Yum! Brands, Inc. (NYSE:YUM) Holdings Lifted by Brookstone Capital Management

Brookstone Capital Management increased its holdings in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,907 shares of the restaurant operator’s stock after buying an additional 150 shares during the quarter. Brookstone Capital Management’s holdings in Yum! Brands were worth $249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Yum! Brands by 322.0% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 7,026 shares of the restaurant operator’s stock valued at $918,000 after buying an additional 5,361 shares in the last quarter. FORVIS Wealth Advisors LLC grew its holdings in shares of Yum! Brands by 6.7% during the fourth quarter. FORVIS Wealth Advisors LLC now owns 7,316 shares of the restaurant operator’s stock valued at $956,000 after buying an additional 460 shares in the last quarter. Horrell Capital Management Inc. grew its holdings in shares of Yum! Brands by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 29,974 shares of the restaurant operator’s stock valued at $3,916,000 after buying an additional 94 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of Yum! Brands by 6.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,287 shares of the restaurant operator’s stock valued at $550,000 after buying an additional 244 shares in the last quarter. Finally, Bruce G. Allen Investments LLC purchased a new position in Yum! Brands in the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 3,756 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The shares were 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 of the company’s stock, valued at approximately $7,406,963.25. The disclosure for this sale can be found here. Insiders sold a total of 20,742 shares of company stock valued at $2,734,628 in the last quarter. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

NYSE YUM opened at $134.79 on Wednesday. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.24. The stock has a market capitalization of $37.92 billion, a PE ratio of 24.11, a P/E/G ratio of 2.13 and a beta of 1.10. The stock has a 50-day simple moving average of $134.20 and a 200 day simple moving average of $128.68.

Yum! Brands (NYSE:YUMGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm posted $1.31 EPS. Yum! Brands’s revenue for the quarter was up .8% on a year-over-year basis. As a group, equities research analysts forecast that Yum! Brands, Inc. will post 5.72 EPS for the current fiscal year.

Yum! Brands Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were issued a $0.67 dividend. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. The ex-dividend date was Tuesday, February 20th. This represents a $2.68 annualized dividend and a yield of 1.99%. Yum! Brands’s dividend payout ratio is 47.94%.

Analyst Ratings Changes

YUM has been the topic of a number of recent research reports. TD Cowen boosted their target price on Yum! Brands from $144.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th. JPMorgan Chase & Co. boosted their target price on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Oppenheimer upgraded Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 target price on the stock in a research note on Friday, January 5th. Royal Bank of Canada lowered 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. Finally, Citigroup boosted their target price on Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $145.00.

Check Out Our Latest Analysis on YUM

Yum! Brands 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.

See Also

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

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