Householder Group Estate & Retirement Specialist LLC lessened its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 68.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,463 shares of the restaurant operator's stock after selling 3,182 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in Yum! Brands were worth $196,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Legacy Financial Advisors Inc. lifted its holdings in Yum! Brands by 2.2% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator's stock worth $458,000 after buying an additional 76 shares during the last quarter. Diversified Trust Co lifted its stake in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator's stock worth $464,000 after purchasing an additional 79 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in Yum! Brands by 7.4% in the third quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator's stock valued at $186,000 after purchasing an additional 92 shares in the last quarter. Occidental Asset Management LLC increased its stake in Yum! Brands by 2.5% in the third quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator's stock valued at $542,000 after purchasing an additional 96 shares during the last quarter. Finally, Graypoint LLC raised its holdings in Yum! Brands by 1.7% during the fourth quarter. Graypoint LLC now owns 5,902 shares of the restaurant operator's stock worth $792,000 after purchasing an additional 97 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of the company's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $135.94, for a total value of $959,600.46. Following the sale, the chief executive officer now owns 149,385 shares of the company's stock, valued at approximately $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 accessible through the SEC website. 0.31% of the stock is owned by insiders.
Yum! Brands Stock Performance
YUM traded down $0.93 during trading on Friday, reaching $125.31. The company's stock had a trading volume of 1,604,917 shares, compared to its average volume of 1,476,485. The company's fifty day moving average price is $133.85 and its 200-day moving average price is $133.60. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $143.20. The company has a market capitalization of $34.97 billion, a price-to-earnings ratio of 23.42, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11.
Yum! Brands (NYSE:YUM - Get Free Report) last posted 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 net margin of 21.13% and a negative return on equity of 18.93%. The business had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.90 billion. During the same quarter last year, the firm earned $1.44 earnings per share. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. Equities analysts predict that Yum! Brands, Inc. will post 5.46 earnings per share for the current year.
Yum! Brands Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Monday, December 2nd. Yum! Brands's dividend payout ratio (DPR) is 50.09%.
Analyst Ratings Changes
YUM has been the topic of a number of recent analyst reports. 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 research report on Tuesday, December 31st. Loop Capital dropped their price objective on Yum! Brands from $143.00 to $140.00 and set a "hold" rating on the stock in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut their target price on Yum! Brands from $147.00 to $145.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Citigroup reissued a "neutral" rating and issued a $141.00 target price (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Finally, Bank of America cut their price target 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. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, Yum! Brands presently has an average rating of "Hold" and a consensus target price of $146.24.
View Our Latest Stock Report on Yum! Brands
Yum! Brands Company Profile
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Free Report)
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.
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