NBC Securities Inc. Sells 250 Shares of Yum! Brands, Inc. (NYSE:YUM)

NBC Securities Inc. decreased its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 19.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,042 shares of the restaurant operator’s stock after selling 250 shares during the period. NBC Securities Inc.’s holdings in Yum! Brands were worth $145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of YUM. Deseret Mutual Benefit Administrators lifted its stake in Yum! Brands by 3.9% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after acquiring an additional 76 shares during the period. Legacy Financial Advisors Inc. boosted its stake in shares of Yum! Brands by 2.2% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock valued at $458,000 after purchasing an additional 76 shares in the last quarter. Wesbanco Bank Inc. increased its position in shares of Yum! Brands by 1.9% during the second quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock valued at $552,000 after buying an additional 78 shares during the period. Diversified Trust Co raised its stake in Yum! Brands by 2.4% in the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after buying an additional 79 shares in the last quarter. Finally, Choreo LLC lifted its holdings in Yum! Brands by 1.6% in the first quarter. Choreo LLC now owns 5,312 shares of the restaurant operator’s stock worth $737,000 after buying an additional 82 shares during the period. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on YUM shares. Deutsche Bank Aktiengesellschaft upped their target price on Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Stifel Nicolaus decreased their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. 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 report on Wednesday, August 7th. Morgan Stanley reduced their target price 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, Evercore ISI cut shares of Yum! Brands from an “outperform” rating to an “inline” rating and lowered their price target for the company from $160.00 to $145.00 in a research report on Tuesday, July 16th. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $144.56.

Yum! Brands Trading Up 0.4 %

Shares of YUM opened at $134.27 on Friday. The company has a market cap of $37.81 billion, a price-to-earnings ratio of 23.81, a P/E/G ratio of 2.06 and a beta of 1.08. The business’s fifty day simple moving average is $135.02 and its two-hundred day simple moving average is $135.17. Yum! Brands, Inc. has a 12 month low of $118.28 and a 12 month high of $143.20.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, beating the consensus estimate 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 company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same period last year, the firm posted $1.41 earnings per share. As a group, research analysts forecast that Yum! Brands, Inc. will post 5.61 EPS for the current year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were given 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 yield of 2.00%. Yum! Brands’s dividend payout ratio (DPR) is 47.52%.

Insider Buying and Selling

In other news, CEO Sabir Sami sold 71,051 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the transaction, the chief executive officer now directly owns 68 shares of the company’s stock, valued at $9,326.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Sabir Sami sold 71,051 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the completion of the sale, the chief executive officer now owns 68 shares of the company’s stock, valued at $9,326.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Scott Catlett sold 8,234 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the completion of the transaction, the insider now directly owns 29,159 shares in the company, valued at approximately $4,017,818.61. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 101,673 shares of company stock worth $13,918,095. 0.31% of the stock is owned by insiders.

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.