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

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given a consensus recommendation of “Hold” by the twenty-two research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $76.95.

QSR has been the subject of several analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $80.00 price objective on shares of Restaurant Brands International in a research report on Tuesday, November 25th. 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. Sanford C. Bernstein restated an “overweight” rating and issued a $86.00 price objective on shares of Restaurant Brands International in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Restaurant Brands International in a research note on Thursday, January 22nd. Finally, Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research report on Tuesday, December 2nd.

Restaurant Brands International Trading Up 0.9%

Shares of QSR opened at $70.98 on Monday. Restaurant Brands International has a 52-week low of $58.71 and a 52-week high of $73.70. The stock has a market cap of $24.58 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 2.57 and a beta of 0.58. The firm’s fifty day moving average is $69.30 and its two-hundred day moving average is $67.43. The company has a quick ratio of 0.98, a current ratio of 1.06 and a debt-to-equity ratio of 2.65.

Insider Transactions at Restaurant Brands International

In related news, insider Thiago T. Santelmo sold 699 shares of the stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $67.44, for a total transaction of $47,140.56. Following the transaction, the insider owned 64,088 shares of the company’s stock, valued at approximately $4,322,094.72. This represents a 1.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jacqueline Friesner sold 816 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $67.44, for a total transaction of $55,031.04. Following the sale, the insider owned 187,069 shares in the company, valued at $12,615,933.36. This trade represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 145,508 shares of company stock worth $10,233,040. 1.25% of the stock is owned by corporate insiders.

Institutional Trading of Restaurant Brands International

Institutional investors and hedge funds have recently made changes to their positions in the company. Lloyd Advisory Services LLC. acquired a new position in Restaurant Brands International in the fourth quarter valued at $25,000. Larson Financial Group LLC increased its stake in Restaurant Brands International by 1,922.2% in the 4th quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 346 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Restaurant Brands International during the 4th quarter worth $29,000. Steigerwald Gordon & Koch Inc. purchased a new position in Restaurant Brands International during the 3rd quarter worth $29,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Restaurant Brands International in the second quarter valued at about $35,000. 82.29% of the stock is owned by hedge funds and other institutional investors.

About Restaurant Brands International

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.