Bragg Financial Advisors Inc Has $376,000 Stake in Yum! Brands, Inc. (YUM)

Bragg Financial Advisors Inc maintained its position in Yum! Brands, Inc. (NYSE:YUM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,882 shares of the restaurant operator’s stock at the end of the first quarter. Bragg Financial Advisors Inc’s holdings in Yum! Brands were worth $376,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of YUM. YorkBridge Wealth Partners LLC increased its position in Yum! Brands by 49.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,557 shares of the restaurant operator’s stock valued at $103,000 after buying an additional 512 shares during the last quarter. Coconut Grove Bank increased its position in Yum! Brands by 84.6% in the first quarter. Coconut Grove Bank now owns 1,855 shares of the restaurant operator’s stock valued at $119,000 after buying an additional 850 shares during the last quarter. Bartlett & Co. LLC increased its position in Yum! Brands by 3.6% in the first quarter. Bartlett & Co. LLC now owns 1,992 shares of the restaurant operator’s stock valued at $127,000 after buying an additional 70 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Yum! Brands by 5.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,031 shares of the restaurant operator’s stock valued at $130,000 after buying an additional 114 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in Yum! Brands by 38.2% in the first quarter. Parallel Advisors LLC now owns 2,202 shares of the restaurant operator’s stock valued at $150,000 after buying an additional 609 shares during the last quarter. 73.37% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands, Inc. (NYSE YUM) traded up 0.23% during midday trading on Friday, reaching $75.03. The company had a trading volume of 2,272,138 shares. The firm has a market capitalization of $26.13 billion, a P/E ratio of 18.89 and a beta of 0.82. The stock’s 50 day moving average price is $74.01 and its 200-day moving average price is $68.62. Yum! Brands, Inc. has a one year low of $59.57 and a one year high of $91.99.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.07. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business earned $0.75 EPS. Yum! Brands’s quarterly revenue was down 4.0% on a year-over-year basis. On average, equities research analysts anticipate that Yum! Brands, Inc. will post $2.80 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.60%. Yum! Brands’s dividend payout ratio (DPR) is currently 33.15%.

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Several research firms have commented on YUM. Zacks Investment Research downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $78.00 target price (up from $75.00) on shares of Yum! Brands in a research report on Tuesday, May 30th. BMO Capital Markets began coverage on shares of Yum! Brands in a research report on Friday, April 21st. They set a “market perform” rating and a $66.00 target price on the stock. BidaskClub raised shares of Yum! Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 24th. Finally, Mizuho initiated coverage on Yum! Brands in a research report on Thursday, June 8th. They issued a “neutral” rating and a $74.00 price target on the stock. Fourteen analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $78.68.

In other Yum! Brands news, CEO Brian R. Niccol sold 1,487 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total transaction of $109,770.34. Following the transaction, the chief executive officer now owns 6,719 shares in the company, valued at approximately $495,996.58. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO David W. Gibbs sold 8,125 shares of the stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $68.83, for a total transaction of $559,243.75. Following the transaction, the chief financial officer now owns 39,181 shares in the company, valued at approximately $2,696,828.23. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,083 shares of company stock worth $775,868. 7.38% of the stock is owned by company insiders.

Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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