Mather Group LLC. Has $260,000 Holdings in Yum! Brands, Inc. (NYSE:YUM)

Mather Group LLC. lessened its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 7.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,861 shares of the restaurant operator’s stock after selling 149 shares during the quarter. Mather Group LLC.’s holdings in Yum! Brands were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of YUM. Norden Group LLC bought a new position in shares of Yum! Brands during the 1st quarter worth approximately $3,415,000. Legal & General Group Plc lifted its position in shares of Yum! Brands by 3.4% during the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock worth $419,123,000 after buying an additional 104,328 shares during the period. Leo Wealth LLC bought a new position in shares of Yum! Brands during the 4th quarter worth approximately $268,000. Marshall Wace LLP bought a new position in shares of Yum! Brands during the 2nd quarter worth approximately $7,645,000. Finally, Syon Capital LLC lifted its position in shares of Yum! Brands by 3.0% during the 4th quarter. Syon Capital LLC now owns 3,342 shares of the restaurant operator’s stock worth $437,000 after buying an additional 96 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Buying and Selling

In related news, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares of the company’s stock, valued at $169,414.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the business’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 transaction, the chief executive officer now directly owns 155,883 shares of the company’s stock, valued at approximately $20,955,351.69. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the transaction, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 101,629 shares of company stock valued at $13,888,443 over the last three months. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

NYSE YUM opened at $134.02 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 fifty day moving average of $135.27 and a 200-day moving average of $135.36. The stock has a market capitalization of $37.68 billion, a P/E ratio of 24.55, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08.

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

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.00%. Yum! Brands’s dividend payout ratio (DPR) is presently 49.08%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on YUM shares. Morgan Stanley cut their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Robert W. Baird lifted their price objective on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Evercore ISI downgraded Yum! Brands from an “outperform” rating to an “inline” rating and cut their price objective for the company from $160.00 to $145.00 in a research report on Tuesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $145.25.

About Yum! Brands

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.