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

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of the business’s stock in a transaction that occurred 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 Up 0.3 %

Shares of TSE:QSR opened at C$94.38 on Friday. The stock has a market cap of C$21.43 billion, a P/E ratio of 18.93, a P/E/G ratio of 2.22 and a beta of 0.95. The firm has a fifty day moving average price of C$91.04 and a 200 day moving average price of C$94.51. 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 1-year low of C$86.06 and a 1-year high of C$112.12.

Restaurant Brands International Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were given a dividend of $0.785 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a yield of 3.33%. Restaurant Brands International’s payout ratio is currently 62.98%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on QSR shares. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Argus cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, TD Cowen cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note 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.