Sequoia Financial Advisors LLC Has $1.86 Million Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Sequoia Financial Advisors LLC lessened its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,315 shares of the restaurant operator’s stock after selling 265 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Yum! Brands were worth $1,860,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC lifted its holdings in shares of Yum! Brands by 21.1% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 2,540 shares of the restaurant operator’s stock valued at $352,000 after purchasing an additional 443 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Yum! Brands by 12.3% in the first quarter. Brookstone Capital Management now owns 2,141 shares of the restaurant operator’s stock valued at $297,000 after buying an additional 234 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Yum! Brands by 21.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,993 shares of the restaurant operator’s stock worth $5,961,000 after acquiring an additional 7,686 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Yum! Brands by 6.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,618 shares of the restaurant operator’s stock worth $363,000 after acquiring an additional 170 shares during the period. Finally, Kathmere Capital Management LLC raised its holdings in shares of Yum! Brands by 52.0% during the first quarter. Kathmere Capital Management LLC now owns 2,737 shares of the restaurant operator’s stock worth $379,000 after acquiring an additional 936 shares during the period. 82.37% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Sabir Sami sold 71,051 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were 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 represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Sabir Sami sold 71,051 shares of the business’s stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 68 shares in the company, valued at $9,326.88. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the transaction, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. 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 ninety days. 0.31% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on YUM. Deutsche Bank Aktiengesellschaft increased their target price on Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Morgan Stanley cut their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 16th. Stifel Nicolaus decreased their price target on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Bank of America cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Robert W. Baird raised their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Yum! Brands presently has a consensus rating of “Hold” and an average price target of $146.44.

Yum! Brands Stock Performance

Yum! Brands stock opened at $133.16 on Friday. The stock has a 50-day simple moving average of $134.84 and a 200 day simple moving average of $135.10. The stock has a market capitalization of $37.44 billion, a P/E ratio of 24.39, a PEG ratio of 2.07 and a beta of 1.08. Yum! Brands, Inc. has a 52 week low of $118.28 and a 52 week high of $143.20.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, topping the consensus estimate of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the previous year, the company posted $1.41 EPS. Research analysts forecast that Yum! Brands, Inc. will post 5.6 earnings per share for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 2.01%. Yum! Brands’s dividend payout ratio is currently 49.08%.

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.