Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Director Sells C$73,111.61 in Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Michele Keusch sold 820 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of C$89.16, for a total transaction of C$73,111.61.

Restaurant Brands International Trading Up 3.0 %

TSE QSR opened at C$94.12 on Friday. The company has a market capitalization of C$21.37 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. Restaurant Brands International Inc. has a 12 month low of C$86.06 and a 12 month high of C$112.12. The company’s fifty day moving average price is C$91.07 and its two-hundred day moving average price is C$94.52.

Restaurant Brands International Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were given 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 3.34%. Restaurant Brands International’s payout ratio is 62.98%.

Analysts Set New Price Targets

QSR has been the topic of a number of analyst reports. TD Cowen lowered 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 report on Thursday, February 13th. Finally, Guggenheim raised 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.