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 that occurred on Friday, March 7th. The shares were sold at an average price of C$98.90, for a total transaction 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 transaction 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 transaction of C$42,646.52.
• On Monday, December 16th, Jonathan Domanko sold 514 shares of Restaurant Brands International stock. The stock was sold at an average price of C$96.67, for a total transaction of C$49,688.38.

Restaurant Brands International Stock Up 3.6 %

Shares of TSE QSR opened at C$100.01 on Monday. 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 firm has a market cap 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. Restaurant Brands International Inc. has a 1 year low of C$86.06 and a 1 year high of C$112.12. The firm’s 50 day moving average price is C$91.19 and its 200 day moving average price is C$94.43.

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 paid a dividend of $0.785 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Analysts Set New Price Targets

A number of analysts recently issued reports on QSR shares. TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th. Argus lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

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.