Yum! Brands, Inc. (NYSE:YUM) CEO David W. Gibbs Sells 7,067 Shares

Yum! Brands, Inc. (NYSE:YUMGet Free Report) CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares in the company, valued at $23,910,900.18. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Yum! Brands Price Performance

Shares of NYSE YUM opened at $137.32 on Wednesday. The business’s 50 day moving average is $133.65 and its two-hundred day moving average is $128.46. Yum! Brands, Inc. has a 1-year low of $115.53 and a 1-year high of $143.24. The stock has a market capitalization of $38.63 billion, a P/E ratio of 24.57, a PEG ratio of 2.15 and a beta of 1.10.

Yum! Brands (NYSE:YUMGet Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm earned $1.31 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. As a group, equities research analysts anticipate that Yum! Brands, Inc. will post 5.73 earnings per share for the current fiscal year.

Yum! Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Tuesday, February 20th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.61. Yum! Brands’s payout ratio is 47.94%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on YUM. Citigroup raised their price target on Yum! Brands from $164.00 to $166.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Stifel Nicolaus restated a “hold” rating and issued a $135.00 price target on shares of Yum! Brands in a research note on Thursday, January 4th. JPMorgan Chase & Co. lifted their target price on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research report on Tuesday. Oppenheimer upgraded Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 target price on the stock in a research report on Friday, January 5th. Finally, Guggenheim lifted their target price on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $145.00.

View Our Latest Analysis on Yum! Brands

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of YUM. Naples Money Management LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $26,000. Bfsg LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $26,000. Fortitude Family Office LLC purchased a new stake in Yum! Brands during the fourth quarter worth $27,000. Bruce G. Allen Investments LLC purchased a new stake in Yum! Brands during the fourth quarter worth $34,000. Finally, Rise Advisors LLC lifted its holdings in Yum! Brands by 1,190.5% during the third quarter. Rise Advisors LLC now owns 271 shares of the restaurant operator’s stock worth $34,000 after buying an additional 250 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

Yum! Brands Company Profile

(Get Free Report)

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.

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

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