Yum! Brands (NYSE:YUM) CEO Sells $464,040.00 in Stock

Yum! Brands, Inc. (NYSE:YUM) CEO Sean Tresvant sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $154.68, for a total value of $464,040.00. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Yum! Brands Stock Performance

Shares of YUM stock opened at $149.89 on Friday. The stock’s 50-day moving average is $156.51 and its two-hundred day moving average is $155.69. The firm has a market cap of $41.31 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 1.94 and a beta of 0.61. Yum! Brands, Inc. has a 1 year low of $137.33 and a 1 year high of $169.39.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.11. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.04 billion. Yum! Brands had a negative return on equity of 23.51% and a net margin of 20.48%.The business’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 earnings per share. As a group, research analysts predict that Yum! Brands, Inc. will post 6.77 EPS for the current year.

Yum! Brands Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on YUM. Royal Bank Of Canada reissued a “sector perform” rating and set a $165.00 price target on shares of Yum! Brands in a report on Monday, April 20th. Barclays set a $185.00 price target on Yum! Brands and gave the stock an “overweight” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. raised their price target on Yum! Brands from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft set a $177.00 price target on Yum! Brands in a report on Thursday, April 30th. Finally, Citigroup raised their price target on Yum! Brands from $174.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Twelve analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Yum! Brands has an average rating of “Moderate Buy” and an average target price of $175.89.

Institutional Investors Weigh In On Yum! Brands

A number of hedge funds have recently added to or reduced their stakes in YUM. Norges Bank acquired a new stake in Yum! Brands in the fourth quarter valued at about $706,799,000. Capital International Investors lifted its position in Yum! Brands by 20.0% in the fourth quarter. Capital International Investors now owns 19,419,826 shares of the restaurant operator’s stock valued at $2,938,139,000 after purchasing an additional 3,240,190 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Yum! Brands in the fourth quarter valued at about $272,794,000. Invesco Ltd. lifted its position in Yum! Brands by 42.2% in the fourth quarter. Invesco Ltd. now owns 4,183,964 shares of the restaurant operator’s stock valued at $632,950,000 after purchasing an additional 1,240,777 shares during the period. Finally, Boston Partners acquired a new stake in Yum! Brands in the fourth quarter valued at about $168,604,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Company Profile

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.