Los Angeles Capital Management LLC Boosts Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Los Angeles Capital Management LLC raised its holdings in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 5,077.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,130 shares of the restaurant operator's stock after acquiring an additional 178,612 shares during the quarter. Los Angeles Capital Management LLC owned about 0.06% of Yum! Brands worth $25,445,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new position in Yum! Brands during the 1st quarter worth about $28,000. DiNuzzo Private Wealth Inc. increased its stake in Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator's stock worth $31,000 after purchasing an additional 201 shares in the last quarter. Meeder Asset Management Inc. grew its stake in shares of Yum! Brands by 43.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator's stock worth $36,000 after acquiring an additional 82 shares in the last quarter. Kimelman & Baird LLC acquired a new stake in shares of Yum! Brands in the 2nd quarter valued at approximately $37,000. Finally, Iron Horse Wealth Management LLC boosted its holdings in shares of Yum! Brands by 3,088.9% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator's stock valued at $38,000 after buying an additional 278 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Stock Performance

YUM stock traded down $0.59 during mid-day trading on Monday, hitting $136.62. 1,741,216 shares of the company were exchanged, compared to its average volume of 1,948,339. The firm has a market cap of $38.41 billion, a P/E ratio of 25.65, a P/E/G ratio of 2.24 and a beta of 1.10. The firm's 50 day simple moving average is $134.32 and its 200 day simple moving average is $134.72. Yum! Brands, Inc. has a 1-year low of $123.70 and a 1-year high of $143.20.

Yum! Brands (NYSE:YUM - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 earnings per share. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.49 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were given a $0.67 dividend. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a yield of 1.96%. Yum! Brands's payout ratio is 50.09%.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,005 shares of the company's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now directly owns 152,634 shares of the company's stock, valued at $20,518,588.62. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 152,634 shares of the company's stock, valued at $20,518,588.62. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott Catlett sold 8,234 shares of the firm's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the transaction, the insider now directly owns 29,159 shares of the company's stock, valued at $4,017,818.61. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 30,622 shares of company stock worth $4,172,740 in the last quarter. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Loop Capital decreased their target price on Yum! Brands from $143.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Bank of America lowered their target price on Yum! Brands from $147.00 to $145.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 22nd. Robert W. Baird raised their target price on Yum! Brands from $150.00 to $154.00 and gave the company an "outperform" rating in a research report on Wednesday, August 7th. Stifel Nicolaus cut their price target on Yum! Brands from $135.00 to $130.00 and set a "hold" rating for the company in a research note on Monday, July 22nd. Finally, Morgan Stanley dropped their price target 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. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $145.94.

Yum! Brands 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.