Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) – Research analysts at Oppenheimer lowered their FY2018 EPS estimates for shares of Restaurant Brands International in a report released on Monday. Oppenheimer analyst B. Bittner now forecasts that the restaurant operator will post earnings per share of $2.74 for the year, down from their previous estimate of $2.87. Oppenheimer currently has a “Outperform” rating and a $75.00 target price on the stock.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Monday, February 12th. The restaurant operator reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Restaurant Brands International had a return on equity of 25.57% and a net margin of 12.70%. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The firm’s quarterly revenue was up 11.0% on a year-over-year basis.

A number of other research firms have also recently commented on QSR. Zacks Investment Research upgraded Restaurant Brands International from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Tuesday, December 26th. Royal Bank of Canada upped their price target on Restaurant Brands International from $77.00 to $78.00 and gave the stock an “outperform” rating in a research note on Tuesday. Evercore ISI started coverage on Restaurant Brands International in a research note on Monday, December 11th. They set an “outperform” rating and a $75.00 price target on the stock. Wells Fargo & Co upped their price target on Restaurant Brands International from $60.00 to $68.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th. Finally, BMO Capital Markets restated a “hold” rating on shares of Restaurant Brands International in a research note on Tuesday. Six research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $70.35.

Restaurant Brands International (QSR) traded down $0.29 on Thursday, reaching $57.42. The company had a trading volume of 431,217 shares, compared to its average volume of 1,980,259. Restaurant Brands International has a 12-month low of $53.47 and a 12-month high of $68.89. The firm has a market capitalization of $14,092.51, a PE ratio of 27.38, a PEG ratio of 1.30 and a beta of 1.52. The company has a quick ratio of 3.38, a current ratio of 3.45 and a debt-to-equity ratio of 2.70.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be paid a $0.45 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.21. This represents a $1.80 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Wednesday, March 14th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 33.07%.

In other news, Director Marc Caira sold 49,804 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $65.62, for a total value of $3,268,138.48. Following the sale, the director now directly owns 124,643 shares in the company, valued at $8,179,073.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.05% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in QSR. PNC Financial Services Group Inc. raised its stake in shares of Restaurant Brands International by 28.6% in the second quarter. PNC Financial Services Group Inc. now owns 4,150 shares of the restaurant operator’s stock valued at $260,000 after acquiring an additional 922 shares in the last quarter. Northern Trust Corp raised its stake in shares of Restaurant Brands International by 0.4% in the second quarter. Northern Trust Corp now owns 221,729 shares of the restaurant operator’s stock valued at $13,867,000 after acquiring an additional 777 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Restaurant Brands International by 12.0% in the second quarter. Parametric Portfolio Associates LLC now owns 62,458 shares of the restaurant operator’s stock valued at $3,906,000 after acquiring an additional 6,686 shares in the last quarter. Voya Investment Management LLC raised its stake in shares of Restaurant Brands International by 11.1% in the second quarter. Voya Investment Management LLC now owns 8,474 shares of the restaurant operator’s stock valued at $529,000 after acquiring an additional 848 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Restaurant Brands International in the third quarter valued at $1,233,000. Institutional investors and hedge funds own 77.62% of the company’s stock.

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Restaurant Brands International Company Profile

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.

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