Yum! Brands, Inc. (NYSE:YUM) Stake Boosted by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,079 shares of the restaurant operator’s stock after buying an additional 1,110 shares during the period. Private Advisor Group LLC’s holdings in Yum! Brands were worth $2,526,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of YUM. Vanguard Group Inc. lifted its position in shares of Yum! Brands by 24.0% in the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock valued at $4,022,648,000 after acquiring an additional 5,607,517 shares in the last quarter. Capital World Investors boosted its position in shares of Yum! Brands by 23.7% in the first quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock worth $2,512,561,000 after buying an additional 3,470,883 shares during the period. Capital International Investors grew its holdings in shares of Yum! Brands by 10.2% during the first quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock valued at $2,033,906,000 after buying an additional 1,362,813 shares in the last quarter. Sustainable Growth Advisers LP raised its position in Yum! Brands by 2.1% during the first quarter. Sustainable Growth Advisers LP now owns 5,939,663 shares of the restaurant operator’s stock valued at $823,534,000 after buying an additional 121,285 shares during the period. Finally, Legal & General Group Plc boosted its position in 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 acquiring an additional 104,328 shares during the period. 82.37% of the stock is owned by hedge funds and other institutional investors.

Yum! Brands Trading Up 1.4 %

NYSE:YUM opened at $134.86 on Tuesday. The firm has a market capitalization of $37.92 billion, a PE ratio of 24.70, a PEG ratio of 2.09 and a beta of 1.08. Yum! Brands, Inc. has a 1 year low of $119.26 and a 1 year high of $143.20. The firm’s fifty day simple moving average is $134.62 and its 200 day simple moving average is $135.02.

Yum! Brands (NYSE:YUM) last posted 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 for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the company posted $1.41 earnings per share. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.59 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 1.99%. Yum! Brands’s dividend payout ratio is 49.08%.

Insider Transactions at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction on 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 sale, the director now directly owns 1,233 shares of the company’s stock, valued at $169,414.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at approximately $169,414.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total value of $974,956.48. Following the sale, the chief executive officer now owns 159,132 shares in the company, valued at approximately $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. 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. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on YUM shares. Stifel Nicolaus dropped their target price on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. Evercore ISI downgraded shares of Yum! Brands from an “outperform” rating to an “inline” rating and cut their target price for the stock from $160.00 to $145.00 in a research report on Tuesday, July 16th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a report on Wednesday, August 7th. Robert W. Baird increased their price objective on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, Morgan Stanley reduced their price objective 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. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $146.44.

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.