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

Restaurant Brands International (NYSE:QSR) (TSE:QSR) had its price target lowered by UBS Group from $90.00 to $85.00 in a research report report published on Monday,Benzinga reports. UBS Group currently has a buy rating on the restaurant operator’s stock.

A number of other equities research analysts also recently weighed in on the stock. 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 report on Friday, April 4th. TD Cowen cut Restaurant Brands International from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a report on Friday, February 14th. TD Securities reissued a “hold” rating and set a $70.00 target price on shares of Restaurant Brands International in a report on Tuesday, February 25th. CIBC decreased their price target on Restaurant Brands International from $86.00 to $78.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Finally, Truist Financial cut their price objective on shares of Restaurant Brands International from $83.00 to $78.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Restaurant Brands International currently has an average rating of “Moderate Buy” and an average price target of $75.70.

Restaurant Brands International Stock Performance

Shares of NYSE QSR opened at $66.75 on Monday. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.02 and a quick ratio of 0.94. The firm has a market cap of $21.87 billion, a price-to-earnings ratio of 20.99, a P/E/G ratio of 1.77 and a beta of 0.60. The stock’s fifty day moving average price is $65.09 and its two-hundred day moving average price is $65.85. Restaurant Brands International has a one year low of $58.71 and a one year high of $76.49.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.29). Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. On average, equities 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 was paid on Friday, April 4th. Investors of record on Friday, March 21st were given a dividend of $0.62 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.58. This represents a $2.48 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International’s dividend payout ratio (DPR) is currently 77.99%.

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, insider Duncan Fulton sold 27,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now owns 34,822 shares in the company, valued at approximately $2,251,590.52. This trade represents a 44.13 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sami A. Siddiqui sold 18,477 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.35, for a total transaction of $1,152,040.95. Following the completion of the sale, the chief financial officer now directly owns 55,761 shares in the company, valued at approximately $3,476,698.35. This represents a 24.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 278,716 shares of company stock worth $17,740,281. Insiders own 1.36% of the company’s stock.

Institutional Trading of Restaurant Brands International

Institutional investors have recently bought and sold shares of the company. Dunhill Financial LLC lifted its stake in shares of Restaurant Brands International by 100.0% in the 4th 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 period. HM Payson & Co. bought a new stake in Restaurant Brands International in the first quarter worth approximately $26,000. Venturi Wealth Management LLC lifted its stake in Restaurant Brands International by 213.6% in the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 314 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of Restaurant Brands International during the 4th quarter worth approximately $32,000. Finally, Private Trust Co. NA grew its position in shares of Restaurant Brands International by 96.6% during the 1st quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator’s stock worth $35,000 after buying an additional 255 shares during the period. Institutional investors own 82.29% of the company’s stock.

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.