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 the company’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$92.06, for a total value 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 shares were sold at an average price of C$96.22, for a total value of C$1,069,957.50.

Restaurant Brands International Stock Up 0.3 %

Shares of TSE:QSR opened at C$94.38 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. Restaurant Brands International Inc. has a 52-week low of C$86.06 and a 52-week high of C$112.12. The stock’s fifty day simple moving average is C$91.04 and its 200-day simple moving average is C$94.51. The company has a market capitalization 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.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders 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 annualized dividend and a dividend yield of 3.33%. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Wall Street Analysts Forecast Growth

QSR has been the topic of several research reports. TD Cowen lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th. Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Guggenheim upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

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.