Robert W. Baird started coverage on shares of Restaurant Brands International (NYSE:QSR) (TSE:QSR) in a research report sent to investors on Friday morning, The Fly reports. The firm issued an outperform rating on the restaurant operator’s stock.

A number of other research analysts also recently issued reports on the stock. ValuEngine upgraded shares of Restaurant Brands International from a sell rating to a hold rating in a research report on Friday. UBS Group set a $74.00 target price on shares of Restaurant Brands International and gave the company a buy rating in a research report on Thursday, September 20th. Citigroup upped their target price on shares of Restaurant Brands International from $70.00 to $72.00 and gave the company a buy rating in a research report on Monday, August 13th. Bank of America upped their target price on shares of Restaurant Brands International from $62.00 to $65.00 and gave the company a neutral rating in a research report on Thursday, August 2nd. Finally, Morgan Stanley upped their target price on shares of Restaurant Brands International from $69.00 to $70.00 and gave the company an overweight rating in a research report on Thursday, August 2nd. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $71.27.

Restaurant Brands International stock opened at $58.98 on Friday. The company has a debt-to-equity ratio of 2.84, a quick ratio of 1.17 and a current ratio of 1.24. Restaurant Brands International has a 1 year low of $53.09 and a 1 year high of $68.89. The stock has a market cap of $14.75 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its earnings results on Wednesday, August 1st. The restaurant operator reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Restaurant Brands International had a net margin of 13.68% and a return on equity of 28.10%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the company posted $0.51 EPS. The company’s revenue was up 18.6% compared to the same quarter last year. analysts forecast that Restaurant Brands International will post 2.68 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 7th will be paid a $0.45 dividend. The ex-dividend date is Thursday, September 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.05%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 85.71%.

Several hedge funds have recently made changes to their positions in the company. HL Financial Services LLC increased its stake in shares of Restaurant Brands International by 6.9% in the 2nd quarter. HL Financial Services LLC now owns 12,475 shares of the restaurant operator’s stock valued at $752,000 after acquiring an additional 800 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in shares of Restaurant Brands International by 45.3% in the 1st quarter. Moneta Group Investment Advisors LLC now owns 2,885 shares of the restaurant operator’s stock valued at $164,000 after acquiring an additional 900 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Restaurant Brands International by 56.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,722 shares of the restaurant operator’s stock valued at $225,000 after acquiring an additional 1,337 shares during the last quarter. Lenox Wealth Advisors LLC bought a new stake in shares of Restaurant Brands International in the 2nd quarter valued at about $103,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of Restaurant Brands International by 20.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 10,054 shares of the restaurant operator’s stock valued at $572,000 after acquiring an additional 1,723 shares during the last quarter. 79.32% of the stock is owned by institutional investors.

About Restaurant Brands International

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.

Featured Article: What does EPS mean?

The Fly

Analyst Recommendations for Restaurant Brands International (NYSE:QSR)

Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.