Yum! Brands, Inc. $YUM Holdings Decreased by Burney Co.

Burney Co. cut its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 26.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,433 shares of the restaurant operator’s stock after selling 21,229 shares during the quarter. Burney Co.’s holdings in Yum! Brands were worth $9,034,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in YUM. HFM Investment Advisors LLC acquired a new stake in shares of Yum! Brands during the first quarter worth $25,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Yum! Brands during the second quarter worth about $29,000. Financial Gravity Companies Inc. acquired a new stake in Yum! Brands during the second quarter worth about $36,000. Private Wealth Asset Management LLC lifted its holdings in Yum! Brands by 219.4% in the second quarter. Private Wealth Asset Management LLC now owns 297 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 204 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Yum! Brands in the second quarter valued at approximately $42,000. Institutional investors own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on YUM. Citigroup increased their price target on Yum! Brands from $156.00 to $158.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Cowen reaffirmed a “hold” rating on shares of Yum! Brands in a research report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Yum! Brands in a report on Monday, December 15th. TD Cowen upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and upped their price target for the stock from $162.00 to $173.00 in a research report on Monday, November 17th. Finally, Morgan Stanley set a $165.00 price objective on shares of Yum! Brands in a research report on Tuesday, October 21st. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.38.

Insider Activity at Yum! Brands

In other Yum! Brands news, CEO Aaron Powell sold 2,790 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $150.48, for a total transaction of $419,839.20. Following the completion of the transaction, the chief executive officer directly owned 26,650 shares of the company’s stock, valued at approximately $4,010,292. This trade represents a 9.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Scott Mezvinsky sold 1,755 shares of Yum! Brands stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $148.81, for a total value of $261,161.55. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 30,970 shares of company stock valued at $4,624,805. Insiders own 0.33% of the company’s stock.

Yum! Brands Stock Performance

NYSE:YUM opened at $153.31 on Friday. The stock has a market cap of $42.57 billion, a price-to-earnings ratio of 29.88, a PEG ratio of 2.40 and a beta of 0.67. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30. The business has a fifty day moving average of $148.68 and a 200-day moving average of $147.24.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Tuesday, November 4th. The restaurant operator reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.12. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.96 billion. Yum! Brands had a net margin of 17.95% and a negative return on equity of 21.79%. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.37 earnings per share. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Tuesday, December 2nd were issued a $0.71 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $2.84 annualized dividend and a dividend yield of 1.9%. Yum! Brands’s dividend payout ratio (DPR) is 55.36%.

Yum! Brands Profile

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.