Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by Pure Financial Advisors LLC

Pure Financial Advisors LLC lifted its holdings in Yum! Brands, Inc. (NYSE:YUM) by 25.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,403 shares of the restaurant operator’s stock after purchasing an additional 903 shares during the period. Pure Financial Advisors LLC’s holdings in Yum! Brands were worth $615,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Key Financial Inc grew its stake in shares of Yum! Brands by 68.3% in the third quarter. Key Financial Inc now owns 6,327 shares of the restaurant operator’s stock worth $884,000 after acquiring an additional 2,567 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Yum! Brands by 17.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,323 shares of the restaurant operator’s stock valued at $325,000 after buying an additional 353 shares during the period. Capital Advisors Inc. OK grew its position in shares of Yum! Brands by 6.4% during the third quarter. Capital Advisors Inc. OK now owns 20,662 shares of the restaurant operator’s stock worth $2,887,000 after buying an additional 1,244 shares in the last quarter. Shepherd Financial Partners LLC purchased a new stake in shares of Yum! Brands during the third quarter worth approximately $206,000. Finally, Pinnacle Associates Ltd. raised its holdings in Yum! Brands by 73.5% in the third quarter. Pinnacle Associates Ltd. now owns 4,389 shares of the restaurant operator’s stock valued at $573,000 after acquiring an additional 1,860 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,005 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now owns 152,634 shares in the company, valued at $20,518,588.62. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Sabir Sami sold 71,051 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 68 shares of the company’s stock, valued at $9,326.88. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 152,634 shares in the company, valued at $20,518,588.62. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 101,673 shares of company stock valued at $13,918,095 in the last ninety days. 0.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

YUM has been the subject of several analyst reports. Bank of America lowered their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Stifel Nicolaus dropped their target price on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. Evercore ISI downgraded Yum! Brands from an “outperform” rating to an “inline” rating and decreased their price target for the stock from $160.00 to $145.00 in a report on Tuesday, July 16th. TD Cowen downgraded Yum! Brands from a “buy” rating to a “hold” rating and dropped their price objective for the company from $156.00 to $145.00 in a report on Wednesday, October 16th. Finally, Robert W. Baird boosted their target price on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $146.44.

Yum! Brands Stock Performance

YUM stock opened at $132.34 on Monday. The stock has a market capitalization of $37.21 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 2.06 and a beta of 1.10. The company has a fifty day moving average of $134.30 and a 200-day moving average of $134.87. Yum! Brands, Inc. has a one year low of $122.79 and a one year high of $143.20.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (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 for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the previous year, the firm posted $1.41 EPS. Equities analysts forecast that Yum! Brands, Inc. will post 5.59 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 2.03%. Yum! Brands’s payout ratio is currently 49.08%.

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.