Czech National Bank Grows Position in Yum! Brands, Inc. (NYSE:YUM)

Czech National Bank increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 6.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,276 shares of the restaurant operator’s stock after buying an additional 3,609 shares during the period. Czech National Bank’s holdings in Yum! Brands were worth $8,002,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in YUM. Vanguard Group Inc. boosted its holdings in Yum! Brands by 24.0% in the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock valued at $4,022,648,000 after purchasing an additional 5,607,517 shares in the last quarter. Capital World Investors boosted its holdings in Yum! Brands by 23.7% in the first quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock valued at $2,512,561,000 after purchasing an additional 3,470,883 shares in the last quarter. Cantillon Capital Management LLC acquired a new position in Yum! Brands in the first quarter valued at approximately $200,668,000. Capital International Investors boosted its holdings in Yum! Brands by 10.2% in 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 purchasing an additional 1,362,813 shares in the last quarter. Finally, TD Asset Management Inc boosted its holdings in Yum! Brands by 36.6% in the first quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock valued at $301,498,000 after purchasing an additional 582,267 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO David W. Gibbs sold 6,961 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $131.02, for a total value 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. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO David W. Gibbs sold 6,961 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $131.02, for a total value 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. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sabir Sami sold 71,051 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total value of $9,745,355.16. Following the completion of the transaction, the chief executive officer now owns 68 shares of the company’s stock, valued at approximately $9,326.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 101,629 shares of company stock worth $13,888,443 over the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Morgan Stanley lowered their price target on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a report on Tuesday, July 16th. TD Cowen reissued a “buy” rating and issued a $156.00 price objective on shares of Yum! Brands in a report on Thursday, September 12th. 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 increased their price objective on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Finally, The Goldman Sachs Group started coverage on Yum! Brands in a report on Thursday, June 13th. They issued a “neutral” rating and a $150.00 price objective for the company. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and a consensus target price of $145.25.

Yum! Brands Stock Performance

NYSE:YUM opened at $133.27 on Friday. The stock has a fifty day moving average price of $135.29 and a two-hundred day moving average price of $135.37. The stock has a market capitalization of $37.53 billion, a price-to-earnings ratio of 23.63, a PEG ratio of 2.09 and a beta of 1.08. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.20.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) 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 quarter in the prior year, the business posted $1.41 earnings per share. On average, analysts predict that Yum! Brands, Inc. will post 5.61 EPS for the current year.

Yum! Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio is currently 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.