Restaurant Brands International Inc. (NYSE:QSR) Receives $80.96 Consensus PT from Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned a consensus rating of “Moderate Buy” from the twenty-six analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have 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 target price among brokerages that have issued a report on the stock in the last year is $80.00.

A number of research firms have recently weighed in on QSR. Oppenheimer lowered their price objective on Restaurant Brands International from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Citigroup lowered their price objective on shares of Restaurant Brands International from $73.00 to $65.00 and set a “negative” rating for the company in a research note on Thursday. Evercore ISI cut their target price on Restaurant Brands International from $93.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Guggenheim upgraded Restaurant Brands International from a “neutral” rating to a “buy” rating and dropped their price target for the company from $74.00 to $71.00 in a research note on Friday, January 24th. Finally, CIBC reduced their price objective on Restaurant Brands International from $88.00 to $86.00 and set an “outperformer” rating for the company in a research note on Wednesday, November 6th.

Restaurant Brands International Trading Down 1.6 %

NYSE:QSR opened at $61.48 on Thursday. The stock has a market capitalization of $19.95 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 2.10 and a beta of 0.94. Restaurant Brands International has a 52 week low of $59.85 and a 52 week high of $83.29. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The firm has a 50 day moving average of $65.34 and a 200 day moving average of $68.52.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 20th were issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 3.77%. The ex-dividend date was Friday, December 20th. Restaurant Brands International’s payout ratio is presently 58.15%.

Insiders Place Their Bets

In other news, insider Thiago T. Santelmo sold 3,511 shares of the company’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 $225,406.20. Following the completion of the sale, the insider now owns 32,937 shares of the company’s stock, valued at $2,114,555.40. This represents a 9.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jill Granat sold 10,613 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $70.41, for a total transaction of $747,261.33. Following the completion of the transaction, the insider now directly owns 388,759 shares in the company, valued at approximately $27,372,521.19. This represents a 2.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,510 shares of company stock worth $7,774,020. Company insiders own 1.36% of the company’s stock.

Institutional Trading of Restaurant Brands International

Several large investors have recently bought and sold shares of QSR. Farther Finance Advisors LLC raised its holdings in shares of Restaurant Brands International by 79.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 418 shares of the restaurant operator’s stock worth $30,000 after acquiring an additional 185 shares during the period. Venturi Wealth Management LLC increased its position in Restaurant Brands International by 213.6% during the fourth quarter. Venturi Wealth Management LLC now owns 461 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 314 shares during the last quarter. Plato Investment Management Ltd purchased a new position in Restaurant Brands International during the third quarter worth about $61,000. Crewe Advisors LLC acquired a new position in Restaurant Brands International in the 4th quarter valued at about $74,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Restaurant Brands International by 74.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,325 shares of the restaurant operator’s stock valued at $86,000 after buying an additional 567 shares during the period. Hedge funds and other 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.