Boyd Watterson Asset Management LLC OH Sells 100 Shares of Yum! Brands, Inc. $YUM

Boyd Watterson Asset Management LLC OH decreased its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 16.4% during the second quarter, HoldingsChannel reports. The firm owned 510 shares of the restaurant operator’s stock after selling 100 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Yum! Brands were worth $76,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. HFM Investment Advisors LLC bought a new stake in shares of Yum! Brands during the 1st quarter valued at about $25,000. Greykasell Wealth Strategies Inc. bought a new stake in shares of Yum! Brands during the 1st quarter valued at about $25,000. Manchester Capital Management LLC boosted its stake 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 purchasing an additional 71 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Yum! Brands during the 2nd quarter valued at about $29,000. Finally, Wayfinding Financial LLC bought a new stake in shares of Yum! Brands during the 1st quarter valued at about $32,000. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Shares of Yum! Brands stock opened at $142.98 on Tuesday. The stock has a market capitalization of $39.68 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 2.22 and a beta of 0.72. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The company has a 50-day simple moving average of $147.22 and a two-hundred day simple moving average of $146.28.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period 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 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

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

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 7,176 shares of Yum! Brands stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $149.80, for a total value of $1,074,964.80. Following the completion of the transaction, the chief executive officer directly owned 102,893 shares of the company’s stock, valued at approximately $15,413,371.40. The trade was a 6.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott Mezvinsky sold 275 shares of Yum! Brands stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $152.59, for a total transaction of $41,962.25. Following the completion of the transaction, the chief executive officer directly owned 1,755 shares of the company’s stock, valued at $267,795.45. This trade represents a 13.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,078 shares of company stock valued at $4,304,785 over the last ninety days. 0.33% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on YUM. Wells Fargo & Company dropped their price objective on shares of Yum! Brands from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 6th. Evercore ISI dropped their price objective on shares of Yum! Brands from $170.00 to $165.00 and set an “in-line” rating on the stock in a research note on Wednesday, August 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Yum! Brands in a research note on Wednesday, October 8th. Sanford C. Bernstein set a $164.00 price objective on shares of Yum! Brands in a research note on Tuesday, August 5th. Finally, Morgan Stanley set a $165.00 price objective on shares of Yum! Brands in a research note on Tuesday, October 21st. Eleven research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $163.14.

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.