Economy

Yum! Brands, Inc. (NYSE:YUM) Announces Quarterly Dividend of $0.30

Yum! Brands, Inc. (NYSE:YUM) Announces Quarterly Dividend of $0.30”

Brands (YUM) in Q3 Earnings?" on October 31, 2017, also Bizjournals.com with their article: "COVER STORY: "Yum CEO: "Ideas lie everywhere, ' and good culture can bring them ..." published on October 26, 2017, Prnewswire.com published: "Restaurants Stocks on Investors" Radar - Sonic, Texas Roadhouse, Wingstop ..." on November 01, 2017. Zacks Investment Research cut Yum! Brands from $74.00 to $78.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 18th. The stock's average target of $80.20 is 7.93% above today's ($74.31) share price. Oppenheimer Holdings, Inc. reaffirmed a "buy" rating and set a $85.00 target price on shares of Yum! Eleven analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Yum! Credit Suisse has "Buy" rating and $7800 target. Brands, Inc. (NYSE:YUM) shares have been recently spotted -4.67% away from the 52-week high, and 25.05% away from the 52-week low mark. The ratio dropped, as 267 investment professionals increased and started new equity positions, while 348 sold and reduced their equity positions in Yum Brands Inc. The firm's 50-day moving average is $89.38 and its 200-day moving average is $85.42. The legal version of this report can be viewed at https://stocknewstimes.com/2017/11/02/yum-brands-inc-declares-quarterly-dividend-of-0-30-yum.html. Also, the number of investment professionals holding Yum Brands Inc in their top 10 equity positions decreased from 10 to 5 for a decrease of 5. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter past year, the firm posted $0.75 earnings per share. Yum! The company's quarterly revenue was down 4.0% compared to the same quarter a year ago. YUM was included in 81 notes of analysts from July 1, 2015. On average, equities research analysts anticipate that Yum Brands Inc. will post $3.70 earnings per share for the current fiscal year. If you are reading this article on another publication, it was illegally copied and reposted in violation of U.S. & worldwide copyright laws.

In related news, CFO David W. Gibbs sold 8,336 shares of Yum! Brands in a research report on Wednesday, August 23rd. The company had a trading volume of 4,066,782 shares. Insiders own 0.65% of the company's stock. Year-to-date, YUM has gained 18.92%, versus a 16.83% rise in the benchmark S&P 500 index during the same period. Brands by 82.4% during the 1st quarter. Matthews International Capital Management Llc, a California-based fund reported 1.32 million shares.#img1#. Morgan Stanley boosted its stake in Yum! Shell Asset Management Co. now owns 118,106 shares of the restaurant operator's stock worth $8,501,000 after acquiring an additional 33,000 shares in the last quarter. Andra AP fonden grew its stake in Yum! Brands during the 2nd quarter worth approximately $104,149,000. Renaissance Technologies LLC boosted its stake in Yum! Brands by 38.8% in the 3rd quarter. Summit Securities Group LLC now owns 12,300 shares of the restaurant operator's stock valued at $905,000 after purchasing an additional 9,245 shares in the last quarter. Oppenheimer maintained Yum! Brands, Inc. Brands by 2.3% in the third quarter. Brands, Inc. (NYSE:YUM) rating on Friday, February 10.

The owner of fast food stores Pizza Hut, KFC and Taco Bell, reported global same-restaurant sales growth of 3% in the quarter, beating market expectations for a rise of 1.7%.

Sales rose 4 percent at KFC's existing locations, rose 3 percent at Taco Bell and rose 1 percent at Pizza Hut.



Like this

loading...
loading...

Latest


02 November 2017
Police officer reportedly shot in Camden
A Camden County police officer is recovering from a gunshot wound after being shot at point blank range Wednesday night. The officer has been taken to Cooper University Hospital and is being treated for non-life-threatening injuries.

02 November 2017
New Sam Adams Beer Too Strong To Be Sold In 12 States
State liquor laws in those states prohibit beers with alcohol content that high from being sold there. About 13,000 bottles will be distributed throughout the USA this year, excluding some states.

02 November 2017
Breaking down LSU vs. Alabama
Bama leads the overall series 51-25-5 so in all likelihood bettors will be backing the Tide on this one. Nobody has to tell LSU's Ed Orgeron how big this Alabama game is, but they will anyway.

02 November 2017
Kidde recalls fire extinguishers that don't extinguish fires
The CPSC said there have been approximately 391 reports of failed or limited activation or nozzle detachment, including the death. The federal government is launching a massive fire extinguisher recall , covering almost 38 million Kidde extinguishers.

02 November 2017
Facebook, Inc. (FB) Releases Quarterly Earnings Results, Beats Expectations By $0.31 EPS
It is positive, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. Cantor Fitzgerald reaffirmed a "buy" rating and set a $190.00 target price on shares of Facebook in a report on Tuesday.

02 November 2017
Gov. Andrew Cuomo on NYC attack: 'We go forward stronger than ever'
The inevitable next attack has lingered in the back of every New Yorker's head since 2001, since 1993, even since 1948, when E.B. Police said they added extra officers, heavy weapons teams and sand trucks as protective blockers along the parade route.

02 November 2017
Tyson Fury eyes fight with Anthony Joshua, seeks Trump's support
But he believes a bout with Joshua would resemble Muhammad Ali's legendary " Rumble in the Jungle " with George Foreman in Kinshasa in 1974.

02 November 2017
'Longmire' actress accuses Jeremy Piven of 'predatory behavior'
Wisdom of the Crowd , in which Piven portrays a tech genius trying to hunt down his daughter's killer, premiered on October 1. Piven won three Emmys and one Golden Globe for his role as ruthless Hollywood agent Ari Gold in " Entourage ".

02 November 2017
State To Let Medical Marijuana Dispensaries Stay Open While Awaiting Licensure
The feedback played a big role in the decision, said Director of LARA's Bureau of Medical Marihuana Regulation Andrew Brisbo. Patients and others had expressed outrage that businesses would be forced to close for months while awaiting a license.

02 November 2017
Further growth for Morrisons
The firm said it was confident it would continue the strong momentum of the year so far, into the key Christmas quarter. Ready to get started? Total sales were up 2.3 per cent.