David W. Gibbs Sells 1,531 Shares of Yum! Brands, Inc. (YUM) Stock

Yum! Brands, Inc. (NYSE:YUM) CFO David W. Gibbs sold 1,531 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $100.25, for a total value of $153,482.75. Following the transaction, the chief financial officer now directly owns 43,516 shares in the company, valued at approximately $4,362,479. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Yum! Brands stock opened at $101.30 on Friday. The firm has a market capitalization of $31.00 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.17 and a beta of 0.56. Yum! Brands, Inc. has a fifty-two week low of $77.09 and a fifty-two week high of $104.47.

Yum! Brands (NYSE:YUM) last posted its earnings results on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.02. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. Yum! Brands’s revenue was down 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.90 earnings per share. Equities research analysts forecast that Yum! Brands, Inc. will post 3.81 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 16th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.66%. The ex-dividend date is Wednesday, May 15th. Yum! Brands’s dividend payout ratio (DPR) is 53.00%.

A number of institutional investors have recently bought and sold shares of the business. Lincoln National Corp purchased a new stake in shares of Yum! Brands in the fourth quarter valued at $204,000. Barings LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at $212,000. Janus Henderson Group PLC lifted its position in shares of Yum! Brands by 233.9% in the first quarter. Janus Henderson Group PLC now owns 845,079 shares of the restaurant operator’s stock valued at $84,348,000 after acquiring an additional 591,961 shares in the last quarter. Virtu Financial LLC lifted its position in shares of Yum! Brands by 141.0% in the first quarter. Virtu Financial LLC now owns 13,799 shares of the restaurant operator’s stock valued at $1,377,000 after acquiring an additional 8,073 shares in the last quarter. Finally, Thomasville National Bank lifted its position in shares of Yum! Brands by 14.4% in the fourth quarter. Thomasville National Bank now owns 2,732 shares of the restaurant operator’s stock valued at $251,000 after acquiring an additional 344 shares in the last quarter. 75.09% of the stock is currently owned by institutional investors.

YUM has been the topic of a number of recent analyst reports. Robert W. Baird reaffirmed an “outperform” rating and set a $112.00 price objective on shares of Yum! Brands in a report on Monday, April 29th. JPMorgan Chase & Co. lowered Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 price objective on the stock. in a report on Tuesday, March 19th. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a report on Saturday, February 16th. BTIG Research upped their target price on Yum! Brands to $114.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, BMO Capital Markets upped their target price on Yum! Brands to $100.00 and gave the company a “market perform” rating in a report on Friday, February 8th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $98.17.

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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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