Monument Capital Management Has $213,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Monument Capital Management reduced its stake in Yum! Brands, Inc. (NYSE:YUM) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,630 shares of the restaurant operator’s stock after selling 200 shares during the quarter. Monument Capital Management’s holdings in Yum! Brands were worth $213,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YUM. CWM LLC lifted its stake in shares of Yum! Brands by 5.3% in the third quarter. CWM LLC now owns 6,931 shares of the restaurant operator’s stock worth $866,000 after acquiring an additional 349 shares during the period. IFP Advisors Inc increased its holdings in Yum! Brands by 27.8% in the third quarter. IFP Advisors Inc now owns 4,028 shares of the restaurant operator’s stock worth $503,000 after purchasing an additional 877 shares in the last quarter. Ritholtz Wealth Management increased its holdings in Yum! Brands by 11.4% in the third quarter. Ritholtz Wealth Management now owns 4,279 shares of the restaurant operator’s stock worth $535,000 after purchasing an additional 438 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Yum! Brands by 21.3% in the third quarter. Global Retirement Partners LLC now owns 553 shares of the restaurant operator’s stock worth $68,000 after purchasing an additional 97 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Yum! Brands by 99.6% in the third quarter. SG Americas Securities LLC now owns 34,163 shares of the restaurant operator’s stock worth $4,268,000 after purchasing an additional 17,043 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Yum! Brands Price Performance

Shares of NYSE:YUM opened at $139.06 on Tuesday. The company has a market capitalization of $39.15 billion, a PE ratio of 24.88, a price-to-earnings-growth ratio of 2.19 and a beta of 1.10. The business has a fifty day moving average price of $137.38 and a two-hundred day moving average price of $130.39. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.24.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the company earned $1.31 EPS. Sell-side 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 disclosed a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date was Tuesday, February 20th. This is an increase from Yum! Brands’s previous quarterly dividend of $0.61. Yum! Brands’s dividend payout ratio is 47.94%.

Analyst Ratings Changes

YUM has been the subject of a number of research analyst reports. Royal Bank of Canada lowered their target price on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a report on Friday, February 9th. JPMorgan Chase & Co. lifted their target price on Yum! Brands from $133.00 to $134.00 and gave the stock a “neutral” rating in a report on Tuesday, March 19th. Stifel Nicolaus reiterated a “hold” rating and issued a $135.00 target price on shares of Yum! Brands in a report on Thursday, January 4th. Wells Fargo & Company downgraded Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $150.00 to $135.00 in a report on Thursday, January 11th. Finally, Guggenheim lifted their target price on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Yum! Brands currently has a consensus rating of “Hold” and an average price target of $145.00.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the company’s 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 transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO David W. Gibbs sold 7,067 shares of the stock in a transaction 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 in the company, valued at approximately $23,910,900.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the transaction, the chief executive officer now owns 172,128 shares of the company’s stock, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Insiders sold 24,064 shares of company stock worth $3,228,698 in the last quarter. 0.31% of the stock is currently owned by company insiders.

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.