Capital International Inc. CA Has $55.41 Million Stock Holdings in Yum! Brands, Inc. $YUM

Capital International Inc. CA boosted its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 364,556 shares of the restaurant operator’s stock after purchasing an additional 33,179 shares during the period. Capital International Inc. CA owned about 0.13% of Yum! Brands worth $55,413,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Yum! Brands by 2.3% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 3,197 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 71 shares in the last quarter. Lakeshore Capital Group Inc. increased its stake in shares of Yum! Brands by 1.8% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 4,085 shares of the restaurant operator’s stock valued at $621,000 after acquiring an additional 73 shares in the last quarter. Spirepoint Private Client LLC increased its stake in Yum! Brands by 5.4% during the 3rd quarter. Spirepoint Private Client LLC now owns 1,424 shares of the restaurant operator’s stock valued at $216,000 after purchasing an additional 73 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in Yum! Brands by 3.1% during the third quarter. Venturi Wealth Management LLC now owns 2,468 shares of the restaurant operator’s stock worth $375,000 after buying an additional 75 shares during the last quarter. Finally, Beaumont Financial Advisors LLC raised its holdings in shares of Yum! Brands by 5.5% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 1,495 shares of the restaurant operator’s stock worth $227,000 after acquiring an additional 78 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

YUM has been the subject of a number of analyst reports. Gordon Haskett upgraded Yum! Brands from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Evercore restated an “outperform” rating and issued a $190.00 target price on shares of Yum! Brands in a report on Friday, February 13th. Barclays set a $185.00 price target on Yum! Brands and gave the company an “overweight” rating in a research report on Thursday, February 5th. Piper Sandler reiterated a “neutral” rating on shares of Yum! Brands in a research note on Friday, December 5th. Finally, Guggenheim restated a “buy” rating and set a $180.00 price target on shares of Yum! Brands in a report on Thursday, February 12th. Thirteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $174.50.

Insider Activity

In other Yum! Brands news, CEO Scott Mezvinsky sold 1,612 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $164.63, for a total transaction of $265,383.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Aaron Powell sold 12,000 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $161.44, for a total transaction of $1,937,280.00. Following the transaction, the chief executive officer owned 14,650 shares of the company’s stock, valued at $2,365,096. This represents a 45.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,138 shares of company stock valued at $2,289,990 in the last 90 days. Insiders own 0.33% of the company’s stock.

Yum! Brands Stock Down 0.1%

YUM opened at $159.83 on Tuesday. Yum! Brands, Inc. has a twelve month low of $137.33 and a twelve month high of $169.39. The company’s 50-day moving average price is $158.11 and its two-hundred day moving average price is $151.59. The stock has a market cap of $44.18 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 2.25 and a beta of 0.64.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, February 4th. The restaurant operator reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.03). Yum! Brands had a negative return on equity of 22.42% and a net margin of 18.98%.The company had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.45 billion. During the same quarter in the previous year, the business earned $1.61 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.94 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 6th. Shareholders of record on Friday, February 20th were paid a $0.75 dividend. The ex-dividend date was Friday, February 20th. This is a boost from Yum! Brands’s previous quarterly dividend of $0.71. This represents a $3.00 annualized dividend and a dividend yield of 1.9%. Yum! Brands’s dividend payout ratio is presently 54.05%.

Yum! Brands Company Profile

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.