Yum! Brands, Inc. (NYSE:YUM) CFO David W. Gibbs sold 8,336 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total value of $616,864.00. Following the completion of the transaction, the chief financial officer now directly owns 39,664 shares of the company’s stock, valued at approximately $2,935,136. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Yum! Brands, Inc. (YUM) traded up 0.35% on Friday, reaching $75.62. The company’s stock had a trading volume of 1,230,433 shares. The firm has a 50 day moving average of $74.38 and a 200 day moving average of $69.07. The company has a market cap of $26.09 billion, a PE ratio of 20.07 and a beta of 0.82. Yum! Brands, Inc. has a 52-week low of $59.57 and a 52-week high of $76.62.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 earnings per share. Analysts predict that Yum! Brands, Inc. will post $2.82 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 4th. Stockholders of record on Friday, July 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.59%. Yum! Brands’s dividend payout ratio (DPR) is presently 33.15%.

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Several research firms have commented on YUM. BMO Capital Markets reaffirmed a “market perform” rating and issued a $77.00 price target (up previously from $66.00) on shares of Yum! Brands in a report on Wednesday. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $83.00 price target on shares of Yum! Brands in a report on Friday, August 4th. Barclays PLC reaffirmed an “equal weight” rating and issued a $74.00 price target (up previously from $72.00) on shares of Yum! Brands in a report on Friday, August 4th. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $80.00 price target on shares of Yum! Brands in a report on Tuesday, July 25th. Fifteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $78.64.

Hedge funds and other institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. increased its position in shares of Yum! Brands by 4.9% in the second quarter. D.A. Davidson & CO. now owns 66,677 shares of the restaurant operator’s stock valued at $4,918,000 after buying an additional 3,123 shares during the period. Van ECK Associates Corp increased its position in shares of Yum! Brands by 14.3% in the second quarter. Van ECK Associates Corp now owns 236,954 shares of the restaurant operator’s stock valued at $17,478,000 after buying an additional 29,628 shares during the period. Menta Capital LLC bought a new position in shares of Yum! Brands during the second quarter valued at about $1,129,000. UBS Asset Management Americas Inc. increased its position in shares of Yum! Brands by 2.4% in the second quarter. UBS Asset Management Americas Inc. now owns 1,253,619 shares of the restaurant operator’s stock valued at $92,467,000 after buying an additional 29,414 shares during the period. Finally, Quantitative Investment Management LLC bought a new position in shares of Yum! Brands during the second quarter valued at about $14,132,000. Institutional investors own 73.75% of the company’s stock.

Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Insider Buying and Selling by Quarter for Yum! Brands (NYSE:YUM)

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