Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells 27,500 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of the firm’s 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 Price Performance

Shares of QSR stock traded up C$2.72 during trading hours on Thursday, reaching C$94.12. 1,315,272 shares of the company were exchanged, compared to its average volume of 698,771. The company has a market cap of C$21.37 billion, a price-to-earnings ratio of 18.88, a P/E/G ratio of 2.22 and a beta of 0.95. 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’s fifty day moving average is C$91.07 and its two-hundred day moving average is C$94.56. 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 business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were paid a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date was Friday, December 20th. Restaurant Brands International’s payout ratio is currently 62.98%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Guggenheim upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th. Finally, Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th.

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.