Key Points
- CEO Scott Mezvinsky sold 1,755 shares on Nov. 6 at an average price of $148.81 (total $261,161.55) and also sold 273 shares on Nov. 5 and 275 shares on Oct. 1 — a recent insider selling of **2,303 shares** worth about $345,240.
- Q3 results showed an EPS beat ($1.58 vs. $1.46 expected) and revenue of $1.98B (up 8.4% YoY vs. $1.96B expected), though the company reported a negative return on equity of 21.01% despite an 18.11% net margin.
- Analysts hold a consensus rating of "Moderate Buy" with a $166.29 target; the stock trades around $148.84, has a market cap of $41.3B and P/E ~29.4, and pays a quarterly dividend of $0.71 (annual $2.84, yield ~1.9%).
Yum! Brands, Inc. (NYSE:YUM - Get Free Report) CEO Scott Mezvinsky sold 1,755 shares of the business's stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $148.81, for a total value of $261,161.55. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Scott Mezvinsky also recently made the following trade(s):
- On Wednesday, November 5th, Scott Mezvinsky sold 273 shares of Yum! Brands stock. The shares were sold at an average price of $154.27, for a total value of $42,115.71.
- On Wednesday, October 1st, Scott Mezvinsky sold 275 shares of Yum! Brands stock. The stock was sold at an average price of $152.59, for a total value of $41,962.25.
Yum! Brands Stock Performance
NYSE YUM opened at $148.84 on Friday. The business has a fifty day moving average price of $146.49 and a 200 day moving average price of $146.25. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $163.30. The company has a market cap of $41.31 billion, a P/E ratio of 29.36, a P/E/G ratio of 2.08 and a beta of 0.73.
Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Tuesday, November 4th. The restaurant operator reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.12. The company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.96 billion. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The firm's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.37 EPS. As a group, sell-side analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current fiscal year.
Yum! Brands Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a $0.71 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $2.84 dividend on an annualized basis and a yield of 1.9%. Yum! Brands's dividend payout ratio is presently 55.36%.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on Yum! Brands from $150.00 to $155.00 and gave the stock a "market perform" rating in a report on Wednesday. Wells Fargo & Company lowered their price objective on Yum! Brands from $160.00 to $155.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Oppenheimer restated an "outperform" rating on shares of Yum! Brands in a report on Wednesday. Sanford C. Bernstein raised their target price on Yum! Brands from $145.00 to $160.00 and gave the stock a "market perform" rating in a research note on Wednesday. Finally, Evercore ISI raised shares of Yum! Brands from an "in-line" rating to an "outperform" rating and boosted their price target for the company from $165.00 to $180.00 in a research report on Wednesday. Twelve research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $166.29.
Check Out Our Latest Analysis on YUM
Hedge Funds Weigh In On Yum! Brands
A number of hedge funds have recently modified their holdings of the business. Manchester Capital Management LLC raised its holdings in Yum! Brands by 78.0% in the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock valued at $25,000 after buying an additional 71 shares during the period. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Yum! Brands during the first quarter valued at about $25,000. HFM Investment Advisors LLC purchased a new stake in shares of Yum! Brands in the 1st quarter valued at approximately $25,000. Salomon & Ludwin LLC raised its stake in shares of Yum! Brands by 679.2% in the 3rd quarter. Salomon & Ludwin LLC now owns 187 shares of the restaurant operator's stock valued at $28,000 after acquiring an additional 163 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Yum! Brands during the 2nd quarter worth approximately $29,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.
About Yum! Brands
(
Get Free Report)
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.
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