Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Director Sells 1,966 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Jonathan Domanko sold 1,966 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of C$91.87, for a total transaction of C$180,616.42.

Jonathan Domanko also recently made the following trade(s):

• On Friday, December 20th, Jonathan Domanko sold 446 shares of Restaurant Brands International stock. The shares were sold at an average price of C$95.62, for a total transaction of C$42,646.52.
• On Monday, December 16th, Jonathan Domanko sold 514 shares of Restaurant Brands International stock. The shares were sold at an average price of C$96.67, for a total value of C$49,688.38.

Restaurant Brands International Trading Up 0.3 %

Shares of TSE:QSR opened at C$94.38 on Friday. The stock has a 50 day moving average of C$91.04 and a 200 day moving average of C$94.51. The company has a market cap of C$21.43 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. Restaurant Brands International Inc. has a 12-month low of C$86.06 and a 12-month 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 3.33%. Restaurant Brands International’s payout ratio is 62.98%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on QSR. TD Cowen downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th. Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Finally, Guggenheim upgraded 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.