RWA Wealth Partners LLC Has $341,000 Position in Yum! Brands, Inc. $YUM

RWA Wealth Partners LLC lessened its position in Yum! Brands, Inc. (NYSE:YUM) by 36.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,303 shares of the restaurant operator’s stock after selling 1,307 shares during the period. RWA Wealth Partners LLC’s holdings in Yum! Brands were worth $341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Manchester Capital Management LLC lifted its stake in 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 last quarter. Greykasell Wealth Strategies Inc. bought a new stake in Yum! Brands in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Yum! Brands in the first quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Yum! Brands in the second quarter valued at approximately $29,000. Finally, Private Wealth Asset Management LLC boosted its stake in shares of Yum! Brands by 219.4% during the 2nd quarter. Private Wealth Asset Management LLC now owns 297 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 204 shares during the period. 82.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

YUM has been the topic of a number of research analyst reports. Oppenheimer restated an “outperform” rating on shares of Yum! Brands in a research note on Wednesday, November 5th. TD Cowen upped their price objective on shares of Yum! Brands from $156.00 to $162.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. Morgan Stanley set a $165.00 target price on shares of Yum! Brands in a research note on Tuesday, October 21st. Melius assumed coverage on shares of Yum! Brands in a report on Monday, July 14th. They set a “buy” rating and a $200.00 target price for the company. Finally, Evercore ISI upgraded shares of Yum! Brands from an “in-line” rating to an “outperform” rating and upped their price target for the company from $165.00 to $180.00 in a research note on Wednesday, November 5th. Twelve analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.29.

Yum! Brands Stock Down 0.6%

Shares of Yum! Brands stock opened at $148.20 on Tuesday. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30. The company has a market capitalization of $41.13 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 2.08 and a beta of 0.73. The firm’s 50-day moving average price is $146.51 and its two-hundred day moving average price is $146.26.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, November 4th. The restaurant operator reported $1.58 EPS for the quarter, beating the consensus estimate of $1.46 by $0.12. The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.96 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 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.37 EPS. On average, sell-side analysts expect that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.71 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.84 annualized dividend and a yield of 1.9%. Yum! Brands’s dividend payout ratio is presently 55.36%.

Insider Transactions 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 value of $1,074,964.80. Following the transaction, the chief executive officer owned 102,893 shares in the company, valued at approximately $15,413,371.40. This trade represents a 6.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Scott Mezvinsky sold 1,755 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $148.81, for a total value of $261,161.55. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 32,112 shares of company stock worth $4,760,814. 0.33% of the stock is owned by 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.