Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $52.06 and last traded at $53.06, with a volume of 66523 shares. The stock had previously closed at $53.79.

A number of brokerages have issued reports on QSR. Wells Fargo & Co reiterated a “market perform” rating and issued a $70.00 price target (up previously from $61.00) on shares of Restaurant Brands International in a research note on Wednesday, July 25th. Scotiabank reiterated a “buy” rating and issued a $70.00 price target on shares of Restaurant Brands International in a research note on Thursday, August 2nd. Morgan Stanley increased their price target on Restaurant Brands International from $69.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, August 2nd. Bank of America increased their price target on Restaurant Brands International from $62.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, August 2nd. Finally, Citigroup increased their price target on Restaurant Brands International from $70.00 to $72.00 and gave the stock a “buy” rating in a research note on Monday, August 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $69.80.

The firm has a market cap of $13.93 billion, a P/E ratio of 25.05, a PEG ratio of 1.60 and a beta of 1.36. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.27 and a current ratio of 1.34.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Wednesday, October 24th. The restaurant operator reported $0.63 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.02). Restaurant Brands International had a net margin of 12.76% and a return on equity of 28.42%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the company earned $0.58 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Equities analysts anticipate that Restaurant Brands International Inc will post 2.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 4th. Shareholders of record on Monday, December 17th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, December 14th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 85.71%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. FIL Ltd boosted its holdings in shares of Restaurant Brands International by 22.2% during the 3rd quarter. FIL Ltd now owns 7,031,186 shares of the restaurant operator’s stock valued at $416,324,000 after purchasing an additional 1,278,277 shares during the last quarter. Capital World Investors boosted its holdings in shares of Restaurant Brands International by 29.0% during the 3rd quarter. Capital World Investors now owns 6,681,995 shares of the restaurant operator’s stock valued at $396,022,000 after purchasing an additional 1,502,799 shares during the last quarter. TD Asset Management Inc. boosted its holdings in shares of Restaurant Brands International by 5.8% during the 3rd quarter. TD Asset Management Inc. now owns 4,239,685 shares of the restaurant operator’s stock valued at $250,863,000 after purchasing an additional 232,606 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Restaurant Brands International by 18.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,008,612 shares of the restaurant operator’s stock valued at $237,631,000 after purchasing an additional 626,032 shares during the last quarter. Finally, Standard Life Aberdeen plc boosted its holdings in shares of Restaurant Brands International by 188.2% during the 3rd quarter. Standard Life Aberdeen plc now owns 3,493,597 shares of the restaurant operator’s stock valued at $207,082,000 after purchasing an additional 2,281,400 shares during the last quarter. 79.23% of the stock is owned by institutional investors and hedge funds.

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Restaurant Brands International Company Profile (NYSE:QSR)

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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