Research analysts at BMO Capital Markets began coverage on shares of Restaurant Brands International (NYSE:QSR) in a report issued on Friday. The firm set an “outperform” rating on the stock.

A number of other research firms have also recently commented on QSR. Credit Suisse Group AG reissued a “hold” rating and issued a $43.00 price target on shares of Restaurant Brands International in a research note on Thursday, July 28th. Piper Jaffray Cos. reissued an “overweight” rating and issued a $52.00 price target on shares of Restaurant Brands International in a research note on Monday, August 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of Restaurant Brands International in a research note on Wednesday, June 22nd. Zacks Investment Research raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating and set a $50.00 price target for the company in a research note on Thursday, October 6th. Finally, TheStreet raised shares of Restaurant Brands International from a “hold” rating to a “buy” rating in a research note on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $44.91.

Analyst Recommendations for Restaurant Brands International (NYSE:QSR)

Restaurant Brands International (NYSE:QSR) opened at 43.56 on Friday. Restaurant Brands International has a 52 week low of $29.28 and a 52 week high of $49.12. The company has a market cap of $10.18 billion, a P/E ratio of 40.33 and a beta of 1.79. The company’s 50-day moving average is $45.53 and its 200-day moving average is $43.26.

Restaurant Brands International (NYSE:QSR) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.35 by $0.06. The company earned $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Restaurant Brands International had a net margin of 11.02% and a return on equity of 20.00%. Restaurant Brands International’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 earnings per share. On average, analysts anticipate that Restaurant Brands International will post $1.53 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 4th. Investors of record on Tuesday, September 6th were issued a dividend of $0.16 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.15. This represents a $0.64 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend was Thursday, September 1st. Restaurant Brands International’s dividend payout ratio is currently 59.26%.

In other news, Director Ali Hedayat purchased 5,000 shares of the stock in a transaction that occurred on Thursday, August 11th. The stock was bought at an average cost of $47.73 per share, for a total transaction of $238,650.00. Following the acquisition, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $954,600. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Motta Roberto Moses Thompson purchased 22,000 shares of the stock in a transaction that occurred on Thursday, September 8th. The shares were purchased at an average price of $46.98 per share, with a total value of $1,033,560.00. Following the completion of the acquisition, the director now directly owns 7,440 shares in the company, valued at $349,531.20. The disclosure for this purchase can be found here. Corporate insiders own 4.20% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. Pacific Global Investment Management CO raised its position in shares of Restaurant Brands International by 2.5% in the second quarter. Pacific Global Investment Management CO now owns 8,326 shares of the company’s stock valued at $346,000 after buying an additional 201 shares during the period. Cubist Systematic Strategies LLC raised its position in shares of Restaurant Brands International by 1.6% in the second quarter. Cubist Systematic Strategies LLC now owns 12,707 shares of the company’s stock valued at $528,000 after buying an additional 205 shares during the period. Commonwealth Equity Services Inc raised its position in shares of Restaurant Brands International by 2.9% in the first quarter. Commonwealth Equity Services Inc now owns 9,212 shares of the company’s stock valued at $358,000 after buying an additional 258 shares during the period. Lombard Odier & Cie Canada Limited Partnership raised its position in shares of Restaurant Brands International by 1.9% in the first quarter. Lombard Odier & Cie Canada Limited Partnership now owns 15,700 shares of the company’s stock valued at $613,000 after buying an additional 300 shares during the period. Finally, Credit Agricole S A raised its position in shares of Restaurant Brands International by 2.4% in the first quarter. Credit Agricole S A now owns 25,331 shares of the company’s stock valued at $983,000 after buying an additional 599 shares during the period. Institutional investors own 73.59% of the company’s stock.

Restaurant Brands International Company Profile

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company operates approximately 19,000 restaurants in over 100 countries and the United States territories. Its Burger King (BK) and Tim Hortons (TH) brands have similar franchised business models. The Company operates through two segments: TH, which includes all operations of its Tim Hortons brand and BK, which includes all operations of its Burger King brand.

5 Day Chart for NYSE:QSR

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