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 business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of C$89.16, for a total transaction 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 stock was sold at an average price of C$99.98, for a total transaction of C$1,061,111.09.

Restaurant Brands International Price Performance

Shares of TSE QSR traded up C$0.95 during mid-day trading on Tuesday, hitting C$91.97. 1,145,922 shares of the stock were exchanged, compared to its average volume of 667,972. The company has a market cap of C$20.88 billion, a P/E ratio of 18.45, a PEG ratio of 2.22 and a beta of 0.95. The stock’s fifty day simple moving average is C$91.24 and its two-hundred day simple moving average is C$94.62. 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 twelve month low of C$86.06 and a twelve month 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. Investors of record on Friday, January 3rd were issued a $0.785 dividend. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.41%. 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 recently weighed in on QSR. Argus downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Finally, TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th.

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.