Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Brighton Jones LLC

Brighton Jones LLC lowered its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 6.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,278 shares of the restaurant operator’s stock after selling 487 shares during the quarter. Brighton Jones LLC’s holdings in Yum! Brands were worth $1,017,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Manchester Capital Management LLC raised its stake in Yum! Brands by 165.7% during the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 116 shares in the last quarter. Ruedi Wealth Management Inc. raised its stake in Yum! Brands by 79.8% during the first quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 83 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in Yum! Brands during the first quarter valued at approximately $28,000. Crewe Advisors LLC bought a new position in shares of Yum! Brands during the first quarter valued at approximately $28,000. Finally, DiNuzzo Private Wealth Inc. grew its holdings 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 valued at $31,000 after purchasing an additional 201 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. TD Cowen lowered Yum! Brands from a “buy” rating to a “hold” rating and lowered their target price for the company from $156.00 to $145.00 in a report on Wednesday, October 16th. Robert W. Baird upped their target price on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Stifel Nicolaus lowered their target price on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Evercore ISI lowered Yum! Brands from an “outperform” rating to an “inline” rating and lowered their target price for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $146.44.

Insider Activity

In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the sale, the chief executive officer now owns 152,634 shares in the company, valued at approximately $20,518,588.62. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,673 shares of company stock worth $13,918,095. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

Shares of NYSE YUM opened at $133.16 on Friday. The stock has a fifty day moving average price of $134.84 and a two-hundred day moving average price of $135.10. The firm has a market cap of $37.44 billion, a P/E ratio of 24.39, a PEG ratio of 2.07 and a beta of 1.08. Yum! Brands, Inc. has a 1 year low of $118.28 and a 1 year high of $143.20.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same period last year, the company posted $1.41 EPS. On average, research analysts predict that Yum! Brands, Inc. will post 5.6 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.01%. Yum! Brands’s dividend payout ratio (DPR) is presently 49.08%.

About Yum! Brands

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.