Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells 11,706 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Jill Granat sold 11,706 shares of the business’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 Price Performance

QSR opened at C$91.97 on Wednesday. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. Restaurant Brands International Inc. has a 52-week low of C$86.06 and a 52-week high of C$112.12. The stock has a market capitalization of C$20.88 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The stock’s 50 day moving average price is C$91.15 and its 200-day moving average price is C$94.60.

Restaurant Brands International Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were paid 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 3.41%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 62.98%.

Analyst Ratings Changes

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