Evergreen Capital Management LLC Purchases 180 Shares of Yum! Brands, Inc. (NYSE:YUM)

Evergreen Capital Management LLC increased its position in Yum! Brands, Inc. (NYSE:YUM) by 7.0% in the 2nd quarter, Holdings Channel reports. The firm owned 2,744 shares of the restaurant operator’s stock after buying an additional 180 shares during the quarter. Evergreen Capital Management LLC’s holdings in Yum! Brands were worth $363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Ruedi Wealth Management Inc. lifted its holdings in shares of Yum! Brands by 79.8% during the 1st quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 83 shares during the period. Manchester Capital Management LLC lifted its stake in Yum! Brands by 165.7% during the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 116 shares during the period. Redmont Wealth Advisors LLC bought a new position in Yum! Brands during the first quarter worth about $28,000. Crewe Advisors LLC bought a new stake in shares of Yum! Brands in the 1st quarter valued at approximately $28,000. Finally, Meeder Asset Management Inc. grew its stake in shares of Yum! Brands by 43.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 82 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Robert W. Baird boosted their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. TD Cowen reiterated a “buy” rating and set a $156.00 target price on shares of Yum! Brands in a research report on Thursday, September 12th. Morgan Stanley reduced their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Finally, Stifel Nicolaus dropped their price objective on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $145.25.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the transaction, the chief executive officer now owns 155,883 shares of the company’s stock, valued at approximately $20,955,351.69. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now owns 155,883 shares in the company, valued at $20,955,351.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $137.92, for a total value of $974,956.48. Following the transaction, the chief executive officer now owns 159,132 shares of the company’s stock, valued at $21,947,485.44. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,629 shares of company stock valued at $13,888,443. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

NYSE YUM opened at $138.07 on Friday. Yum! Brands, Inc. has a 52 week low of $115.53 and a 52 week high of $143.20. The stock has a market capitalization of $38.82 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 2.05 and a beta of 1.08. The stock has a fifty day moving average of $133.52 and a 200-day moving average of $135.38.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.02. The firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same period in the previous year, the business posted $1.41 EPS. Equities research analysts forecast that Yum! Brands, Inc. will post 5.61 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a yield of 1.94%. Yum! Brands’s payout ratio is presently 47.52%.

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.