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

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have been given a consensus recommendation of “Hold” by the twenty-three analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $75.4545.

Several equities analysts have recently weighed in on QSR shares. Robert W. Baird boosted their target price on Restaurant Brands International from $68.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Morgan Stanley set a $77.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, October 21st. Argus raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Tuesday, December 2nd. Citigroup raised their target price on shares of Restaurant Brands International from $72.00 to $74.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $82.00 price target on shares of Restaurant Brands International in a report on Tuesday, December 9th.

Insider Transactions at Restaurant Brands International

In related news, insider Jill Granat sold 5,315 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $70.87, for a total transaction of $376,674.05. Following the completion of the sale, the insider directly owned 460,626 shares of the company’s stock, valued at approximately $32,644,564.62. This trade represents a 1.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Axel Schwan sold 5,860 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $70.87, for a total value of $415,298.20. Following the completion of the sale, the insider owned 159,757 shares in the company, valued at approximately $11,321,978.59. The trade was a 3.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 131,807 shares of company stock valued at $9,308,973. Company insiders own 1.25% of the company’s stock.

Institutional Investors Weigh In On Restaurant Brands International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its position in shares of Restaurant Brands International by 26.8% during the first quarter. American Century Companies Inc. now owns 54,964 shares of the restaurant operator’s stock worth $3,664,000 after acquiring an additional 11,606 shares during the period. Cresset Asset Management LLC grew its stake in Restaurant Brands International by 15.6% in the first quarter. Cresset Asset Management LLC now owns 5,040 shares of the restaurant operator’s stock worth $339,000 after purchasing an additional 682 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Restaurant Brands International by 90.9% during the 1st quarter. Raymond James Financial Inc. now owns 563,747 shares of the restaurant operator’s stock worth $37,568,000 after purchasing an additional 268,511 shares during the period. Northern Trust Corp raised its position in Restaurant Brands International by 17.5% during the 1st quarter. Northern Trust Corp now owns 313,596 shares of the restaurant operator’s stock valued at $20,898,000 after purchasing an additional 46,716 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Restaurant Brands International by 13.3% during the 1st quarter. Wellington Management Group LLP now owns 19,185 shares of the restaurant operator’s stock valued at $1,279,000 after purchasing an additional 2,250 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Stock Up 0.2%

Shares of NYSE QSR opened at $70.02 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 2.65. Restaurant Brands International has a 12-month low of $58.71 and a 12-month high of $73.70. The firm’s 50-day moving average price is $69.18 and its 200-day moving average price is $67.29. The stock has a market capitalization of $22.95 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 2.78 and a beta of 0.60.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, October 30th. The restaurant operator reported $1.03 EPS for the quarter, topping the consensus estimate of $1.00 by $0.03. Restaurant Brands International had a return on equity of 32.43% and a net margin of 9.95%.The company had revenue of $2.45 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same quarter last year, the business posted $0.93 earnings per share. The firm’s revenue was up 6.9% on a year-over-year basis. On average, equities research analysts anticipate that Restaurant Brands International will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 23rd will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.5%. Restaurant Brands International’s dividend payout ratio is currently 88.26%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.