CVA Family Office LLC Buys Shares of 395 Yum! Brands, Inc. (NYSE:YUM)

CVA Family Office LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 395 shares of the restaurant operator’s stock, valued at approximately $52,000.

Other hedge funds also recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its stake in shares of Yum! Brands by 22.1% during the fourth quarter. HB Wealth Management LLC now owns 9,584 shares of the restaurant operator’s stock valued at $1,252,000 after purchasing an additional 1,732 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of Yum! Brands during the fourth quarter valued at about $27,000. CFM Wealth Partners LLC raised its stake in shares of Yum! Brands by 13.2% during the fourth quarter. CFM Wealth Partners LLC now owns 7,354 shares of the restaurant operator’s stock valued at $961,000 after purchasing an additional 859 shares in the last quarter. HS Management Partners LLC raised its stake in shares of Yum! Brands by 6.8% during the fourth quarter. HS Management Partners LLC now owns 947,383 shares of the restaurant operator’s stock valued at $123,785,000 after purchasing an additional 59,910 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in shares of Yum! Brands by 8.5% during the fourth quarter. Brookstone Capital Management now owns 1,907 shares of the restaurant operator’s stock valued at $249,000 after purchasing an additional 150 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors.

Insider Activity at Yum! Brands

In related news, VP David Eric Russell sold 9,919 shares of the business’s 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 sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO David W. Gibbs sold 3,756 shares of the business’s 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 sale, the chief executive officer now directly owns 57,325 shares in the company, valued at approximately $7,406,963.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David Eric Russell sold 9,919 shares of the company’s 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 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. In the last quarter, insiders sold 20,742 shares of company stock valued at $2,734,628. 0.31% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on YUM shares. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price objective on the stock in a research note on Friday, January 5th. Barclays cut their price objective on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a research note on Thursday, February 8th. Guggenheim boosted their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Royal Bank of Canada dropped their price target on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a research report on Friday, February 9th. Finally, Wells Fargo & Company cut shares of Yum! Brands from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $150.00 to $135.00 in a research report on Thursday, January 11th. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $145.00.

Yum! Brands Price Performance

NYSE:YUM opened at $137.32 on Thursday. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.24. The stock’s 50-day moving average is $134.30 and its two-hundred day moving average is $128.74. The stock has a market cap of $38.63 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last released its earnings results 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 net margin of 22.57% and a negative return on equity of 17.76%. The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period last year, the firm earned $1.31 EPS. The company’s revenue was up .8% compared to the same quarter last year. On average, equities research analysts anticipate that Yum! Brands, Inc. will post 5.72 earnings per share for the current year.

Yum! Brands Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Wednesday, February 21st were paid a $0.67 dividend. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $2.68 annualized dividend and a dividend yield of 1.95%. Yum! Brands’s payout ratio is presently 47.94%.

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.