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

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned a consensus rating of “Hold” from the twenty-three brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $75.4545.

Several equities analysts have weighed in on QSR shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $82.00 target price on shares of Restaurant Brands International in a research note on Tuesday, December 9th. Robert W. Baird upped their price objective on shares of Restaurant Brands International from $68.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Northcoast Research lowered Restaurant Brands International from a “buy” rating to a “neutral” rating in a report on Friday, September 12th. Morgan Stanley set a $77.00 target price on Restaurant Brands International in a research note on Tuesday, October 21st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Restaurant Brands International in a report on Wednesday, October 8th.

Restaurant Brands International Price Performance

QSR opened at $69.90 on Friday. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.06 and a quick ratio of 0.98. The stock has a market capitalization of $22.93 billion, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 2.78 and a beta of 0.60. The company’s 50 day simple moving average is $69.36 and its 200-day simple moving average is $67.26. Restaurant Brands International has a one year low of $58.71 and a one year high of $73.70.

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

Restaurant Brands International Dividend Announcement

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

Insider Activity

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 10,913 shares of Restaurant Brands International stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $70.87, for a total value of $773,404.31. Following the sale, the chief financial officer owned 10,609 shares of the company’s stock, valued at $751,859.83. This trade represents a 50.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Joshua Kobza sold 25,472 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $70.91, for a total value of $1,806,219.52. Following the completion of the sale, the chief executive officer owned 961,282 shares in the company, valued at approximately $68,164,506.62. This trade represents a 2.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 131,807 shares of company stock worth $9,308,973. 1.25% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Restaurant Brands International

A number of large investors have recently bought and sold shares of QSR. AIA Group Ltd raised its holdings in shares of Restaurant Brands International by 26.3% in the third quarter. AIA Group Ltd now owns 111,169 shares of the restaurant operator’s stock valued at $7,130,000 after purchasing an additional 23,154 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in Restaurant Brands International by 15.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 21,274 shares of the restaurant operator’s stock valued at $1,367,000 after buying an additional 2,797 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in Restaurant Brands International by 2.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 14,694 shares of the restaurant operator’s stock worth $942,000 after buying an additional 384 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in Restaurant Brands International during the 3rd quarter worth about $1,169,000. Finally, Coldstream Capital Management Inc. boosted its stake in shares of Restaurant Brands International by 11.6% during the 3rd quarter. Coldstream Capital Management Inc. now owns 3,393 shares of the restaurant operator’s stock worth $218,000 after buying an additional 354 shares during the last quarter. Institutional investors and hedge funds own 82.29% of the company’s stock.

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.