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

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned a consensus recommendation of “Moderate Buy” from the twenty-four brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $76.63.

A number of equities analysts have recently commented on the company. Barclays lowered their price target on Restaurant Brands International from $83.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday, February 13th. Wells Fargo & Company dropped their target price on shares of Restaurant Brands International from $72.00 to $69.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Argus raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. Citigroup raised their target price on shares of Restaurant Brands International from $65.00 to $67.00 and gave the company a “neutral” rating in a research report on Thursday, February 13th. Finally, TD Cowen downgraded shares of Restaurant Brands International from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a report on Friday, February 14th.

Insider Buying and Selling at Restaurant Brands International

In other news, insider Duncan Fulton sold 27,500 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $64.66, for a total transaction of $1,778,150.00. Following the completion of the sale, the insider now directly owns 34,822 shares of the company’s stock, valued at $2,251,590.52. The trade was a 44.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sami A. Siddiqui sold 12,500 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were 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 approximately $16,023,731.36. The trade was a 5.05 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 278,716 shares of company stock valued at $17,740,281. Company insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Bleakley Financial Group LLC boosted its stake in Restaurant Brands International by 5.4% during the fourth quarter. Bleakley Financial Group LLC now owns 3,137 shares of the restaurant operator’s stock valued at $204,000 after buying an additional 161 shares during the period. GeoWealth Management LLC grew its holdings in shares of Restaurant Brands International by 7.0% during the fourth quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator’s stock worth $162,000 after purchasing an additional 163 shares in the last quarter. Waterfront Wealth Inc. increased its position in shares of Restaurant Brands International by 1.3% in the fourth quarter. Waterfront Wealth Inc. now owns 14,034 shares of the restaurant operator’s stock worth $915,000 after purchasing an additional 180 shares during the last quarter. Capital Analysts LLC raised its stake in Restaurant Brands International by 24.3% in the fourth quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator’s stock valued at $62,000 after purchasing an additional 186 shares in the last quarter. Finally, Dunhill Financial LLC lifted its position in Restaurant Brands International by 100.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Trading Up 0.1 %

QSR opened at $62.97 on Tuesday. The stock has a market capitalization of $20.61 billion, a price-to-earnings ratio of 19.80, a P/E/G ratio of 1.77 and a beta of 0.72. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $77.24. The company has a 50-day simple moving average of $65.32 and a 200 day simple moving average of $66.63.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share 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 predict that Restaurant Brands International will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were paid a dividend of $0.62 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.58. This represents a $2.48 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International’s dividend payout ratio is 77.99%.

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.