Insider Selling: Yum! Brands, Inc. (NYSE:YUM) President Sells 1,578 Shares of Stock

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Yum! Brands, Inc. (NYSE:YUM) President David W. Gibbs sold 1,578 shares of Yum! Brands stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $110.48, for a total value of $174,337.44. Following the sale, the president now directly owns 42,928 shares of the company’s stock, valued at approximately $4,742,685.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of YUM stock opened at $114.10 on Friday. The stock has a 50 day moving average of $116.16 and a 200 day moving average of $107.34. The stock has a market cap of $34.85 billion, a P/E ratio of 35.99, a P/E/G ratio of 2.33 and a beta of 0.51. Yum! Brands, Inc. has a twelve month low of $84.53 and a twelve month high of $119.72.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.06. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Yum! Brands had a negative return on equity of 13.02% and a net margin of 24.29%. Yum! Brands’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period last year, the business earned $0.82 earnings per share. Research analysts anticipate that Yum! Brands, Inc. will post 3.87 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 19th were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.47%. The ex-dividend date was Friday, August 16th. Yum! Brands’s dividend payout ratio is currently 53.00%.

A number of equities research analysts recently commented on YUM shares. BTIG Research lifted their target price on Yum! Brands to $130.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Evercore ISI reaffirmed a “buy” rating and set a $130.00 target price on shares of Yum! Brands in a report on Tuesday, August 13th. Credit Suisse Group started coverage on Yum! Brands in a report on Tuesday, June 25th. They set a “neutral” rating and a $106.00 target price for the company. JPMorgan Chase & Co. lifted their target price on Yum! Brands from $97.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, June 28th. Finally, Longbow Research downgraded Yum! Brands from a “neutral” rating to an “underperform” rating and set a $91.00 target price for the company. in a report on Monday, July 1st. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $110.65.

Hedge funds have recently made changes to their positions in the stock. Boston Financial Mangement LLC increased its position in shares of Yum! Brands by 3.3% in the second quarter. Boston Financial Mangement LLC now owns 3,140 shares of the restaurant operator’s stock valued at $348,000 after buying an additional 100 shares in the last quarter. JNBA Financial Advisors increased its position in shares of Yum! Brands by 21.6% in the second quarter. JNBA Financial Advisors now owns 562 shares of the restaurant operator’s stock valued at $62,000 after buying an additional 100 shares in the last quarter. Rathbone Brothers plc increased its position in shares of Yum! Brands by 4.3% in the second quarter. Rathbone Brothers plc now owns 2,450 shares of the restaurant operator’s stock valued at $271,000 after buying an additional 100 shares in the last quarter. Beck Mack & Oliver LLC increased its position in shares of Yum! Brands by 0.6% in the second quarter. Beck Mack & Oliver LLC now owns 15,957 shares of the restaurant operator’s stock valued at $1,766,000 after buying an additional 100 shares in the last quarter. Finally, Beaumont Financial Partners LLC increased its position in shares of Yum! Brands by 4.1% in the second quarter. Beaumont Financial Partners LLC now owns 2,550 shares of the restaurant operator’s stock valued at $282,000 after buying an additional 101 shares in the last quarter. Institutional investors own 75.27% of the company’s stock.

About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Insider Buying and Selling by Quarter for Yum! Brands (NYSE:YUM)

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