Monument Capital Management Purchases 133 Shares of Yum! Brands, Inc. $YUM

Monument Capital Management increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 10.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,415 shares of the restaurant operator’s stock after purchasing an additional 133 shares during the quarter. Monument Capital Management’s holdings in Yum! Brands were worth $210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC lifted its position in Yum! Brands by 5.6% during the second quarter. Fortitude Family Office LLC now owns 1,277 shares of the restaurant operator’s stock worth $189,000 after purchasing an additional 68 shares during the period. Valmark Advisers Inc. raised its stake in Yum! Brands by 3.7% during the second quarter. Valmark Advisers Inc. now owns 1,915 shares of the restaurant operator’s stock worth $284,000 after acquiring an additional 69 shares in the last quarter. Manchester Capital Management LLC raised its stake in Yum! Brands by 78.0% during the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 71 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Yum! Brands by 7.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the restaurant operator’s stock worth $165,000 after acquiring an additional 71 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in Yum! Brands by 0.8% during the first quarter. Valeo Financial Advisors LLC now owns 9,178 shares of the restaurant operator’s stock worth $1,444,000 after acquiring an additional 72 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Yum! Brands in a research note on Wednesday. Piper Sandler boosted their target price on Yum! Brands from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Guggenheim reissued a “buy” rating and set a $167.00 target price (up previously from $165.00) on shares of Yum! Brands in a research note on Monday, August 4th. Barclays reissued an “overweight” rating and set a $164.00 target price (down previously from $167.00) on shares of Yum! Brands in a research note on Tuesday, August 5th. Finally, Royal Bank Of Canada started coverage on Yum! Brands in a research note on Wednesday. They set a “sector perform” rating and a $165.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $161.48.

Insider Activity

In other Yum! Brands news, COO Tracy L. Skeans sold 12,220 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $148.24, for a total transaction of $1,811,492.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Weir Mirian M. Graddick sold 2,038 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $145.30, for a total transaction of $296,121.40. Following the sale, the director directly owned 1,233 shares of the company’s stock, valued at $179,154.90. This represents a 62.31% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 36,195 shares of company stock worth $5,348,137. 0.33% of the stock is owned by company insiders.

Yum! Brands Price Performance

Yum! Brands stock opened at $141.53 on Friday. The company has a market capitalization of $39.28 billion, a P/E ratio of 27.92, a P/E/G ratio of 2.23 and a beta of 0.72. The business has a 50 day moving average of $147.04 and a 200-day moving average of $146.88. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.94 billion. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.35 EPS. Equities analysts anticipate that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Announces Dividend

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

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.