Yum! Brands, Inc. (NYSE:YUM) VP Sells $669,029.33 in Stock

Yum! Brands, Inc. (NYSE:YUM) VP David Eric Russell sold 5,801 shares of Yum! Brands stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $115.33, for a total value of $669,029.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of YUM opened at $117.23 on Thursday. Yum! Brands, Inc. has a 52-week low of $83.39 and a 52-week high of $119.72. The business’s 50 day moving average price is $114.03 and its two-hundred day moving average price is $104.34. The firm has a market cap of $35.47 billion, a PE ratio of 36.98, a price-to-earnings-growth ratio of 2.44 and a beta of 0.53.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.06. Yum! Brands had a negative return on equity of 13.02% and a net margin of 24.29%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the previous year, the firm earned $0.82 earnings per share. The company’s revenue was down 4.2% compared to the same quarter last year. As a group, equities research analysts expect that Yum! Brands, Inc. will post 3.87 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Monday, August 19th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, August 16th. This represents a $1.68 annualized dividend and a dividend yield of 1.43%. Yum! Brands’s dividend payout ratio is 53.00%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Financial Mangement LLC increased its holdings in shares of Yum! Brands by 3.3% during the second quarter. Boston Financial Mangement LLC now owns 3,140 shares of the restaurant operator’s stock valued at $348,000 after acquiring an additional 100 shares in the last quarter. JNBA Financial Advisors increased its holdings in shares of Yum! Brands by 21.6% during the second quarter. JNBA Financial Advisors now owns 562 shares of the restaurant operator’s stock valued at $62,000 after acquiring an additional 100 shares in the last quarter. Rathbone Brothers plc increased its holdings in shares of Yum! Brands by 4.3% during the second quarter. Rathbone Brothers plc now owns 2,450 shares of the restaurant operator’s stock valued at $271,000 after acquiring an additional 100 shares in the last quarter. Beck Mack & Oliver LLC increased its holdings in shares of Yum! Brands by 0.6% during the second quarter. Beck Mack & Oliver LLC now owns 15,957 shares of the restaurant operator’s stock valued at $1,766,000 after acquiring an additional 100 shares in the last quarter. Finally, Beaumont Financial Partners LLC grew its holdings in Yum! Brands by 4.1% during the second quarter. Beaumont Financial Partners LLC now owns 2,550 shares of the restaurant operator’s stock worth $282,000 after buying an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 77.31% of the company’s stock.

YUM has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on Yum! Brands from $105.00 to $112.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Goldman Sachs Group initiated coverage on Yum! Brands in a research note on Monday, July 29th. They issued a “neutral” rating and a $115.00 price objective on the stock. Citigroup set a $138.00 price objective on Yum! Brands and gave the stock a “hold” rating in a research note on Monday, August 12th. Robert W. Baird reaffirmed an “outperform” rating and issued a $112.00 price objective on shares of Yum! Brands in a research note on Monday, April 29th. Finally, MKM Partners initiated coverage on Yum! Brands in a research note on Tuesday, August 13th. They issued a “neutral” rating and a $125.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $110.65.

Yum! Brands Company Profile

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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