Yum! Brands, Inc. (YUM) CFO David W. Gibbs Sells 1,537 Shares

Yum! Brands, Inc. (NYSE:YUM) CFO David W. Gibbs sold 1,537 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $101.49, for a total value of $155,990.13. Following the transaction, the chief financial officer now directly owns 43,516 shares in the company, valued at approximately $4,416,438.84. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of YUM stock traded down $0.38 on Tuesday, reaching $101.26. 15,172 shares of the stock were exchanged, compared to its average volume of 1,422,300. The company has a market cap of $31.12 billion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.09 and a beta of 0.55. Yum! Brands, Inc. has a 1-year low of $77.09 and a 1-year high of $102.16.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, February 7th. The restaurant operator reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.57). The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.57 billion. Yum! Brands had a negative return on equity of 14.19% and a net margin of 27.11%. The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share. As a group, equities analysts forecast that Yum! Brands, Inc. will post 3.81 earnings per share for the current year.

A number of research analysts have weighed in on the company. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. Citigroup reduced their price target on Yum! Brands from $104.00 to $103.00 and set a “neutral” rating on the stock in a research note on Thursday, April 4th. Mizuho lowered Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Wednesday, March 20th. BMO Capital Markets increased their price target on Yum! Brands to $100.00 and gave the stock a “market perform” rating in a research note on Friday, February 8th. Finally, JPMorgan Chase & Co. downgraded Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 price objective for the company. in a report on Tuesday, March 19th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $95.21.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Athena Capital Advisors LLC acquired a new stake in Yum! Brands in the 4th quarter valued at $25,000. Bogart Wealth LLC boosted its position in Yum! Brands by 70.0% in the 1st quarter. Bogart Wealth LLC now owns 340 shares of the restaurant operator’s stock valued at $33,000 after buying an additional 140 shares during the last quarter. Sontag Advisory LLC purchased a new position in Yum! Brands in the 4th quarter valued at about $41,000. JNBA Financial Advisors boosted its position in Yum! Brands by 54.0% in the 4th quarter. JNBA Financial Advisors now owns 462 shares of the restaurant operator’s stock valued at $42,000 after buying an additional 162 shares during the last quarter. Finally, Reilly Financial Advisors LLC boosted its position in Yum! Brands by 71.4% in the 4th quarter. Reilly Financial Advisors LLC now owns 480 shares of the restaurant operator’s stock valued at $44,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 75.01% of the company’s stock.

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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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