Quest Partners LLC Has $210,000 Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Quest Partners LLC boosted its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 19,737.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,587 shares of the restaurant operator’s stock after acquiring an additional 1,579 shares during the period. Quest Partners LLC’s holdings in Yum! Brands were worth $210,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Manchester Capital Management LLC grew its holdings in Yum! Brands by 165.7% during the 1st quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 116 shares during the period. Ruedi Wealth Management Inc. grew its holdings in shares of Yum! Brands by 79.8% in the 1st quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 83 shares during the period. Redmont Wealth Advisors LLC acquired a new position in shares of Yum! Brands in the 1st quarter valued at $28,000. Crewe Advisors LLC acquired a new position in shares of Yum! Brands in the 1st quarter valued at $28,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Yum! Brands in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analyst Ratings Changes

YUM has been the subject of several research analyst reports. Evercore ISI lowered shares of Yum! Brands from an “outperform” rating to an “inline” rating and decreased their price target for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. TD Cowen reissued a “buy” rating and issued a $156.00 price target on shares of Yum! Brands in a report on Thursday. Morgan Stanley decreased their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a report on Tuesday, July 16th. Stifel Nicolaus reduced 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, The Goldman Sachs Group started coverage on shares of Yum! Brands in a research note on Thursday, June 13th. They issued a “neutral” rating and a $150.00 target price for the company. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $145.00.

Yum! Brands Price Performance

Shares of NYSE:YUM opened at $133.65 on Monday. The company’s 50-day moving average price is $133.02 and its two-hundred day moving average price is $135.75. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20. The stock has a market capitalization of $37.58 billion, a PE ratio of 23.70, a price-to-earnings-growth ratio of 2.04 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. During the same period in the prior year, the firm earned $1.41 EPS. On average, analysts anticipate that Yum! Brands, Inc. will post 5.62 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were issued a $0.67 dividend. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.01%. Yum! Brands’s payout ratio is 47.52%.

Insider Activity

In other news, CEO David W. Gibbs sold 6,961 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $131.02, for a total value of $912,030.22. Following the sale, the chief executive officer now directly owns 162,381 shares of the company’s stock, valued at approximately $21,275,158.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO David W. Gibbs sold 6,961 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $131.02, for a total value of $912,030.22. Following the sale, the chief executive officer now directly owns 162,381 shares of the company’s stock, valued at approximately $21,275,158.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the transaction, the director now directly owns 1,233 shares in the company, valued at $169,414.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 94,624 shares of company stock valued at $12,946,761. 0.31% of the stock is owned by company insiders.

Yum! Brands 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.