Yum! Brands, Inc. $YUM Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC trimmed its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 3.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,167 shares of the restaurant operator’s stock after selling 849 shares during the period. Stratos Wealth Advisors LLC’s holdings in Yum! Brands were worth $3,877,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. HFM Investment Advisors LLC acquired a new stake in shares of Yum! Brands during the 1st quarter valued at approximately $25,000. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Yum! Brands during the 1st quarter valued at approximately $25,000. Manchester Capital Management LLC lifted its position in shares of 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. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Yum! Brands during the 2nd quarter valued at approximately $29,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Yum! Brands during the 1st quarter valued at approximately $32,000. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Yum! Brands

In other news, CEO Scott Mezvinsky sold 275 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $152.59, for a total transaction of $41,962.25. Following the completion of the sale, the chief executive officer directly owned 1,755 shares of the company’s stock, valued at $267,795.45. The trade was a 13.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Tracy L. Skeans sold 12,220 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $148.24, for a total transaction of $1,811,492.80. The disclosure for this sale can be found here. Insiders sold 29,078 shares of company stock valued at $4,304,785 over the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on YUM shares. TD Cowen cut their price objective on Yum! Brands from $158.00 to $156.00 and set a “hold” rating for the company in a research report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Yum! Brands in a research report on Wednesday, October 8th. Sanford C. Bernstein set a $164.00 price objective on Yum! Brands in a research report on Tuesday, August 5th. JPMorgan Chase & Co. cut their price objective on Yum! Brands from $162.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday, August 6th. Finally, Evercore ISI cut their price objective on Yum! Brands from $170.00 to $165.00 and set an “in-line” rating for the company in a research report on Wednesday, August 6th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $161.48.

Yum! Brands Stock Performance

Shares of YUM opened at $145.25 on Friday. The stock has a fifty day moving average of $147.14 and a two-hundred day moving average of $146.39. The company has a market capitalization of $40.31 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.02). The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The company’s revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.35 earnings per share. As a group, equities research analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.84 annualized dividend and a dividend yield of 2.0%. Yum! Brands’s payout ratio is currently 56.02%.

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.