Jill Granat Sells 11,706 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Jill Granat sold 11,706 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$89.16, for a total value of C$1,043,712.81.

Jill Granat also recently made the following trade(s):

• On Monday, December 9th, Jill Granat sold 10,613 shares of Restaurant Brands International stock. The shares were sold at an average price of C$99.98, for a total value of C$1,061,111.09.

Restaurant Brands International Stock Performance

TSE:QSR opened at C$91.40 on Thursday. The stock has a 50 day simple moving average of C$91.07 and a 200 day simple moving average of C$94.56. The stock has a market cap of C$20.75 billion, a P/E ratio of 18.33, a PEG ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a 1-year low of C$86.06 and a 1-year high of C$112.12. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65.

Restaurant Brands International Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were issued a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Analyst Upgrades and Downgrades

A number of research firms have commented on QSR. Guggenheim raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Argus downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, TD Cowen cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th.

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.