Householder Group Estate & Retirement Specialist LLC decreased its position in shares of Yum! Brands, Inc. (NYSE:YUM – Free Report) by 68.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,463 shares of the restaurant operator’s stock after selling 3,182 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Yum! Brands were worth $196,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Legacy Financial Advisors Inc. lifted its position in Yum! Brands by 2.2% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock worth $458,000 after buying an additional 76 shares in the last quarter. Diversified Trust Co increased its stake in shares of Yum! Brands by 2.4% in the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after acquiring an additional 79 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of Yum! Brands by 7.4% during the third quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock worth $186,000 after acquiring an additional 92 shares in the last quarter. Occidental Asset Management LLC grew its stake in Yum! Brands by 2.5% in the third quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator’s stock valued at $542,000 after purchasing an additional 96 shares in the last quarter. Finally, Graypoint LLC grew its stake in Yum! Brands by 1.7% in the fourth quarter. Graypoint LLC now owns 5,902 shares of the restaurant operator’s stock valued at $792,000 after purchasing an additional 97 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on YUM shares. Argus upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a report on Tuesday, December 31st. Loop Capital lowered their target price on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Citigroup restated a “neutral” rating and set a $141.00 target price (down from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. Bank of America decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Finally, Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $146.24.
Yum! Brands Stock Down 0.7 %
Shares of YUM opened at $125.31 on Friday. The stock’s 50-day moving average price is $134.08 and its 200 day moving average price is $133.63. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $143.20. The firm has a market capitalization of $34.97 billion, a price-to-earnings ratio of 23.42, a P/E/G ratio of 1.96 and a beta of 1.11.
Yum! Brands (NYSE:YUM – Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business’s revenue for the quarter 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. Equities research analysts expect that Yum! Brands, Inc. will post 5.46 EPS for the current year.
Yum! Brands Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend was Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.
Insider Transactions at Yum! Brands
In related news, CEO David W. Gibbs sold 3,815 shares of the firm’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 completion of the transaction, the chief executive officer now owns 149,385 shares in the company, valued at $20,474,708.10. This trade represents a 2.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is owned by insiders.
Yum! Brands Company 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.
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