Shares of Restaurant Brands International (NYSE:QSR) rose 3.5% during trading on Monday . The stock traded as high as $43.42 and last traded at $43.17, with a volume of 1,525,247 shares changing hands. The stock had previously closed at $41.72.

A number of equities analysts recently issued reports on QSR shares. Zacks Investment Research upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating and set a $49.00 target price for the company in a research note on Wednesday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Restaurant Brands International in a research note on Wednesday, June 22nd. Oppenheimer Holdings Inc. restated a “hold” rating on shares of Restaurant Brands International in a research note on Saturday, April 30th. Piper Jaffray Cos. restated an “overweight” rating and issued a $46.00 target price on shares of Restaurant Brands International in a research note on Friday, May 27th. Finally, Morgan Stanley lowered Restaurant Brands International from an “overweight” rating to an “equal weight” rating and set a $43.00 target price for the company. in a research note on Friday, April 8th. They noted that the move was a valuation call. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Restaurant Brands International has a consensus rating of “Hold” and a consensus target price of $44.00.

The company’s 50 day moving average price is $41.98 and its 200-day moving average price is $38.47. The firm has a market cap of $10.14 billion and a PE ratio of 58.16.

Restaurant Brands International (NYSE:QSR) last issued its earnings results on Thursday, April 28th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. The firm had revenue of $918.50 million for the quarter, compared to analyst estimates of $931.04 million. During the same quarter in the previous year, the firm posted $0.18 EPS. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, equities analysts predict that Restaurant Brands International will post $1.45 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Monday, May 16th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.14.

In related news, Director Marc Caira sold 100,000 shares of the business’s stock in a transaction on Thursday, May 5th. The shares were sold at an average price of $43.02, for a total transaction of $4,302,000.00. Following the completion of the transaction, the director now owns 121,513 shares in the company, valued at $5,227,489.26. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

A number of large investors recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its stake in shares of Restaurant Brands International by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 5,806,586 shares of the company’s stock worth $216,934,000 after buying an additional 32,486 shares during the period. Bank of Montreal Can boosted its stake in shares of Restaurant Brands International by 10.3% in the fourth quarter. Bank of Montreal Can now owns 5,059,975 shares of the company’s stock worth $189,040,000 after buying an additional 474,532 shares during the last quarter. I.G. Investment Management LTD. boosted its stake in shares of Restaurant Brands International by 15.7% in the fourth quarter. I.G. Investment Management LTD. now owns 1,648,756 shares of the company’s stock worth $61,695,000 after buying an additional 223,848 shares during the last quarter. EdgePoint Investment Group Inc. boosted its stake in shares of Restaurant Brands International by 3.4% in the fourth quarter. EdgePoint Investment Group Inc. now owns 1,203,348 shares of the company’s stock worth $45,005,000 after buying an additional 40,000 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Restaurant Brands International by 1,782.0% in the fourth quarter. Marshall Wace LLP now owns 480,417 shares of the company’s stock worth $17,948,000 after buying an additional 454,890 shares during the last quarter.

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.

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