Czech National Bank Raises Holdings in Yum! Brands, Inc. (NYSE:YUM)

Czech National Bank lifted its holdings in Yum! Brands, Inc. (NYSE:YUMFree Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,509 shares of the restaurant operator’s stock after purchasing an additional 3,233 shares during the quarter. Czech National Bank’s holdings in Yum! Brands were worth $8,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Safe Harbor Fiduciary LLC bought a new stake in Yum! Brands in the 3rd quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. boosted its stake in shares of Yum! Brands by 957.1% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after buying an additional 201 shares during the last quarter. Kimelman & Baird LLC bought a new stake in shares of Yum! Brands in the second quarter worth $37,000. Strategic Investment Solutions Inc. IL purchased a new stake in Yum! Brands during the second quarter valued at $39,000. Finally, Morse Asset Management Inc bought a new position in Yum! Brands in the third quarter valued at about $42,000. 82.37% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on YUM shares. Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Oppenheimer increased their price target on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Bank of America cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. TD Cowen reaffirmed a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th. Finally, Citigroup reissued a “neutral” rating and set a $141.00 price target (down previously from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $146.24.

Read Our Latest Stock Analysis on Yum! Brands

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 3,815 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the transaction, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 0.7 %

Shares of YUM stock opened at $124.58 on Wednesday. The company’s fifty day simple moving average is $134.47 and its two-hundred day simple moving average is $133.74. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $143.20. The stock has a market cap of $34.77 billion, a P/E ratio of 23.29, a PEG ratio of 2.37 and a beta of 1.11.

Yum! Brands (NYSE:YUMGet Free Report) last posted its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. Yum! Brands’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 earnings per share. On average, analysts anticipate that Yum! Brands, Inc. will post 5.47 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.15%. Yum! Brands’s payout ratio is currently 50.09%.

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

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

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