Yum! Brands, Inc. (NYSE:YUM) CEO Sells $959,600.46 in Stock

Yum! Brands, Inc. (NYSE:YUM - Get Free Report) CEO David W. Gibbs sold 7,059 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $135.94, for a total value of $959,600.46. Following the completion of the transaction, the chief executive officer now directly owns 149,385 shares in the company, valued at $20,307,396.90. The trade was a 4.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Yum! Brands Price Performance

YUM traded up $0.42 during trading on Monday, hitting $134.01. The stock had a trading volume of 1,443,841 shares, compared to its average volume of 1,950,093. The company has a 50 day moving average price of $134.42 and a 200-day moving average price of $134.54. Yum! Brands, Inc. has a one year low of $123.70 and a one year high of $143.20. The firm has a market cap of $37.40 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 2.25 and a beta of 1.10.

Yum! Brands (NYSE:YUM - Get Free Report) last posted its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts' consensus estimates of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the prior year, the business posted $1.44 EPS. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. As a group, sell-side analysts predict that Yum! Brands, Inc. will post 5.48 EPS for the current fiscal year.

Institutional Trading of Yum! Brands

A number of institutional investors have recently bought and sold shares of the business. Deseret Mutual Benefit Administrators lifted its holdings in Yum! Brands by 3.9% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator's stock valued at $271,000 after buying an additional 76 shares during the period. Legacy Financial Advisors Inc. boosted its position in shares of Yum! Brands by 2.2% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator's stock valued at $458,000 after purchasing an additional 76 shares in the last quarter. Wesbanco Bank Inc. grew its stake in Yum! Brands by 1.9% during the second quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator's stock worth $552,000 after purchasing an additional 78 shares during the period. Diversified Trust Co increased its holdings in Yum! Brands by 2.4% in the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator's stock worth $464,000 after purchasing an additional 79 shares in the last quarter. Finally, Marcum Wealth LLC increased its holdings in Yum! Brands by 3.4% in the second quarter. Marcum Wealth LLC now owns 2,477 shares of the restaurant operator's stock worth $328,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 82.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on YUM shares. JPMorgan Chase & Co. raised their price target on Yum! Brands from $137.00 to $144.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Deutsche Bank Aktiengesellschaft dropped their target price on Yum! Brands from $147.00 to $145.00 and set a "hold" rating on the stock in a report on Wednesday, November 6th. Bank of America dropped their price objective on Yum! Brands from $147.00 to $145.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 22nd. Stifel Nicolaus decreased their target price on shares of Yum! Brands from $135.00 to $130.00 and set a "hold" rating for the company in a research note on Monday, July 22nd. Finally, Loop Capital dropped their price target on shares of Yum! Brands from $143.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $145.94.

Yum! Brands Company Profile

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.