Sami Siddiqui Sells 9,929 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Sami Siddiqui sold 9,929 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of C$97.92, for a total transaction of C$972,247.68.

Restaurant Brands International Stock Down 2.2 %

TSE:QSR traded down C$2.19 on Wednesday, hitting C$95.82. The stock had a trading volume of 591,653 shares, compared to its average volume of 756,095. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. The business’s fifty day moving average is C$91.41 and its 200 day moving average is C$94.49. 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 market cap of C$21.76 billion, a PE ratio of 19.22, a P/E/G ratio of 2.22 and a beta of 0.95.

Restaurant Brands International Cuts Dividend

The company also recently disclosed 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 of this dividend was Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.28%. Restaurant Brands International’s dividend payout ratio (DPR) is 62.98%.

Analyst Upgrades and Downgrades

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

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.