Yum! Brands, Inc. (NYSE:YUM) CEO David W. Gibbs Sells 3,815 Shares

Yum! Brands, Inc. (NYSE:YUM) CEO David W. Gibbs sold 3,815 shares of Yum! Brands stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $137.06, for a total transaction of $522,883.90. Following the completion of the transaction, the chief executive officer now directly owns 149,385 shares in the company, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Yum! Brands Stock Up 0.1 %

Shares of NYSE YUM traded up $0.16 during mid-day trading on Tuesday, reaching $135.21. 604,763 shares of the company were exchanged, compared to its average volume of 1,906,522. The stock has a market capitalization of $37.73 billion, a P/E ratio of 25.24, a P/E/G ratio of 2.37 and a beta of 1.10. The company’s 50-day simple moving average is $135.43 and its 200-day simple moving average is $134.49. Yum! Brands, Inc. has a twelve month low of $124.76 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter last year, the business earned $1.44 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. As a group, equities research analysts expect that Yum! Brands, Inc. will post 5.47 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.

Institutional Investors Weigh In On Yum! Brands

Institutional investors have recently modified their holdings of the business. Deseret Mutual Benefit Administrators increased its position in Yum! Brands by 3.9% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after acquiring an additional 76 shares during the period. Legacy Financial Advisors Inc. increased its holdings in shares of Yum! Brands by 2.2% during the second quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock worth $458,000 after purchasing an additional 76 shares during the period. Diversified Trust Co raised its position in shares of Yum! Brands by 2.4% in the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock valued at $464,000 after buying an additional 79 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 82 shares during the period. Finally, Stephens Consulting LLC grew its position in Yum! Brands by 17.4% during the second quarter. Stephens Consulting LLC now owns 587 shares of the restaurant operator’s stock worth $78,000 after buying an additional 87 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. TD Cowen reaffirmed a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. lifted their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Loop Capital reduced their target price on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, Bank of America reduced their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $145.94.

Yum! Brands Company Profile

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.