AustralianSuper Pty Ltd Has $274,000 Position in Yum! Brands, Inc. $YUM

AustralianSuper Pty Ltd lowered its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 66.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,846 shares of the restaurant operator’s stock after selling 3,609 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Yum! Brands were worth $274,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Manchester Capital Management LLC grew its position in shares of Yum! Brands by 78.0% in the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock valued at $25,000 after purchasing an additional 71 shares during the period. Greykasell Wealth Strategies Inc. acquired a new position in shares of Yum! Brands in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC acquired a new position in shares of Yum! Brands in the first quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Yum! Brands in the second quarter valued at approximately $29,000. Finally, Wayfinding Financial LLC acquired a new position in Yum! Brands in the 1st quarter worth $32,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Shares of NYSE:YUM opened at $141.17 on Wednesday. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The company has a market capitalization of $39.18 billion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 2.14 and a beta of 0.72. The company has a 50-day simple moving average of $147.00 and a 200 day simple moving average of $146.25.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the business earned $1.35 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.84 annualized dividend and a yield of 2.0%. Yum! Brands’s dividend payout ratio (DPR) is currently 56.02%.

Insider Activity at Yum! Brands

In other news, CEO David W. Gibbs sold 7,176 shares of Yum! Brands stock in a transaction on Monday, September 15th. The stock was sold at an average price of $149.80, for a total transaction of $1,074,964.80. Following the completion of the sale, the chief executive officer owned 102,893 shares of the company’s stock, valued at approximately $15,413,371.40. This trade represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Tracy L. Skeans sold 12,220 shares of Yum! Brands stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $148.24, for a total transaction of $1,811,492.80. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 29,078 shares of company stock worth $4,304,785. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on YUM. Sanford C. Bernstein set a $164.00 price objective on Yum! Brands in a research report on Tuesday, August 5th. Wells Fargo & Company reduced their price target on Yum! Brands from $160.00 to $155.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. Barclays reduced their price target on Yum! Brands from $164.00 to $163.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. Guggenheim reduced their target price on shares of Yum! Brands from $167.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Citigroup increased their target price on shares of Yum! Brands from $156.00 to $158.00 and gave the stock a “neutral” rating in a report on Monday, October 20th. Eleven investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.82.

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.