Iv Curtis Thomas Benjamin Sells 23,350 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Iv Curtis Thomas Benjamin sold 23,350 shares of the business’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 shares were sold at an average price of C$96.22, for a total value of C$1,069,957.50.

Restaurant Brands International Trading Up 0.3 %

Shares of QSR stock opened at C$94.38 on Friday. The business’s fifty day moving average price is C$91.04 and its 200 day moving average price is C$94.51. Restaurant Brands International Inc. has a 1-year low of C$86.06 and a 1-year high of C$112.12. The firm 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. 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 Cuts Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date was Friday, December 20th. Restaurant Brands International’s dividend payout ratio is presently 62.98%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on QSR. Guggenheim raised Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. TD Cowen lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, Argus lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th.

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.