Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sami Siddiqui Sells 9,929 Shares

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Sami Siddiqui sold 9,929 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of C$97.92, for a total transaction of C$972,247.68.

Restaurant Brands International Trading Down 2.2 %

Shares of Restaurant Brands International stock opened at C$95.82 on Thursday. The stock has a market capitalization of C$21.76 billion, a P/E ratio of 19.22, a P/E/G ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a 52-week low of C$86.06 and a 52-week high of C$112.12. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. The stock’s 50-day simple moving average is C$91.45 and its 200 day simple moving average is C$94.48.

Restaurant Brands International Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were given a $0.785 dividend. This represents a $3.14 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International’s dividend payout ratio (DPR) is currently 62.98%.

Analyst Ratings Changes

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

Restaurant Brands International Company Profile

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.