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

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have earned an average recommendation of “Moderate Buy” from the twenty-four ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $77.08.

A number of equities analysts have issued reports on QSR shares. Wells Fargo & Company decreased their price target on Restaurant Brands International from $72.00 to $69.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Loop Capital reaffirmed a “buy” rating on shares of Restaurant Brands International in a research note on Tuesday. Truist Financial lowered their target price on Restaurant Brands International from $85.00 to $83.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Stifel Nicolaus cut their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating for the company in a report on Friday, January 10th. Finally, Oppenheimer lowered their price objective on shares of Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th.

Insider Buying and Selling

In other Restaurant Brands International news, insider Thiago T. Santelmo sold 3,511 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $225,406.20. Following the completion of the sale, the insider now owns 32,937 shares in the company, valued at $2,114,555.40. This represents a 9.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sami A. Siddiqui sold 5,579 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $64.20, for a total transaction of $358,171.80. Following the transaction, the chief financial officer now owns 27,266 shares in the company, valued at approximately $1,750,477.20. This represents a 16.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 287,726 shares of company stock worth $18,269,723. 1.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Dunhill Financial LLC grew 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 buying an additional 200 shares in the last quarter. 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 acquiring an additional 314 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in Restaurant Brands International in the fourth quarter worth approximately $32,000. IFP Advisors Inc increased its stake in shares of Restaurant Brands International by 183.9% during the 4th quarter. IFP Advisors Inc now owns 636 shares of the restaurant operator’s stock worth $41,000 after purchasing an additional 412 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Restaurant Brands International during the 4th quarter valued at $60,000. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Performance

QSR stock opened at $67.93 on Friday. The company has a 50-day simple moving average of $64.12 and a 200 day simple moving average of $67.28. The company has a market capitalization of $22.08 billion, a P/E ratio of 21.36, a PEG ratio of 1.77 and a beta of 0.95. 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 fifty-two week low of $59.67 and a fifty-two week high of $81.27.

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%. Sell-side analysts predict that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a $0.62 dividend. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.58. The ex-dividend date is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.65%. Restaurant Brands International’s dividend payout ratio is currently 77.99%.

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.