Yum! Brands (NYSE:YUM) CEO Scott Mezvinsky Sells 268 Shares of Stock

Yum! Brands, Inc. (NYSE:YUMGet Free Report) CEO Scott Mezvinsky sold 268 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $153.15, for a total value of $41,044.20. Following the transaction, the chief executive officer directly owned 483 shares in the company, valued at approximately $73,971.45. This trade represents a 35.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Scott Mezvinsky also recently made the following trade(s):

  • On Wednesday, July 1st, Scott Mezvinsky sold 277 shares of Yum! Brands stock. The shares were sold at an average price of $160.42, for a total value of $44,436.34.
  • On Monday, June 1st, Scott Mezvinsky sold 261 shares of Yum! Brands stock. The shares were sold at an average price of $148.14, for a total value of $38,664.54.

Yum! Brands Stock Down 2.9%

Shares of NYSE:YUM opened at $148.90 on Tuesday. Yum! Brands, Inc. has a twelve month low of $137.33 and a twelve month high of $170.14. The stock’s 50 day moving average is $153.81 and its 200-day moving average is $156.66. The firm has a market capitalization of $41.04 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 1.95 and a beta of 0.55.

Yum! Brands (NYSE:YUMGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The restaurant operator reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.04. Yum! Brands had a net margin of 25.42% and a negative return on equity of 24.57%. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter last year, the firm posted $1.44 EPS. Yum! Brands’s revenue was up 12.2% compared to the same quarter last year. Equities research analysts anticipate that Yum! Brands, Inc. will post 6.66 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.00 annualized dividend and a dividend yield of 2.0%. Yum! Brands’s payout ratio is presently 37.74%.

Yum! Brands announced that its board has approved a stock repurchase program on Tuesday, June 16th that allows the company to buyback $4.00 billion in shares. This buyback authorization allows the restaurant operator to repurchase up to 9.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on YUM. BMO Capital Markets reiterated a “market perform” rating and set a $168.00 price target on shares of Yum! Brands in a research note on Monday, May 4th. Wells Fargo & Company raised their target price on Yum! Brands from $160.00 to $165.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Evercore reaffirmed an “outperform” rating on shares of Yum! Brands in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $174.00 price target on shares of Yum! Brands in a report on Friday. Finally, Morgan Stanley raised Yum! Brands from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $180.00 to $185.00 in a research report on Wednesday, June 3rd. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $174.94.

View Our Latest Report on Yum! Brands

Yum! Brands News Roundup

Here are the key news stories impacting Yum! Brands this week:

  • Positive Sentiment: Taco Bell attributed strong digital-sales growth to its loyalty program and plans to introduce a redesigned app in the third quarter. The initiative could improve customer engagement, ordering frequency and sales recovery. Taco Bell credits its loyalty program for digital sales growth
  • Positive Sentiment: Fundsmith’s investment commentary highlighted Yum!’s rapid international expansion as a long-term growth driver, supporting the case for continued unit growth and geographic diversification. Yum! Brands: Rapid Global Expansion Drives Growth
  • Neutral Sentiment: Coverage examined what Yum! Brands could look like without Pizza Hut, raising questions about the strategic and financial implications of a potential separation. The article does not indicate that a transaction has been announced. What does a Pizza Hut-less Yum Brands look like?
  • Neutral Sentiment: CEO Christopher Lee Turner sold 261 shares for approximately $40,000, while CEO Scott Mezvinsky sold 268 shares for about $41,000. Both trades were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as a discretionary bearish signal. SEC insider transaction filing
  • Negative Sentiment: The Taco Bell cyclospora outbreak has reportedly hurt sales and customer traffic, with rising concern about brand damage and the potential impact on Yum!’s financial results. Market anxiety intensified after reports linked the outbreak to additional deaths in Michigan. Sweetgreen drops as Yum falls amid cyclospora concerns

Hedge Funds Weigh In On Yum! Brands

Several hedge funds have recently modified their holdings of the company. Steph & Co. increased its position in shares of Yum! Brands by 107.5% during the first quarter. Steph & Co. now owns 166 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 86 shares during the last quarter. MV Capital Management Inc. purchased a new position in Yum! Brands in the fourth quarter worth $28,000. Manning & Napier Advisors LLC bought a new stake in shares of Yum! Brands during the 1st quarter worth $28,000. Wiser Advisor Group LLC purchased a new position in shares of Yum! Brands in the 3rd quarter worth about $28,000. Finally, State of Wyoming purchased a new position in shares of Yum! Brands in the 1st quarter worth about $30,000. Institutional investors own 82.37% of the company’s stock.

About Yum! Brands

(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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