Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. reduced its holdings in Yum! Brands, Inc. (NYSE:YUM) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,284 shares of the restaurant operator’s stock after selling 176 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Yum! Brands were worth $441,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its stake in Yum! Brands by 3.4% in the second quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after purchasing an additional 104,328 shares during the last quarter. Marshall Wace LLP purchased a new stake in Yum! Brands during the second quarter valued at about $7,645,000. Toronto Dominion Bank grew its position in Yum! Brands by 15.5% during the third quarter. Toronto Dominion Bank now owns 127,446 shares of the restaurant operator’s stock valued at $17,805,000 after acquiring an additional 17,133 shares during the period. DoubleLine ETF Adviser LP purchased a new stake in Yum! Brands during the second quarter valued at about $984,000. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Yum! Brands during the third quarter valued at about $1,262,000. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Stock Performance

Shares of YUM opened at $126.20 on Thursday. The stock has a 50-day moving average price of $133.44 and a 200 day moving average price of $133.60. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $143.20. The company has a market capitalization of $35.22 billion, a P/E ratio of 23.59, a P/E/G ratio of 2.00 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the previous year, the company earned $1.44 EPS. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. As a group, equities research analysts forecast that Yum! Brands, Inc. will post 5.46 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands’s payout ratio is currently 50.09%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on YUM shares. Sanford C. Bernstein downgraded Yum! Brands from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $140.00 to $135.00 in a research report on Wednesday. Argus raised Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a research report on Tuesday, December 31st. Bank of America lowered their price target on 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 reissued a “hold” rating and set a $145.00 price target on shares of Yum! Brands in a research report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Thirteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $144.89.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the sale, the chief executive officer now owns 149,385 shares in the company, valued at $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.31% of the stock is currently owned by insiders.

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.