Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given a consensus rating of “Buy” by the twenty research firms that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $62.57.

Several equities analysts recently weighed in on QSR shares. UBS AG upgraded Restaurant Brands International from a “market perform” rating to an “outperform” rating in a research report on Wednesday, June 14th. BidaskClub upgraded Restaurant Brands International from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Oppenheimer Holdings, Inc. upgraded Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a research report on Wednesday, June 14th. Nomura started coverage on Restaurant Brands International in a research report on Wednesday, July 12th. They set a “buy” rating and a $73.00 target price on the stock. Finally, Cowen and Company lifted their target price on Restaurant Brands International from $52.00 to $54.00 and gave the company a “market perform” rating in a research report on Friday, April 28th.

In other news, EVP Jose E. Cil sold 142,700 shares of the business’s stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $59.05, for a total value of $8,426,435.00. Following the transaction, the executive vice president now directly owns 21,684 shares in the company, valued at $1,280,440.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jose E. Cil sold 1,760 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $59.75, for a total value of $105,160.00. Following the completion of the transaction, the executive vice president now owns 22,855 shares in the company, valued at $1,365,586.25. The disclosure for this sale can be found here. Insiders sold 250,000 shares of company stock worth $14,849,219 over the last 90 days. Company insiders own 4.20% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. FMR LLC increased its position in shares of 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 during the last quarter. Principal Financial Group Inc. increased its stake in Restaurant Brands International by 4.0% in the first quarter. Principal Financial Group Inc. now owns 8,364,353 shares of the restaurant operator’s stock worth $466,229,000 after buying an additional 321,262 shares in the last quarter. Bank of Montreal Can increased 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 worth $405,048,000 after buying an additional 804,609 shares in the last quarter. Vanguard Group Inc. increased its stake in Restaurant Brands International by 4.3% in the first quarter. Vanguard Group Inc. now owns 4,719,182 shares of the restaurant operator’s stock worth $263,048,000 after buying an additional 193,389 shares in the last quarter. Finally, Valinor Management L.P. increased its stake in Restaurant Brands International by 7.8% in the first quarter. Valinor Management L.P. now owns 3,752,166 shares of the restaurant operator’s stock worth $209,145,000 after buying an additional 270,071 shares in the last quarter. Institutional investors and hedge funds own 75.50% of the company’s stock.

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Shares of Restaurant Brands International (QSR) traded down 0.23% on Friday, hitting $61.40. The stock had a trading volume of 1,158,369 shares. Restaurant Brands International has a 12 month low of $42.35 and a 12 month high of $62.94. The stock has a 50 day moving average of $60.94 and a 200-day moving average of $56.21. The stock has a market cap of $14.47 billion, a PE ratio of 42.55 and a beta of 1.81.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its earnings results on Wednesday, April 26th. The restaurant operator reported $0.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.01. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $989.16 million. Restaurant Brands International had a return on equity of 21.88% and a net margin of 12.97%. Restaurant Brands International’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 earnings per share. Equities research analysts anticipate that Restaurant Brands International will post $1.83 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 6th. Stockholders of record on Monday, May 15th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.24%. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.18. The ex-dividend date was Thursday, May 11th. Restaurant Brands International’s payout ratio is presently 52.41%.

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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