Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton reduced its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 21.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 567 shares of the restaurant operator’s stock after selling 159 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Yum! Brands were worth $76,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Safe Harbor Fiduciary LLC purchased a new stake in Yum! Brands during the 3rd quarter worth $29,000. DiNuzzo Private Wealth Inc. lifted its stake in shares of Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 201 shares in the last quarter. Kimelman & Baird LLC purchased a new stake in shares of Yum! Brands in the second quarter worth about $37,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Yum! Brands in the second quarter valued at about $39,000. Finally, Morse Asset Management Inc purchased a new stake in shares of Yum! Brands during the 3rd quarter valued at about $42,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,059 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $135.94, for a total value of $959,600.46. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,307,396.90. This trade represents a 4.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.31% of the stock is owned by company insiders.

Yum! Brands Trading Up 0.7 %

Shares of YUM opened at $124.58 on Wednesday. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $143.20. The firm has a market cap of $34.77 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.37 and a beta of 1.11. The stock has a 50 day moving average of $134.47 and a 200-day moving average of $133.74.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data 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 business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 EPS. On average, sell-side analysts predict that Yum! Brands, Inc. will post 5.47 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

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

Analysts Set New Price Targets

YUM has been the subject of a number of analyst reports. Loop Capital decreased their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Citigroup restated a “neutral” rating and issued a $141.00 target price (down from $153.00) on shares of Yum! Brands in a research note on Friday, January 10th. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, Argus upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 target price for the company in a research note on Tuesday, December 31st. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $146.24.

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.