Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Director Sells 820 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR Director Michele Keusch sold 820 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of C$89.16, for a total value of C$73,111.61.

Restaurant Brands International Stock Performance

Shares of TSE QSR traded up C$0.26 during trading on Friday, reaching C$94.38. 2,067,562 shares of the stock traded hands, compared to its average volume of 732,156. Restaurant Brands International Inc. has a 52-week low of C$86.06 and a 52-week high of C$112.12. 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 company has a 50-day moving average of C$91.04 and a 200-day moving average of C$94.51. The stock has a market capitalization of C$21.43 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95.

Restaurant Brands International Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders 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 dividend yield of 3.33%. Restaurant Brands International's dividend payout ratio is presently 62.98%.

Analysts Set New Price Targets

A number of brokerages have issued reports on QSR. Guggenheim upgraded Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. Argus downgraded Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 13th. Finally, TD Cowen downgraded Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th.

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.