Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells C$2,149,680.39 in Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Iv Curtis Thomas Benjamin sold 23,350 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of C$92.06, for a total value of C$2,149,680.39.

Iv Curtis Thomas Benjamin also recently made the following trade(s):

• On Monday, December 16th, Iv Curtis Thomas Benjamin sold 11,120 shares of Restaurant Brands International stock. The stock was sold at an average price of C$96.22, for a total value of C$1,069,957.50.

Restaurant Brands International Price Performance

QSR opened at C$94.38 on Friday. 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 debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The company has a market capitalization of C$21.43 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 2.22 and a beta of 0.95. The firm’s fifty day moving average price is C$91.04 and its two-hundred day moving average price is C$94.48.

Restaurant Brands International Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were issued a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International’s dividend payout ratio (DPR) is presently 62.98%.

Analysts Set New Price Targets

QSR has been the subject of a number of recent research reports. 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. Argus downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a 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.