Yum! Brands, Inc. (NYSE:YUM) Position Increased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC increased its position in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 2.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,643 shares of the restaurant operator’s stock after acquiring an additional 959 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Yum! Brands were worth $5,578,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Yum! Brands by 4.2% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,689 shares of the restaurant operator’s stock valued at $711,000 after acquiring an additional 229 shares during the period. Adviser Investments LLC raised its holdings in shares of Yum! Brands by 13.8% during the third quarter. Adviser Investments LLC now owns 1,710 shares of the restaurant operator’s stock valued at $214,000 after acquiring an additional 207 shares during the period. Handelsbanken Fonder AB raised its holdings in shares of Yum! Brands by 34.6% during the second quarter. Handelsbanken Fonder AB now owns 110,261 shares of the restaurant operator’s stock valued at $15,277,000 after acquiring an additional 28,336 shares during the period. Steward Financial Group LLC acquired a new stake in shares of Yum! Brands during the second quarter valued at approximately $151,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Yum! Brands by 10.1% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 238,262 shares of the restaurant operator’s stock valued at $33,011,000 after acquiring an additional 21,860 shares during the period. Institutional investors and hedge funds own 80.17% of the company’s stock.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 3,792 shares of the stock in a transaction on Friday, December 15th. The shares were sold at an average price of $130.17, for a total value of $493,604.64. Following the completion of the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at approximately $7,461,995.25. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 3,792 shares of the stock in a transaction on Friday, December 15th. The shares were sold at an average price of $130.17, for a total value of $493,604.64. Following the completion of the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at approximately $7,461,995.25. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO David W. Gibbs sold 3,756 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $129.21, for a total transaction of $485,312.76. Following the completion of the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at $7,406,963.25. The disclosure for this sale can be found here. Insiders sold a total of 11,275 shares of company stock valued at $1,455,862 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on YUM shares. Redburn Atlantic reiterated a “neutral” rating and issued a $115.00 price objective on shares of Yum! Brands in a research note on Friday, October 20th. Stifel Nicolaus reiterated a “hold” rating and issued a $135.00 price objective on shares of Yum! Brands in a research note on Thursday, January 4th. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price objective on the stock in a research note on Friday, January 5th. Citigroup upped their price objective on shares of Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Yum! Brands in a research note on Thursday, October 19th. They issued a “hold” rating and a $131.00 price objective on the stock. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $144.75.

Read Our Latest Analysis on YUM

Yum! Brands Trading Down 0.1 %

NYSE YUM opened at $130.27 on Monday. The company has a fifty day simple moving average of $129.14 and a 200 day simple moving average of $127.59. The company has a market cap of $36.52 billion, a P/E ratio of 23.30, a P/E/G ratio of 1.98 and a beta of 1.09. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.24.

Yum! Brands (NYSE:YUMGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.13). The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. Yum! Brands’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company posted $1.31 earnings per share. Equities research analysts forecast that Yum! Brands, Inc. will post 5.73 EPS for the current fiscal year.

Yum! Brands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st will be issued a $0.67 dividend. The ex-dividend date is Tuesday, February 20th. This is an increase from Yum! Brands’s previous quarterly dividend of $0.61. This represents a $2.68 dividend on an annualized basis and a yield of 2.06%. Yum! Brands’s dividend payout ratio is 43.29%.

About Yum! Brands

(Free Report)

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. It 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.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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