Yum! Brands, Inc. $YUM Shares Sold by Ossiam

Ossiam decreased its position in Yum! Brands, Inc. (NYSE:YUM) by 65.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,414 shares of the restaurant operator’s stock after selling 14,043 shares during the quarter. Ossiam’s holdings in Yum! Brands were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of YUM. HFM Investment Advisors LLC purchased a new stake in shares of Yum! Brands in the 1st quarter valued at $25,000. Oliver Lagore Vanvalin Investment Group acquired a new position in Yum! Brands in the 2nd quarter valued at about $29,000. Financial Gravity Companies Inc. purchased a new stake in Yum! Brands during the second quarter worth about $36,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Yum! Brands during the second quarter worth about $42,000. Finally, Private Wealth Asset Management LLC grew its holdings in shares of Yum! Brands by 219.4% in the second quarter. Private Wealth Asset Management LLC now owns 297 shares of the restaurant operator’s stock valued at $44,000 after purchasing an additional 204 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on YUM. Weiss Ratings reiterated a “buy (b)” rating on shares of Yum! Brands in a report on Monday, December 1st. Barclays upped their price objective on Yum! Brands from $163.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Piper Sandler reiterated a “neutral” rating on shares of Yum! Brands in a report on Friday, December 5th. Sanford C. Bernstein boosted their target price on Yum! Brands from $145.00 to $160.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 5th. Finally, Citigroup upped their price target on Yum! Brands from $156.00 to $158.00 and gave the stock a “neutral” rating in a report on Monday, October 20th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $167.38.

Insider Buying and Selling at Yum! Brands

In related news, CEO David W. Gibbs sold 7,176 shares of Yum! Brands stock in a transaction 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 directly owned 102,893 shares in the company, valued at $15,413,371.40. This trade represents a 6.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Tracy L. Skeans sold 24,332 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $149.10, for a total transaction of $3,627,901.20. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 38,146 shares of company stock worth $5,699,770. 0.33% of the stock is currently owned by corporate insiders.

Yum! Brands Trading Up 0.7%

Yum! Brands stock opened at $144.02 on Thursday. The company has a fifty day simple moving average of $146.83 and a 200-day simple moving average of $146.49. The stock has a market cap of $39.99 billion, a P/E ratio of 28.07, a price-to-earnings-growth ratio of 2.23 and a beta of 0.67. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, November 4th. The restaurant operator reported $1.58 EPS for the quarter, beating the consensus estimate of $1.46 by $0.12. Yum! Brands had a negative return on equity of 21.79% and a net margin of 17.95%.The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the company posted $1.37 earnings per share. Yum! Brands’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Tuesday, December 2nd will be issued a $0.71 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.0%. Yum! Brands’s dividend payout ratio is presently 55.36%.

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.