Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells C$2,577,575.00 in Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of the stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of C$93.73, for a total value of C$2,577,575.00.

Restaurant Brands International Stock Up 0.3 %

QSR stock opened at C$94.38 on Friday. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The stock has a market capitalization of C$21.43 billion, a P/E ratio of 18.93, a P/E/G ratio of 2.22 and a beta of 0.95. The business has a 50-day moving average of C$91.04 and a 200-day moving average of C$94.48. Restaurant Brands International Inc. has a fifty-two week low of C$86.06 and a fifty-two week high of C$112.12.

Restaurant Brands International Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were given a dividend of $0.785 per share. The ex-dividend date was Friday, December 20th. This represents a $3.14 annualized dividend and a dividend yield of 3.33%. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Analyst Ratings Changes

Several equities research analysts have issued reports on QSR shares. TD Cowen downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th. Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, Guggenheim upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations.