Thompson Siegel & Walmsley LLC Purchases 264 Shares of Yum! Brands, Inc. (NYSE:YUM)

Thompson Siegel & Walmsley LLC boosted its position in Yum! Brands, Inc. (NYSE:YUM) by 9.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,167 shares of the restaurant operator’s stock after acquiring an additional 264 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Yum! Brands were worth $442,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Citizens Financial Group Inc. RI boosted its holdings in shares of Yum! Brands by 6.3% during the third quarter. Citizens Financial Group Inc. RI now owns 13,465 shares of the restaurant operator’s stock worth $1,881,000 after purchasing an additional 801 shares during the period. NS Partners Ltd lifted its holdings in Yum! Brands by 1.6% in the 3rd quarter. NS Partners Ltd now owns 179,387 shares of the restaurant operator’s stock worth $25,062,000 after buying an additional 2,814 shares during the period. Prospera Private Wealth LLC bought a new stake in shares of Yum! Brands in the 3rd quarter worth approximately $341,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Yum! Brands during the third quarter valued at approximately $4,081,000. Finally, Fifth Third Wealth Advisors LLC raised its holdings in shares of Yum! Brands by 3.6% during the third quarter. Fifth Third Wealth Advisors LLC now owns 5,214 shares of the restaurant operator’s stock valued at $728,000 after acquiring an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Activity

In related news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction dated Monday, September 16th. The stock was 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 155,883 shares in the company, valued at approximately $20,955,351.69. This trade represents a 4.30 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 21,069 shares of company stock valued at $2,842,965 over the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on YUM shares. Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. TD Cowen reiterated a “hold” rating and set a $145.00 price target on shares of Yum! Brands in a research report on Wednesday, November 6th. Loop Capital lowered their price objective on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Bank of America reduced their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $145.94.

Yum! Brands Price Performance

Shares of Yum! Brands stock opened at $135.26 on Friday. The stock has a market cap of $37.75 billion, a price-to-earnings ratio of 25.28, a PEG ratio of 2.26 and a beta of 1.10. Yum! Brands, Inc. has a 1 year low of $123.70 and a 1 year high of $143.20. The firm’s 50-day moving average is $134.45 and its 200 day moving average is $134.50.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.44 EPS. On average, equities analysts expect that Yum! Brands, Inc. will post 5.47 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, December 2nd will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Monday, December 2nd. Yum! Brands’s dividend payout ratio is currently 50.09%.

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.