Silver Lake Advisory LLC Makes New Investment in Yum! Brands, Inc. (NYSE:YUM)

Silver Lake Advisory LLC purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,967 shares of the restaurant operator’s stock, valued at approximately $261,000.

Several other institutional investors also recently modified their holdings of YUM. Ruedi Wealth Management Inc. boosted 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 valued at $26,000 after acquiring an additional 83 shares during the last quarter. Manchester Capital Management LLC grew its position in Yum! Brands by 165.7% in the 1st 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 purchased a new stake in Yum! Brands during the 1st quarter valued at $28,000. Crewe Advisors LLC bought a new position in shares of Yum! Brands during the 1st quarter valued at $28,000. Finally, Meeder Asset Management Inc. boosted 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 worth $36,000 after buying an additional 82 shares during the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on YUM. Robert W. Baird upped 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. The Goldman Sachs Group started coverage on shares of Yum! Brands in a report on Thursday, June 13th. They issued a “neutral” rating and a $150.00 price objective on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Morgan Stanley decreased 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, Evercore ISI lowered Yum! Brands from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $160.00 to $145.00 in a research note on Tuesday, July 16th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $145.25.

Yum! Brands Trading Up 1.3 %

NYSE YUM opened at $139.92 on Monday. Yum! Brands, Inc. has a 12 month low of $115.53 and a 12 month high of $143.20. The stock’s 50 day moving average is $133.97 and its 200 day moving average is $135.34. The stock has a market cap of $39.34 billion, a PE ratio of 24.81, a P/E/G ratio of 2.14 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 for the quarter, topping analysts’ consensus estimates of $1.33 by $0.02. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the business earned $1.41 earnings per share. On average, analysts forecast that Yum! Brands, Inc. will post 5.61 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.92%. Yum! Brands’s payout ratio is 47.52%.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 6,961 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $131.02, for a total transaction of $912,030.22. Following the completion of the transaction, the chief executive officer now owns 162,381 shares in the company, valued at approximately $21,275,158.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Yum! Brands news, CEO David W. Gibbs sold 6,961 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $131.02, for a total transaction of $912,030.22. Following the completion of the transaction, the chief executive officer now owns 162,381 shares in the company, valued at $21,275,158.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 transaction of $974,956.48. Following the completion of the sale, the chief executive officer now owns 159,132 shares in the company, valued at $21,947,485.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 101,629 shares of company stock valued at $13,888,443. 0.31% of the stock is currently 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.