Key Points
- Yum! Brands CEO Scott Mezvinsky sold 276 shares on Dec. 1 at an average price of $153.17 for $42,274.92, adding to several recent insider sales (including 1,755 shares on Nov. 6 and other tranches in Oct–Nov).
- Yum! reported quarterly earnings of $1.58 EPS versus a $1.46 consensus and revenue of $1.98 billion (up 8.4% year‑over‑year), while showing a net margin of 18.11% and a negative return on equity of 21.01%.
- The company declared a quarterly dividend of $0.71 (annualized $2.84) payable Dec. 12 with an ex‑dividend date of Dec. 2, implying a yield of about 1.9% and a dividend payout ratio of 55.36%.
Yum! Brands, Inc. (NYSE:YUM - Get Free Report) CEO Scott Mezvinsky sold 276 shares of the business's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $153.17, for a total transaction of $42,274.92. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Scott Mezvinsky also recently made the following trade(s):
- On Thursday, November 6th, Scott Mezvinsky sold 1,755 shares of Yum! Brands stock. The stock was sold at an average price of $148.81, for a total value of $261,161.55.
- On Wednesday, November 5th, Scott Mezvinsky sold 273 shares of Yum! Brands stock. The stock was 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 shares were sold at an average price of $152.59, for a total value of $41,962.25.
Yum! Brands Stock Performance
Shares of NYSE:YUM opened at $150.63 on Tuesday. The stock's 50-day simple moving average is $147.72 and its two-hundred day simple moving average is $146.59. The stock has a market capitalization of $41.82 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 2.08 and a beta of 0.73. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30.
Yum! Brands (NYSE:YUM - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The restaurant operator reported $1.58 EPS for the quarter, beating the consensus estimate of $1.46 by $0.12. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the firm earned $1.37 EPS. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, equities analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.
Yum! Brands Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Tuesday, December 2nd will be given a $0.71 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $2.84 annualized dividend and a yield of 1.9%. Yum! Brands's dividend payout ratio (DPR) is presently 55.36%.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Piper Sandler lifted their price target on shares of Yum! Brands from $157.00 to $158.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 5th. Weiss Ratings reissued a "buy (b)" rating on shares of Yum! Brands in a report on Tuesday, November 25th. Citigroup upped their price target on Yum! Brands from $156.00 to $158.00 and gave the stock a "neutral" rating in a research report on Monday, October 20th. Barclays lifted their price objective on Yum! Brands from $163.00 to $175.00 and gave the company an "overweight" rating in a research report on Wednesday, November 5th. Finally, Gordon Haskett raised shares of Yum! Brands to a "hold" rating in a report on Wednesday, November 5th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $167.38.
Check Out Our Latest Analysis on YUM
Hedge Funds Weigh In On Yum! Brands
A number of hedge funds have recently made changes to their positions in YUM. Fortitude Family Office LLC raised its stake in Yum! Brands by 5.6% during the 2nd quarter. Fortitude Family Office LLC now owns 1,277 shares of the restaurant operator's stock valued at $189,000 after purchasing an additional 68 shares during the period. Valmark Advisers Inc. grew its holdings in Yum! Brands by 3.7% during the 2nd quarter. Valmark Advisers Inc. now owns 1,915 shares of the restaurant operator's stock valued at $284,000 after buying an additional 69 shares in the last quarter. Manchester Capital Management LLC raised its position in shares of Yum! Brands by 78.0% during the first 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 last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Yum! Brands by 7.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the restaurant operator's stock worth $165,000 after buying an additional 71 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of Yum! Brands by 2.3% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 3,197 shares of the restaurant operator's stock worth $486,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 82.37% of the company's stock.
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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