Restaurant Brands International Inc. (TSE:QSR) Director Jonathan Domanko Sells 2,817 Shares

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Jonathan Domanko sold 2,817 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of C$98.90, for a total value of C$278,601.30.

Jonathan Domanko also recently made the following trade(s):

• On Tuesday, February 25th, Jonathan Domanko sold 1,966 shares of Restaurant Brands International stock. The shares were sold at an average price of C$91.87, for a total value of C$180,616.42.
• On Friday, December 20th, Jonathan Domanko sold 446 shares of Restaurant Brands International stock. The shares were sold at an average price of C$95.62, for a total value of C$42,646.52.
• On Monday, December 16th, Jonathan Domanko sold 514 shares of Restaurant Brands International stock. The shares were sold at an average price of C$96.67, for a total value of C$49,688.38.

Restaurant Brands International Trading Up 3.6 %

Shares of QSR stock opened at C$100.01 on Friday. The business’s 50 day moving average is C$91.19 and its two-hundred day moving average is C$94.47. Restaurant Brands International Inc. has a twelve month low of C$86.06 and a twelve month high of C$112.12. The company has a market capitalization of C$22.71 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65.

Restaurant Brands International Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were paid a $0.785 dividend. The ex-dividend date was Friday, December 20th. This represents a $3.14 annualized dividend and a dividend yield of 3.14%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 62.98%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on QSR shares. TD Cowen lowered 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 research note on Friday, January 24th. Finally, Argus downgraded Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

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.