Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been assigned an average recommendation of “Buy” from the seventeen ratings firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $60.83.

A number of research analysts have commented on the stock. Piper Jaffray Companies restated an “overweight” rating and set a $66.00 price target on shares of Restaurant Brands International in a research note on Tuesday, June 6th. CIBC upgraded shares of Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $70.00 price target for the company in a research note on Wednesday, June 14th. Scotiabank restated an “outperform” rating and set a $65.00 price target on shares of Restaurant Brands International in a research note on Tuesday, April 25th. OTR Global restated a “positive” rating on shares of Restaurant Brands International in a research note on Tuesday, April 11th. Finally, Bank of America Corporation restated a “neutral” rating and set a $62.00 price target (up previously from $58.00) on shares of Restaurant Brands International in a research note on Tuesday, June 13th.

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Restaurant Brands International (QSR) traded up 0.47% during mid-day trading on Monday, reaching $62.44. The company’s stock had a trading volume of 722,466 shares. The stock has a market capitalization of $14.71 billion, a price-to-earnings ratio of 43.27 and a beta of 1.81. The firm has a 50-day moving average of $59.57 and a 200-day moving average of $54.26. Restaurant Brands International has a 52 week low of $39.28 and a 52 week high of $62.90.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings results on Wednesday, April 26th. The restaurant operator reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $989.16 million. Restaurant Brands International had a net margin of 12.97% and a return on equity of 21.88%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 earnings per share. On average, equities research analysts expect that Restaurant Brands International will post $1.84 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Monday, May 15th will be given a $0.19 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.18. This represents a $0.76 annualized dividend and a yield of 1.22%. The ex-dividend date is Thursday, May 11th. Restaurant Brands International’s payout ratio is currently 52.41%.

In related news, EVP Jose E. Cil sold 142,700 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $59.05, for a total value of $8,426,435.00. Following the sale, the executive vice president now directly owns 21,684 shares of the company’s stock, valued at approximately $1,280,440.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jose E. Cil sold 1,760 shares of the business’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $59.75, for a total transaction of $105,160.00. Following the completion of the sale, the executive vice president now directly owns 22,855 shares in the company, valued at $1,365,586.25. The disclosure for this sale can be found here. Insiders sold a total of 250,000 shares of company stock worth $14,849,219 over the last ninety days. 4.20% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of QSR. Norges Bank bought a new stake in Restaurant Brands International during the fourth quarter valued at approximately $56,649,000. Alliancebernstein L.P. boosted its stake in Restaurant Brands International by 937.3% in the first quarter. Alliancebernstein L.P. now owns 1,181,675 shares of the restaurant operator’s stock valued at $65,867,000 after buying an additional 1,067,761 shares in the last quarter. FMR LLC boosted its stake in Restaurant Brands International by 7.6% in the first quarter. FMR LLC now owns 13,964,143 shares of the restaurant operator’s stock valued at $777,880,000 after buying an additional 989,549 shares in the last quarter. Bank of Montreal Can boosted its stake in Restaurant Brands International by 12.5% in the first quarter. Bank of Montreal Can now owns 7,266,766 shares of the restaurant operator’s stock valued at $405,048,000 after buying an additional 804,609 shares in the last quarter. Finally, Think Investments LP bought a new stake in Restaurant Brands International during the first quarter valued at approximately $17,954,000. 75.98% of the stock is currently owned by institutional investors and hedge funds.

About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

Analyst Recommendations for Restaurant Brands International (NYSE:QSR)

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