JB Capital LLC Buys 101 Shares of Yum! Brands, Inc. $YUM

JB Capital LLC increased its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 6.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,592 shares of the restaurant operator’s stock after acquiring an additional 101 shares during the quarter. JB Capital LLC’s holdings in Yum! Brands were worth $236,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of YUM. Wealth Enhancement Advisory Services LLC lifted its position in shares of Yum! Brands by 151.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 156,690 shares of the restaurant operator’s stock valued at $24,657,000 after purchasing an additional 94,355 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in Yum! Brands in the 1st quarter valued at about $270,000. Sowell Financial Services LLC bought a new position in shares of Yum! Brands during the 1st quarter worth approximately $939,000. Principal Financial Group Inc. boosted its stake in shares of Yum! Brands by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 353,103 shares of the restaurant operator’s stock worth $55,564,000 after buying an additional 6,673 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Yum! Brands by 1.2% in the first quarter. Envestnet Asset Management Inc. now owns 256,961 shares of the restaurant operator’s stock valued at $40,435,000 after acquiring an additional 3,172 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors.

Yum! Brands Stock Performance

Shares of NYSE YUM opened at $141.53 on Friday. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The stock has a market cap of $39.28 billion, a PE ratio of 27.92, a price-to-earnings-growth ratio of 2.23 and a beta of 0.72. The stock has a fifty day moving average of $147.04 and a 200-day moving average of $146.88.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the business earned $1.35 EPS. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, sell-side analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Announces Dividend

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

Insider Activity

In related news, CEO Scott Mezvinsky sold 275 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $152.59, for a total value of $41,962.25. Following the sale, the chief executive officer owned 1,755 shares in the company, valued at approximately $267,795.45. This trade represents a 13.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Weir Mirian M. Graddick sold 2,038 shares of the business’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $145.30, for a total value of $296,121.40. Following the transaction, the director owned 1,233 shares of the company’s stock, valued at approximately $179,154.90. The trade was a 62.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,195 shares of company stock valued at $5,348,137 over the last 90 days. Company insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on YUM. Weiss Ratings reiterated a “buy (b)” rating on shares of Yum! Brands in a report on Wednesday. Sanford C. Bernstein set a $164.00 target price on Yum! Brands in a research note on Tuesday, August 5th. Wells Fargo & Company reduced their price target on shares of 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. Morgan Stanley decreased their price objective on shares of Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Finally, Melius began coverage on shares of Yum! Brands in a research note on Monday, July 14th. They issued a “buy” rating and a $200.00 target price on the stock. Eleven investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $161.48.

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.