Yum! Brands, Inc. (NYSE:YUM) Director Weir Mirian M. Graddick Sells 2,038 Shares

Key Points

• Director Weir Mirian M. Graddick of Yum! Brands sold 2,038 shares at an average price of $145.30, totaling $296,121.40, which represents a 62.31% decrease in their ownership of the stock.
• Yum! Brands reported earnings per share (EPS) of $1.44, missing analyst estimates by $0.02, with a revenue of $1.93 billion for the quarter.
• Equity analysts have set target prices for Yum! Brands ranging from $155.00 to $200.00, with a consensus price target of $161.23 and an average rating of "Hold."

Yum! Brands, Inc. (NYSE:YUM - Get Free Report) Director Weir Mirian M. Graddick sold 2,038 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $145.30, for a total value of $296,121.40. Following the transaction, the director owned 1,233 shares of the company's stock, valued at $179,154.90. This trade represents a 62.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Yum! Brands Stock Performance

Shares of YUM stock traded up $1.53 during trading on Friday, hitting $148.30. 587,313 shares of the company were exchanged, compared to its average volume of 2,140,109. The firm has a market capitalization of $41.16 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 2.26 and a beta of 0.73. The business's 50-day simple moving average is $145.48 and its 200 day simple moving average is $147.27. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($0.02). The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.94 billion. Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%. The company's revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $1.35 EPS. On average, equities analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on YUM shares. JPMorgan Chase & Co. decreased their target price on Yum! Brands from $162.00 to $160.00 and set an "overweight" rating for the company in a research note on Wednesday, August 6th. TD Securities reissued a "hold" rating and issued a $158.00 target price on shares of Yum! Brands in a report on Wednesday, April 30th. Wells Fargo & Company decreased their price target on Yum! Brands from $160.00 to $155.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Sanford C. Bernstein set a $164.00 target price on Yum! Brands in a research report on Tuesday, August 5th. Finally, Melius initiated coverage on Yum! Brands in a research report on Monday, July 14th. They set a "buy" rating and a $200.00 target price on the stock. Thirteen investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, Yum! Brands has an average rating of "Hold" and a consensus price target of $161.23.

Institutional Investors Weigh In On Yum! Brands

Institutional investors and hedge funds have recently made changes to their positions in the company. Manchester Capital Management LLC lifted its position in Yum! Brands by 78.0% during the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock worth $25,000 after buying an additional 71 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new stake in Yum! Brands during the 1st quarter worth approximately $25,000. HFM Investment Advisors LLC acquired a new position in Yum! Brands during the 1st quarter worth approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new position in Yum! Brands during the 2nd quarter worth approximately $29,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Yum! Brands in the 1st quarter valued at approximately $32,000. Institutional investors and hedge funds own 82.37% of the company's stock.

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.

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