Sequoia Financial Advisors LLC Buys 547 Shares of Yum! Brands, Inc. (NYSE:YUM)

Sequoia Financial Advisors LLC increased its stake in shares of Yum! Brands, Inc. (NYSE:YUMGet Rating) by 5.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,792 shares of the restaurant operator’s stock after buying an additional 547 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Yum! Brands were worth $1,161,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of YUM. Moors & Cabot Inc. boosted its position in Yum! Brands by 7.4% in the first quarter. Moors & Cabot Inc. now owns 7,530 shares of the restaurant operator’s stock worth $893,000 after purchasing an additional 517 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in Yum! Brands in the first quarter worth $664,000. Boston Financial Mangement LLC boosted its position in Yum! Brands by 5.1% in the first quarter. Boston Financial Mangement LLC now owns 2,175 shares of the restaurant operator’s stock worth $258,000 after purchasing an additional 105 shares during the last quarter. Aviva PLC boosted its position in Yum! Brands by 48.7% in the first quarter. Aviva PLC now owns 143,418 shares of the restaurant operator’s stock worth $16,999,000 after purchasing an additional 46,957 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Yum! Brands by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 761,575 shares of the restaurant operator’s stock worth $90,284,000 after purchasing an additional 3,024 shares during the last quarter. Institutional investors own 70.18% of the company’s stock.

Yum! Brands Stock Up 0.9 %

Shares of NYSE YUM opened at $116.36 on Friday. The firm has a market capitalization of $33.11 billion, a P/E ratio of 23.32, a P/E/G ratio of 2.14 and a beta of 1.03. The stock’s 50-day simple moving average is $117.25 and its two-hundred day simple moving average is $117.21. Yum! Brands, Inc. has a twelve month low of $108.37 and a twelve month high of $139.85.

Yum! Brands (NYSE:YUMGet Rating) last announced its earnings results on Wednesday, August 3rd. The restaurant operator reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.03). Yum! Brands had a negative return on equity of 15.45% and a net margin of 22.17%. During the same period in the prior year, the business earned $1.16 earnings per share. As a group, research analysts anticipate that Yum! Brands, Inc. will post 4.52 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Monday, August 29th will be paid a $0.57 dividend. The ex-dividend date is Friday, August 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.96%. Yum! Brands’s dividend payout ratio is currently 45.69%.

Analysts Set New Price Targets

Several research analysts have weighed in on YUM shares. The Goldman Sachs Group raised Yum! Brands from a “sell” rating to a “buy” rating and boosted their price objective for the stock from $125.00 to $135.00 in a research report on Monday, July 18th. Citigroup dropped their price target on Yum! Brands from $148.00 to $145.00 in a research report on Thursday, July 21st. Sanford C. Bernstein initiated coverage on Yum! Brands in a research report on Wednesday. They set an “outperform” rating and a $144.00 price target on the stock. Robert W. Baird set a $146.00 price target on Yum! Brands in a research report on Tuesday, July 19th. Finally, Barclays dropped their price target on Yum! Brands from $124.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 9th. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.93.

Insiders Place Their Bets

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,215 shares of the company’s stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $118.30, for a total value of $143,734.50. Following the transaction, the director now directly owns 1,233 shares in the company, valued at approximately $145,863.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP David Eric Russell sold 4,454 shares of the stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $118.52, for a total transaction of $527,888.08. Following the transaction, the vice president now directly owns 17,266 shares in the company, valued at approximately $2,046,366.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,215 shares of the stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $118.30, for a total value of $143,734.50. Following the transaction, the director now owns 1,233 shares in the company, valued at $145,863.90. The disclosure for this sale can be found here. Corporate insiders own 0.37% of the company’s stock.

Yum! Brands Company Profile

(Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company 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.

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

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