Yum! Brands, Inc. (NYSE:YUM) CFO David W. Gibbs sold 1,577 shares of Yum! Brands stock in a transaction on Monday, July 15th. The shares were sold at an average price of $111.29, for a total value of $175,504.33. Following the completion of the transaction, the chief financial officer now owns 43,867 shares in the company, valued at approximately $4,881,958.43. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of YUM stock opened at $113.06 on Friday. The company has a market cap of $34.31 billion, a price-to-earnings ratio of 35.67, a P/E/G ratio of 2.39 and a beta of 0.58. Yum! Brands, Inc. has a twelve month low of $77.68 and a twelve month high of $113.37. The stock’s fifty day moving average price is $109.21.
Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The business 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 quarterly revenue was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. As a group, equities analysts expect that Yum! Brands, Inc. will post 3.82 EPS for the current year.
Several brokerages have recently issued reports on YUM. Longbow Research reiterated a “hold” rating on shares of Snap-on in a research note on Monday, July 1st. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of in a research note on Friday, June 28th. Tigress Financial reiterated a “buy” rating on shares of Yum! Brands in a research note on Friday, July 12th. Zacks Investment Research lowered HANNOVER RUECK/S from a “hold” rating to a “sell” rating in a research report on Monday, April 22nd. Finally, Morgan Stanley boosted their price objective on Yum! Brands from $97.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $101.50.
Institutional investors and hedge funds have recently made changes to their positions in the business. Howe & Rusling Inc. acquired a new position in Yum! Brands during the 1st quarter worth about $25,000. Bogart Wealth LLC lifted its holdings in Yum! Brands by 70.0% during the 1st quarter. Bogart Wealth LLC now owns 340 shares of the restaurant operator’s stock worth $33,000 after buying an additional 140 shares during the period. Sontag Advisory LLC acquired a new position in Yum! Brands during the 4th quarter worth about $41,000. Motco lifted its holdings in Yum! Brands by 74.6% during the 1st quarter. Motco now owns 468 shares of the restaurant operator’s stock worth $47,000 after buying an additional 200 shares during the period. Finally, Advisory Alpha LLC acquired a new position in Yum! Brands during the 1st quarter worth about $50,000. 74.85% of the stock is currently owned by hedge funds and other institutional investors.
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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