of $65.84. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $75.07.

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

Restaurant Brands International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were given a $0.62 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $2.48 annualized dividend and a yield of 3.68%. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.58. Restaurant Brands International's dividend payout ratio (DPR) is presently 77.99%.

Insider Buying and Selling at Restaurant Brands International

In other news, CFO Sami A. Siddiqui sold 12,500 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total value of $851,500.00. Following the completion of the sale, the chief financial officer now directly owns 235,228 shares of the company's stock, valued at $16,023,731.36. This represents a 5.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Duncan Fulton sold 15,974 shares of Restaurant Brands International stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.48, for a total value of $998,055.52. Following the transaction, the insider now directly owns 45,248 shares in the company, valued at approximately $2,827,095.04. The trade was a 26.09 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 278,716 shares of company stock worth $17,740,281. 1.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Restaurant Brands International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Inkwell Capital LLC purchased a new stake in shares of Restaurant Brands International in the fourth quarter valued at about $3,370,000. Summerhill Capital Management lnc. bought a new stake in Restaurant Brands International in the 4th quarter worth about $841,000. Aviso Financial Inc. lifted its position in shares of Restaurant Brands International by 4.1% during the 4th quarter. Aviso Financial Inc. now owns 942,022 shares of the restaurant operator's stock worth $61,384,000 after buying an additional 37,241 shares in the last quarter. Baskin Financial Services Inc. grew its holdings in shares of Restaurant Brands International by 2.8% in the fourth quarter. Baskin Financial Services Inc. now owns 332,594 shares of the restaurant operator's stock valued at $21,664,000 after acquiring an additional 9,208 shares in the last quarter. Finally, Baupost Group LLC MA grew its stake in Restaurant Brands International by 10,155.5% in the 4th quarter. Baupost Group LLC MA now owns 2,901,700 shares of the restaurant operator's stock valued at $189,133,000 after purchasing an additional 2,873,406 shares during the period. 82.29% of the stock is owned by hedge funds and other 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.