Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by Greenleaf Trust

Greenleaf Trust grew its stake in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,101 shares of the restaurant operator’s stock after purchasing an additional 265 shares during the quarter. Greenleaf Trust’s holdings in Yum! Brands were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Naples Money Management LLC acquired a new stake in Yum! Brands during the 4th quarter worth $26,000. Beaumont Financial Advisors LLC purchased a new position in Yum! Brands in the 4th quarter valued at $201,000. Eukles Asset Management increased its stake in Yum! Brands by 0.6% in the 4th quarter. Eukles Asset Management now owns 20,545 shares of the restaurant operator’s stock valued at $2,684,000 after buying an additional 118 shares during the period. AIA Group Ltd raised its position in Yum! Brands by 24.4% during the 4th quarter. AIA Group Ltd now owns 11,865 shares of the restaurant operator’s stock worth $1,550,000 after buying an additional 2,327 shares during the last quarter. Finally, Key Financial Inc lifted its stake in shares of Yum! Brands by 71.1% in the 4th quarter. Key Financial Inc now owns 6,160 shares of the restaurant operator’s stock worth $805,000 after acquiring an additional 2,560 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on YUM. Guggenheim boosted their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Barclays reduced their price target on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a research report on Thursday, February 8th. Wells Fargo & Company cut shares of Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $150.00 to $135.00 in a research note on Thursday, January 11th. Stifel Nicolaus restated a “hold” rating and set a $135.00 price objective on shares of Yum! Brands in a research report on Thursday, January 4th. Finally, Citigroup upped their price objective on Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.00.

Check Out Our Latest Stock Analysis on YUM

Insiders Place Their Bets

In other news, VP David Eric Russell sold 9,919 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $129.63, for a total value of $1,285,799.97. Following the transaction, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, VP David Eric Russell sold 9,919 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 7,067 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The disclosure for this sale can be found here. Insiders sold a total of 24,064 shares of company stock worth $3,228,698 over the last ninety days. 0.31% of the stock is owned by company insiders.

Yum! Brands Stock Up 0.5 %

Shares of YUM opened at $138.50 on Friday. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.24. The company’s fifty day moving average is $137.22 and its two-hundred day moving average is $130.22. The firm has a market cap of $38.99 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 2.19 and a beta of 1.10.

Yum! Brands (NYSE:YUMGet Free Report) last released its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the business earned $1.31 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. As a group, equities research analysts anticipate that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.94%. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. The ex-dividend date was Tuesday, February 20th. Yum! Brands’s payout ratio is 47.94%.

Yum! Brands Profile

(Free Report)

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.

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

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