Restaurant Brands International Inc. (NYSE:QSR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have been given an average recommendation of “Moderate Buy” by the twenty-six analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $80.00.

Several research analysts recently commented on QSR shares. Evercore ISI reduced their target price 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. Bank of America lifted their price objective on shares of Restaurant Brands International from $76.00 to $77.00 and gave the company an “underperform” rating in a research note on Tuesday, October 22nd. Oppenheimer reduced their price target on shares of 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 target on shares of Restaurant Brands International from $73.00 to $65.00 and set a “negative” rating on the stock in a report on Thursday, January 30th. Finally, Stifel Nicolaus cut their price target on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a report on Friday, January 10th.

Insider Activity

In related news, 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 sale, the insider now directly owns 388,759 shares of the company’s stock, valued at approximately $27,372,521.19. This trade represents a 2.66 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Joshua Kobza sold 12,420 shares of Restaurant Brands International stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $64.20, for a total value of $797,364.00. Following the completion of the transaction, the chief executive officer now owns 703,445 shares of the company’s stock, valued at $45,161,169. The trade was a 1.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 113,510 shares of company stock worth $7,774,020 over the last 90 days. 1.36% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Restaurant Brands International

Several large investors have recently added to or reduced their stakes in the business. Creative Planning raised its holdings in shares of Restaurant Brands International by 1.2% during the 2nd quarter. Creative Planning now owns 62,040 shares of the restaurant operator’s stock valued at $4,366,000 after buying an additional 759 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Restaurant Brands International by 37.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 52,637 shares of the restaurant operator’s stock worth $3,704,000 after purchasing an additional 14,296 shares during the last quarter. Granite Bay Wealth Management LLC bought a new stake in shares of Restaurant Brands International in the 2nd quarter worth approximately $792,000. SG Americas Securities LLC raised its stake in Restaurant Brands International by 25.8% during the 3rd quarter. SG Americas Securities LLC now owns 3,081 shares of the restaurant operator’s stock valued at $222,000 after acquiring an additional 631 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Restaurant Brands International by 67.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,754 shares of the restaurant operator’s stock worth $126,000 after buying an additional 704 shares in the last quarter. 82.29% of the stock is currently owned by hedge funds and other institutional investors.

Restaurant Brands International Stock Performance

Shares of QSR opened at $61.74 on Thursday. The company has a market capitalization of $20.03 billion, a PE ratio of 15.47, a price-to-earnings-growth ratio of 2.09 and a beta of 0.93. Restaurant Brands International has a one year low of $59.67 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’s fifty day moving average price is $65.34 and its 200 day moving average price is $68.43.

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.