Bartlett & CO. Wealth Management LLC Sells 164 Shares of Yum! Brands, Inc. (NYSE:YUM)

Bartlett & CO. Wealth Management LLC reduced its stake in Yum! Brands, Inc. (NYSE:YUM) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,478 shares of the restaurant operator’s stock after selling 164 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Yum! Brands were worth $5,431,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of YUM. Albion Financial Group UT increased its position in Yum! Brands by 24.7% in the fourth quarter. Albion Financial Group UT now owns 566 shares of the restaurant operator’s stock worth $76,000 after buying an additional 112 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in Yum! Brands by 10.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 438,050 shares of the restaurant operator’s stock worth $58,769,000 after acquiring an additional 39,810 shares in the last quarter. Atomi Financial Group Inc. purchased a new position in Yum! Brands during the fourth quarter valued at approximately $407,000. ZWJ Investment Counsel Inc. boosted its position in shares of Yum! Brands by 9.5% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 148,064 shares of the restaurant operator’s stock worth $19,864,000 after purchasing an additional 12,814 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Yum! Brands by 18.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 805 shares of the restaurant operator’s stock worth $108,000 after purchasing an additional 125 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on YUM. TD Cowen reaffirmed a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th. Oppenheimer upped their price objective on Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Morgan Stanley reissued an “equal weight” rating and issued a $140.00 price target (down from $158.00) on shares of Yum! Brands in a report on Tuesday. Argus upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a research note on Tuesday, December 31st. Finally, Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Thirteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $144.89.

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the transaction, the chief executive officer now owns 149,385 shares of the company’s stock, valued at $20,474,708.10. This represents a 2.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

Shares of Yum! Brands stock opened at $127.07 on Friday. The stock has a 50 day moving average price of $133.26 and a 200-day moving average price of $133.55. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $143.20. The stock has a market cap of $35.46 billion, a price-to-earnings ratio of 23.75, a price-to-earnings-growth ratio of 2.02 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period in the prior year, the company posted $1.44 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. Sell-side analysts predict that Yum! Brands, Inc. will post 5.46 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.68 annualized dividend and a dividend yield of 2.11%. Yum! Brands’s dividend payout ratio (DPR) is presently 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.