Restaurant Brands International Inc. (NYSE:QSR) Receives Average Rating of “Moderate Buy” from Brokerages

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given a consensus rating of “Moderate Buy” by the twenty-five analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $82.27.

A number of research analysts have recently commented on QSR shares. Citigroup increased their price target on Restaurant Brands International from $75.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, October 16th. Stifel Nicolaus lowered their target price on Restaurant Brands International from $77.00 to $72.00 and set a “hold” rating for the company in a report on Thursday, November 14th. JPMorgan Chase & Co. lifted their price target on Restaurant Brands International from $80.00 to $84.00 and gave the company an “overweight” rating in a research note on Monday, September 16th. Argus lowered their price objective on Restaurant Brands International from $85.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Evercore ISI dropped their price objective on shares of Restaurant Brands International from $93.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th.

Restaurant Brands International Price Performance

Shares of NYSE:QSR opened at $68.28 on Wednesday. Restaurant Brands International has a one year low of $65.87 and a one year high of $83.29. 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 company has a market cap of $22.10 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 2.27 and a beta of 0.93. The firm has a 50 day simple moving average of $69.91 and a 200 day simple moving average of $70.03.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend is Friday, December 20th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 58.15%.

Insider Transactions at Restaurant Brands International

In other news, insider Jill Granat sold 10,613 shares of the stock in a transaction dated Monday, December 9th. The shares were 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 represents a 2.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its position in shares of Restaurant Brands International by 79.4% during the third quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 185 shares during the period. Plato Investment Management Ltd acquired a new position in Restaurant Brands International during the third quarter worth $61,000. Crewe Advisors LLC raised its holdings in Restaurant Brands International by 78.8% during the second quarter. Crewe Advisors LLC now owns 1,071 shares of the restaurant operator’s stock worth $75,000 after buying an additional 472 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Restaurant Brands International by 123.9% in the third quarter. Blue Trust Inc. now owns 1,388 shares of the restaurant operator’s stock valued at $98,000 after buying an additional 768 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Restaurant Brands International by 67.0% during the third quarter. GAMMA Investing LLC now owns 1,754 shares of the restaurant operator’s stock valued at $126,000 after buying an additional 704 shares during the last quarter. Institutional investors own 82.29% of the company’s stock.

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.