Yum! Brands, Inc. (YUM) Director Purchases $249,897.96 in Stock

Yum! Brands, Inc. (NYSE:YUM) Director Tanya L. Domier purchased 2,652 shares of the stock in a transaction dated Friday, February 8th. The shares were bought at an average price of $94.23 per share, for a total transaction of $249,897.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

YUM stock opened at $93.33 on Thursday. Yum! Brands, Inc. has a 1 year low of $76.32 and a 1 year high of $95.45. The firm has a market capitalization of $29.37 billion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 1.96 and a beta of 0.60.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, February 7th. The restaurant operator reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.57). Yum! Brands had a net margin of 27.11% and a negative return on equity of 14.19%. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the firm posted $0.96 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. Research analysts forecast that Yum! Brands, Inc. will post 3.79 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Investors of record on Thursday, February 14th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, February 13th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.36. Yum! Brands’s payout ratio is presently 45.43%.

Several hedge funds have recently added to or reduced their stakes in the stock. Legacy Financial Advisors Inc. lifted its stake in shares of Yum! Brands by 5.7% in the 4th quarter. Legacy Financial Advisors Inc. now owns 2,174 shares of the restaurant operator’s stock valued at $200,000 after purchasing an additional 117 shares during the last quarter. Stock Yards Bank & Trust Co. lifted its stake in shares of Yum! Brands by 0.6% in the 4th 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 during the last quarter. Park National Corp OH lifted its stake in shares of Yum! Brands by 3.3% in the 4th 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 during the last quarter. Stephens Inc. AR lifted its stake in shares of Yum! Brands by 0.3% in the 4th quarter. Stephens Inc. AR now owns 56,355 shares of the restaurant operator’s stock valued at $5,180,000 after purchasing an additional 154 shares during the last quarter. Finally, JNBA Financial Advisors lifted its stake in shares of 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 purchasing an additional 162 shares during the last quarter. 72.64% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $106.00 price target on the stock in a report on Monday. BMO Capital Markets boosted their price target on shares of Yum! Brands to $100.00 and gave the company a “market perform” rating in a report on Friday, February 8th. Goldman Sachs Group cut shares of Yum! Brands from a “neutral” rating to a “sell” rating and lowered their price target for the company from $83.00 to $76.00 in a report on Friday, January 11th. Finally, Cowen restated a “buy” rating and set a $100.00 price target on shares of Yum! Brands in a report on Sunday, December 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $93.46.

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About Yum! Brands

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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