Yum! Brands, Inc. (NYSE:YUM) insider Tracy L. Skeans sold 4,800 shares of the company’s stock in a transaction dated Wednesday, November 18th. The stock was sold at an average price of $105.00, for a total value of $504,000.00. Following the transaction, the insider now directly owns 3,289 shares of the company’s stock, valued at $345,345. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
NYSE:YUM opened at $104.99 on Friday. Yum! Brands, Inc. has a 12-month low of $54.95 and a 12-month high of $107.62. The stock’s 50 day moving average price is $98.21 and its two-hundred day moving average price is $92.57. The firm has a market capitalization of $31.67 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 2.49 and a beta of 0.93.
Yum! Brands (NYSE:YUM) last posted its earnings results on Thursday, October 29th. The restaurant operator reported $1.01 EPS for the quarter, beating the consensus estimate of $0.79 by $0.22. Yum! Brands had a negative return on equity of 12.42% and a net margin of 18.78%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the business earned $0.80 earnings per share. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities research analysts forecast that Yum! Brands, Inc. will post 3.17 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Wednesday, November 25th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Tuesday, November 24th. Yum! Brands’s payout ratio is 52.96%.
Several research analysts have recently weighed in on YUM shares. UBS Group upped their price objective on Yum! Brands from $108.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their target price on Yum! Brands from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, September 8th. Oppenheimer upped their target price on Yum! Brands from $103.00 to $108.00 and gave the stock an “outperform” rating in a report on Monday, August 17th. Royal Bank of Canada upped their target price on Yum! Brands from $87.00 to $94.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Finally, Credit Suisse Group upped their target price on Yum! Brands from $99.00 to $103.00 and gave the stock a “neutral” rating in a report on Friday, October 30th. Fourteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Yum! Brands currently has an average rating of “Hold” and an average price target of $101.21.
Several institutional investors have recently bought and sold shares of the company. Paces Ferry Wealth Advisors LLC acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $199,000. Jeppson Wealth Management LLC acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $34,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $1,102,000. IHT Wealth Management LLC acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $283,000. Finally, Rehmann Capital Advisory Group acquired a new position in shares of Yum! Brands in the third quarter valued at approximately $719,000. 75.22% of the stock is currently owned by institutional investors.
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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