Restaurant Brands International Inc. (TSE:QSR) Senior Officer Duncan Stanley Allpress Fulton Sells 27,500 Shares

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$93.73, for a total transaction of C$2,577,575.00.

Restaurant Brands International Stock Performance

Shares of QSR opened at C$94.38 on Friday. The company has a 50-day simple moving average of C$91.04 and a 200-day simple moving average of C$94.51. 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 company has a market capitalization of C$21.43 billion, a PE ratio of 18.93, a P/E/G ratio of 2.22 and a beta of 0.95. 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 business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were issued a $0.785 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.33%. Restaurant Brands International’s dividend payout ratio is presently 62.98%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Argus downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, TD Cowen downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a 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.