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 Restaurant Brands International stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$92.06, for a total transaction 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 stock was sold at an average price of C$96.22, for a total transaction of C$1,069,957.50.

Restaurant Brands International Stock Up 3.0 %

Shares of QSR stock traded up C$2.72 on Thursday, hitting C$94.12. The company’s stock had a trading volume of 1,315,272 shares, compared to its average volume of 698,771. The stock has a market capitalization of C$21.37 billion, a price-to-earnings ratio of 18.88, a P/E/G ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a fifty-two week low of C$86.06 and a fifty-two week high of C$112.12. The firm’s fifty day moving average price is C$91.07 and its 200-day moving average price is C$94.56. 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 business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were given a $0.785 dividend. The ex-dividend date was Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.34%. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Analyst Upgrades and Downgrades

QSR has been the subject of a number of research reports. TD Cowen cut Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th. Guggenheim upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Finally, Argus downgraded 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.