Pure Financial Advisors LLC Increases Position in Yum! Brands, Inc. (NYSE:YUM)

Pure Financial Advisors LLC grew its stake in Yum! Brands, Inc. (NYSE:YUMFree Report) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,259 shares of the restaurant operator’s stock after acquiring an additional 120 shares during the quarter. Pure Financial Advisors LLC’s holdings in Yum! Brands were worth $426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Massmutual Trust Co. FSB ADV grew its stake in Yum! Brands by 35.9% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 572 shares of the restaurant operator’s stock worth $75,000 after buying an additional 151 shares during the last quarter. Anchor Investment Management LLC purchased a new position in Yum! Brands during the 4th quarter worth $162,000. Hudson Bay Capital Management LP purchased a new position in Yum! Brands during the 3rd quarter worth $16,335,000. VisionPoint Advisory Group LLC purchased a new position in Yum! Brands during the 3rd quarter worth $102,000. Finally, B. Riley Wealth Advisors Inc. grew its stake in Yum! Brands by 5.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,846 shares of the restaurant operator’s stock worth $481,000 after buying an additional 184 shares during the last quarter. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Trading Down 0.2 %

NYSE YUM opened at $136.84 on Friday. The stock has a market capitalization of $38.50 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 2.18 and a beta of 1.10. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.24. The stock has a 50-day moving average of $133.31 and a 200 day moving average of $128.37.

Yum! Brands (NYSE:YUMGet Free Report) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. Equities analysts predict that Yum! Brands, Inc. will post 5.73 EPS for the current fiscal year.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Wednesday, February 21st were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, February 20th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.61. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.96%. Yum! Brands’s dividend payout ratio is 47.94%.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 3,756 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $129.21, for a total value of $485,312.76. Following the completion of the transaction, the chief executive officer now directly owns 57,325 shares in the company, valued at $7,406,963.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO David W. Gibbs sold 3,756 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $129.21, for a total value of $485,312.76. Following the completion of the transaction, the chief executive officer now directly owns 57,325 shares in the company, valued at $7,406,963.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David Eric Russell sold 9,919 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the transaction, the vice president now owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The disclosure for this sale can be found here. 0.31% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on YUM shares. Royal Bank of Canada dropped their target price on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a research note on Friday, February 9th. JPMorgan Chase & Co. lifted their price target on Yum! Brands from $130.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Oppenheimer raised Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target for the company in a research report on Friday, January 5th. Guggenheim lifted their price target on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Finally, Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $150.00 to $135.00 in a research report on Thursday, January 11th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and a consensus price target of $144.94.

Check Out Our Latest Analysis on Yum! Brands

Yum! Brands Company Profile

(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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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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