Yum! Brands, Inc. (YUM) CEO Anthony Lowings Sells 2,889 Shares

Yum! Brands, Inc. (NYSE:YUM) CEO Anthony Lowings sold 2,889 shares of Yum! Brands stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $89.93, for a total value of $259,807.77. Following the completion of the transaction, the chief executive officer now owns 36,497 shares in the company, valued at $3,282,175.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Yum! Brands stock opened at $90.70 on Friday. The firm has a market cap of $28.23 billion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 1.86 and a beta of 0.70. Yum! Brands, Inc. has a 52 week low of $75.88 and a 52 week high of $94.13.

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Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Wednesday, October 31st. The restaurant operator reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.21. Yum! Brands had a net margin of 28.81% and a negative return on equity of 17.89%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities research analysts forecast that Yum! Brands, Inc. will post 3.73 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in YUM. Legacy Financial Advisors Inc. lifted its holdings in Yum! Brands by 5.7% in the fourth quarter. Legacy Financial Advisors Inc. now owns 2,174 shares of the restaurant operator’s stock valued at $200,000 after buying an additional 117 shares during the period. Stock Yards Bank & Trust Co. increased its stake in Yum! Brands by 0.6% in the fourth quarter. Stock Yards Bank & Trust Co. now owns 20,202 shares of the restaurant operator’s stock valued at $1,857,000 after purchasing an additional 120 shares in the last quarter. Park National Corp OH increased its stake in Yum! Brands by 3.3% in the fourth quarter. Park National Corp OH now owns 4,677 shares of the restaurant operator’s stock valued at $430,000 after purchasing an additional 151 shares in the last quarter. CENTRAL TRUST Co increased its stake in Yum! Brands by 0.9% in the fourth quarter. CENTRAL TRUST Co now owns 26,707 shares of the restaurant operator’s stock valued at $2,455,000 after purchasing an additional 235 shares in the last quarter. Finally, Moody National Bank Trust Division increased its stake in Yum! Brands by 1.6% in the fourth quarter. Moody National Bank Trust Division now owns 16,260 shares of the restaurant operator’s stock valued at $1,494,000 after purchasing an additional 260 shares in the last quarter. 70.77% of the stock is currently owned by institutional investors.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research note on Monday, November 26th. Gordon Haskett started coverage on Yum! Brands in a research note on Thursday, October 18th. They set a “hold” rating and a $90.00 price target on the stock. BTIG Research lifted their price objective on Yum! Brands from $92.00 to $102.00 and gave the company a “buy” rating in a report on Wednesday, October 10th. Robert W. Baird lifted their price objective on Yum! Brands from $94.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. Finally, Stifel Nicolaus downgraded Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 price objective on the stock. in a report on Tuesday, October 23rd. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $90.71.

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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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