Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Director Sells 2,500 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Michele Keusch sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$98.93, for a total transaction of C$247,330.50.

Restaurant Brands International Stock Performance

Shares of TSE QSR traded up C$0.38 during mid-day trading on Wednesday, reaching C$99.31. 442,408 shares of the company’s stock were exchanged, compared to its average volume of 885,495. The firm has a 50-day moving average price of C$92.13 and a two-hundred day moving average price of C$93.17. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The firm has a market capitalization of C$22.55 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a 52 week low of C$83.32 and a 52 week high of C$102.78.

Restaurant Brands International Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, April 4th were given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on QSR shares. TD Cowen downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th. Argus upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 19th.

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.