Threadgill Financial LLC Has $2.72 Million Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Threadgill Financial LLC increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,776 shares of the restaurant operator’s stock after acquiring an additional 198 shares during the quarter. Yum! Brands comprises 1.8% of Threadgill Financial LLC’s holdings, making the stock its 21st largest holding. Threadgill Financial LLC’s holdings in Yum! Brands were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in YUM. Fortitude Family Office LLC bought a new stake in shares of Yum! Brands during the fourth quarter valued at approximately $27,000. Bruce G. Allen Investments LLC purchased a new position in Yum! Brands in the fourth quarter worth $34,000. Rise Advisors LLC boosted its position in Yum! Brands by 1,190.5% in the third quarter. Rise Advisors LLC now owns 271 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 250 shares during the last quarter. Clear Street Markets LLC lifted its position in shares of Yum! Brands by 28,400.0% during the 4th quarter. Clear Street Markets LLC now owns 285 shares of the restaurant operator’s stock valued at $37,000 after buying an additional 284 shares during the last quarter. Finally, KB Financial Partners LLC purchased a new position in shares of Yum! Brands during the 2nd quarter valued at $41,000. 82.37% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, VP David Eric Russell sold 9,919 shares of Yum! Brands 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 owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the sale, the chief executive officer now directly owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The disclosure for this sale can be found here. Insiders sold a total of 20,742 shares of company stock worth $2,734,628 in the last quarter. 0.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on YUM shares. Barclays dropped their price target on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a research report on Thursday, February 8th. Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $150.00 to $135.00 in a report on Thursday, January 11th. Stifel Nicolaus reissued a “hold” rating and set a $135.00 price objective on shares of Yum! Brands in a report on Thursday, January 4th. Finally, TD Cowen increased their price objective on Yum! Brands from $144.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $145.00.

Yum! Brands Stock Performance

NYSE YUM opened at $137.32 on Thursday. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.24. The stock has a 50 day simple moving average of $134.30 and a two-hundred day simple moving average of $128.74. The stock has a market cap of $38.63 billion, a P/E ratio of 24.57, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.31 EPS. Sell-side analysts predict that Yum! Brands, Inc. will post 5.72 earnings per share for the current year.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Wednesday, February 21st were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date was Tuesday, February 20th. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. Yum! Brands’s dividend payout ratio (DPR) is presently 47.94%.

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.