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 company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$89.16, for a total value of C$73,111.61.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock opened at C$91.40 on Thursday. The company has a market capitalization of C$20.75 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. The stock’s 50-day simple moving average is C$91.07 and its 200-day simple moving average is C$94.56. Restaurant Brands International Inc. has a 52 week low of C$86.06 and a 52 week high of C$112.12.

Restaurant Brands International Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were paid a $0.785 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.44%. Restaurant Brands International’s payout ratio is 62.98%.

Analyst Upgrades and Downgrades

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