KFA Private Wealth Group LLC Takes $218,000 Position in Yum! Brands, Inc. $YUM

KFA Private Wealth Group LLC purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,468 shares of the restaurant operator’s stock, valued at approximately $218,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Manchester Capital Management LLC lifted its stake in Yum! Brands by 78.0% during the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 71 shares during the period. Greykasell Wealth Strategies Inc. bought a new position in Yum! Brands during the first quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new position in Yum! Brands during the first quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group bought a new position in Yum! Brands during the second quarter valued at approximately $29,000. Finally, Wayfinding Financial LLC bought a new position in shares of Yum! Brands during the 1st quarter valued at $32,000. 82.37% of the stock is owned by institutional investors.

Insider Activity at Yum! Brands

In other news, Director Weir Mirian M. Graddick sold 2,038 shares of Yum! Brands stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $145.30, for a total transaction of $296,121.40. Following the sale, the director owned 1,233 shares in the company, valued at $179,154.90. This trade represents a 62.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,176 shares of Yum! Brands stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $149.80, for a total transaction of $1,074,964.80. Following the sale, the chief executive officer owned 102,893 shares in the company, valued at approximately $15,413,371.40. The trade was a 6.52% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,195 shares of company stock worth $5,348,137. 0.33% of the stock is currently owned by corporate insiders.

Yum! Brands Price Performance

Shares of YUM stock opened at $141.53 on Friday. The company has a market capitalization of $39.28 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.23 and a beta of 0.72. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $163.30. The company’s fifty day moving average price is $147.04 and its 200-day moving average price is $146.88.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.94 billion. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. Yum! Brands’s revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.35 earnings per share. Equities research analysts expect that Yum! Brands, Inc. will post 5.94 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, September 12th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum! Brands’s dividend payout ratio (DPR) is 56.02%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on YUM shares. Evercore ISI lowered their price target on Yum! Brands from $170.00 to $165.00 and set an “in-line” rating on the stock in a report on Wednesday, August 6th. JPMorgan Chase & Co. lowered their price objective on shares of Yum! Brands from $162.00 to $160.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 6th. Melius started coverage on shares of Yum! Brands in a research report on Monday, July 14th. They issued a “buy” rating and a $200.00 price target on the stock. Wells Fargo & Company decreased their target price on Yum! Brands from $160.00 to $155.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Finally, Morgan Stanley decreased their target price on Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $161.48.

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.