Insider Selling: Restaurant Brands International Inc. (TSE:QSR) Senior Officer Sells 70,000 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR Senior Officer Jacqueline Friesner sold 70,000 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of C$96.71, for a total value of C$6,769,728.00.

Restaurant Brands International Stock Up 0.0%

Shares of TSE QSR traded up C$0.02 during mid-day trading on Friday, reaching C$97.64. 1,037,013 shares of the company traded hands, compared to its average volume of 877,518. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. The stock has a market cap of C$22.17 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company's fifty day moving average is C$92.27 and its two-hundred day moving average is C$93.27. Restaurant Brands International Inc. has a fifty-two week low of C$83.32 and a fifty-two week high of C$102.78.

Restaurant Brands International Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, April 4th were given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend was Friday, March 21st. Restaurant Brands International's dividend payout ratio is currently 62.98%.

Wall Street Analyst Weigh In

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

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.