International Assets Investment Management LLC Has $263,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

International Assets Investment Management LLC reduced its position in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 98.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,973 shares of the restaurant operator's stock after selling 146,247 shares during the period. International Assets Investment Management LLC's holdings in Yum! Brands were worth $263,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in Yum! Brands during the 2nd quarter valued at $712,000. Quest Partners LLC grew its stake in Yum! Brands by 19,737.5% in the second quarter. Quest Partners LLC now owns 1,587 shares of the restaurant operator's stock worth $210,000 after purchasing an additional 1,579 shares in the last quarter. American Century Companies Inc. grew its stake in Yum! Brands by 1.7% in the second quarter. American Century Companies Inc. now owns 71,638 shares of the restaurant operator's stock worth $9,489,000 after purchasing an additional 1,214 shares in the last quarter. Meeder Asset Management Inc. raised its stake in Yum! Brands by 43.6% during the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator's stock valued at $36,000 after buying an additional 82 shares in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in Yum! Brands by 29.3% during the 2nd quarter. Federated Hermes Inc. now owns 47,628 shares of the restaurant operator's stock worth $6,309,000 after buying an additional 10,788 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,059 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $135.94, for a total transaction of $959,600.46. Following the completion of the sale, the chief executive officer now directly owns 149,385 shares of the company's stock, valued at $20,307,396.90. This represents a 4.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 17,879 shares of company stock valued at $2,424,167. Corporate insiders own 0.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Loop Capital lowered their price target on Yum! Brands from $143.00 to $140.00 and set a "hold" rating for the company in a report on Wednesday, November 6th. Citigroup reiterated a "neutral" rating and set a $141.00 target price (down previously from $153.00) on shares of Yum! Brands in a research note on Friday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Yum! Brands from $147.00 to $145.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. JPMorgan Chase & Co. boosted their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. Finally, Argus raised shares of Yum! Brands from a "hold" rating to a "buy" rating and set a $155.00 target price on the stock in a report on Tuesday, December 31st. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Yum! Brands presently has an average rating of "Hold" and a consensus price target of $146.24.

Yum! Brands Stock Down 3.4 %

YUM stock opened at $123.43 on Monday. The company has a 50-day simple moving average of $134.85 and a 200 day simple moving average of $133.86. The company has a market capitalization of $34.45 billion, a P/E ratio of 23.07, a PEG ratio of 2.37 and a beta of 1.11. Yum! Brands, Inc. has a fifty-two week low of $123.19 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts' consensus estimates of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the prior year, the company posted $1.44 earnings per share. The company's revenue was up 6.9% on a year-over-year basis. Equities analysts anticipate that Yum! Brands, Inc. will post 5.47 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Monday, December 2nd. Yum! Brands's dividend payout ratio (DPR) is presently 50.09%.

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.