Sean Tresvant Sells 3,000 Shares of Yum! Brands (NYSE:YUM) Stock

Yum! Brands, Inc. (NYSE:YUMGet Free Report) CEO Sean Tresvant sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $154.68, for a total value of $464,040.00. Following the completion of the transaction, the chief executive officer directly owned 3,140 shares in the company, valued at approximately $485,695.20. The trade was a 48.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Yum! Brands Stock Down 1.4%

Shares of YUM opened at $151.90 on Thursday. The business’s 50 day moving average is $156.79 and its two-hundred day moving average is $155.68. Yum! Brands, Inc. has a 52-week low of $137.33 and a 52-week high of $169.39. The firm has a market cap of $41.87 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 1.96 and a beta of 0.61.

Yum! Brands (NYSE:YUMGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Yum! Brands had a negative return on equity of 23.51% and a net margin of 20.48%.The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the business earned $1.30 EPS. The business’s quarterly revenue was up 15.2% on a year-over-year basis. On average, equities analysts expect that Yum! Brands, Inc. will post 6.77 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Wednesday, May 27th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, May 27th. Yum! Brands’s payout ratio is 48.39%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on YUM shares. BMO Capital Markets reiterated a “market perform” rating and issued a $168.00 price target on shares of Yum! Brands in a report on Monday, May 4th. Evercore reiterated an “outperform” rating and issued a $190.00 price target on shares of Yum! Brands in a report on Friday, February 13th. Weiss Ratings downgraded Yum! Brands from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Guggenheim reiterated a “buy” rating and issued a $180.00 price target on shares of Yum! Brands in a report on Thursday, February 12th. Finally, Citigroup boosted their price target on Yum! Brands from $174.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Twelve equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.89.

Get Our Latest Stock Report on Yum! Brands

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Groupama Asset Managment bought a new position in Yum! Brands during the 1st quarter worth $477,000. Vestor Capital LLC bought a new position in Yum! Brands during the 1st quarter worth $78,000. Western Wealth Management LLC bought a new position in Yum! Brands during the 1st quarter worth $201,000. Bank of America Corp DE grew its stake in Yum! Brands by 0.4% during the 1st quarter. Bank of America Corp DE now owns 3,800,842 shares of the restaurant operator’s stock worth $590,955,000 after buying an additional 15,715 shares during the last quarter. Finally, Edgestream Partners L.P. bought a new position in Yum! Brands during the 1st quarter worth $371,000. 82.37% of the stock is currently owned by institutional investors.

Yum! Brands Company Profile

(Get Free Report)

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.

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

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