Mount Yale Investment Advisors LLC Sells 200 Shares of Yum! Brands, Inc. (NYSE:YUM)

Mount Yale Investment Advisors LLC cut its holdings in Yum! Brands, Inc. (NYSE:YUM) by 7.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,445 shares of the restaurant operator’s stock after selling 200 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Yum! Brands were worth $342,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in YUM. Deseret Mutual Benefit Administrators lifted its holdings in shares of Yum! Brands by 3.9% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after buying an additional 76 shares during the last quarter. Legacy Financial Advisors Inc. raised its stake in Yum! Brands by 2.2% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock valued at $458,000 after purchasing an additional 76 shares during the last quarter. Wesbanco Bank Inc. boosted its holdings in Yum! Brands by 1.9% in the 2nd quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock valued at $552,000 after purchasing an additional 78 shares during the period. Diversified Trust Co boosted its holdings in Yum! Brands by 2.4% in the 3rd quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock valued at $464,000 after purchasing an additional 79 shares during the period. Finally, Choreo LLC grew its position in Yum! Brands by 1.6% in the 1st quarter. Choreo LLC now owns 5,312 shares of the restaurant operator’s stock worth $737,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Stock Down 0.1 %

Yum! Brands stock opened at $133.04 on Monday. Yum! Brands, Inc. has a 12-month low of $118.28 and a 12-month high of $143.20. The stock has a 50-day simple moving average of $134.66 and a 200 day simple moving average of $135.04. The stock has a market capitalization of $37.47 billion, a price-to-earnings ratio of 23.59, a P/E/G ratio of 2.07 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, beating the consensus estimate of $1.33 by $0.02. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the prior year, the firm earned $1.41 earnings per share. As a group, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.6 EPS for the current year.

Yum! Brands Dividend Announcement

The company also recently announced 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 of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.01%. Yum! Brands’s payout ratio is currently 47.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Bank of America reduced their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Stifel Nicolaus decreased their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. TD Cowen lowered Yum! Brands from a “buy” rating to a “hold” rating and cut their target price for the company from $156.00 to $145.00 in a research note on Wednesday, October 16th. Morgan Stanley reduced their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Yum! Brands presently has an average rating of “Hold” and an average target price of $146.44.

Insider Activity

In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the completion of the sale, the chief executive officer now directly owns 68 shares of the company’s stock, valued at approximately $9,326.88. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CEO David W. Gibbs sold 7,069 shares of Yum! Brands stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total transaction of $974,956.48. Following the completion of the sale, the chief executive officer now directly owns 159,132 shares of the company’s stock, valued at $21,947,485.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sabir Sami sold 71,051 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total value of $9,745,355.16. Following the transaction, the chief executive officer now owns 68 shares in the company, valued at approximately $9,326.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,673 shares of company stock valued at $13,918,095 over the last 90 days. 0.31% of the stock is owned by company insiders.

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.