Restaurant Brands International Inc. (NYSE:QSR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been assigned an average recommendation of “Moderate Buy” from the twenty-five ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and fourteen have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $77.96.

A number of equities analysts have issued reports on QSR shares. Truist Financial cut their price target on Restaurant Brands International from $85.00 to $83.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Stifel Nicolaus lowered their target price on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating for the company in a report on Friday, January 10th. Oppenheimer decreased their target price on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reduced their price objective on Restaurant Brands International from $95.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Finally, Barclays reduced their price objective on shares of Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, February 13th.

Insider Transactions at Restaurant Brands International

In related news, insider Thiago T. Santelmo sold 3,511 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the sale, the insider now owns 32,937 shares of the company’s stock, valued at $2,114,555.40. This trade represents a 9.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Granat sold 10,613 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $70.41, for a total transaction of $747,261.33. Following the transaction, the insider now owns 388,759 shares of the company’s stock, valued at $27,372,521.19. This trade represents a 2.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 113,510 shares of company stock worth $7,774,020 in the last 90 days. Insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of QSR. Blue Trust Inc. boosted its holdings in Restaurant Brands International by 123.9% in the 3rd quarter. Blue Trust Inc. now owns 1,388 shares of the restaurant operator’s stock valued at $98,000 after purchasing an additional 768 shares in the last quarter. Private Advisor Group LLC purchased a new stake in Restaurant Brands International during the 3rd quarter worth about $257,000. International Assets Investment Management LLC acquired a new position in shares of Restaurant Brands International in the third quarter valued at approximately $4,596,000. Assenagon Asset Management S.A. raised its holdings in Restaurant Brands International by 379.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 22,575 shares of the restaurant operator’s stock valued at $1,628,000 after acquiring an additional 17,868 shares during the last quarter. Finally, Forsta AP Fonden lifted its position in Restaurant Brands International by 32.7% during the third quarter. Forsta AP Fonden now owns 157,000 shares of the restaurant operator’s stock worth $11,341,000 after buying an additional 38,700 shares during the period. 82.29% of the stock is owned by hedge funds and other institutional investors.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock opened at $62.26 on Monday. The stock has a market capitalization of $20.20 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 1.77 and a beta of 0.93. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The company has a 50-day simple moving average of $63.66 and a two-hundred day simple moving average of $67.78. Restaurant Brands International has a twelve month low of $59.67 and a twelve month high of $83.29.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.29). Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. Analysts forecast that Restaurant Brands International will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be issued a $0.62 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend is Friday, March 21st. Restaurant Brands International’s dividend payout ratio is presently 77.99%.

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.