Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC lifted its holdings in shares of Yum! Brands, Inc. (NYSE:YUMGet Rating) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,312 shares of the restaurant operator’s stock after buying an additional 256 shares during the period. AE Wealth Management LLC’s holdings in Yum! Brands were worth $1,522,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in YUM. RB Capital Management LLC boosted its stake in shares of Yum! Brands by 9.7% during the first quarter. RB Capital Management LLC now owns 4,890 shares of the restaurant operator’s stock worth $580,000 after buying an additional 431 shares during the period. Dimensional Fund Advisors LP lifted 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 valued at $90,284,000 after purchasing an additional 3,024 shares during the period. Canada Pension Plan Investment Board acquired a new stake in Yum! Brands in the first quarter valued at about $664,000. Moors & Cabot Inc. lifted 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 valued at $893,000 after purchasing an additional 517 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in Yum! Brands by 10.8% in the first quarter. Brown Brothers Harriman & Co. now owns 2,862 shares of the restaurant operator’s stock valued at $339,000 after purchasing an additional 279 shares during the period. Institutional investors and hedge funds own 77.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on YUM shares. Barclays raised their price objective on shares of Yum! Brands from $122.00 to $128.00 in a research report on Wednesday, December 14th. Cowen raised their price objective on shares of Yum! Brands from $130.00 to $155.00 and gave the company an “outperform” rating in a research report on Monday, December 5th. Citigroup raised their price objective on shares of Yum! Brands from $149.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, November 30th. Robert W. Baird raised their price objective on shares of Yum! Brands from $146.00 to $155.00 in a research report on Wednesday, December 14th. Finally, StockNews.com started coverage on shares of Yum! Brands in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $140.60.

Yum! Brands Price Performance

Shares of YUM opened at $129.40 on Wednesday. The firm has a 50 day simple moving average of $126.93 and a 200-day simple moving average of $119.03. Yum! Brands, Inc. has a 1-year low of $103.96 and a 1-year high of $133.35. The stock has a market cap of $36.45 billion, a price-to-earnings ratio of 29.54, a price-to-earnings-growth ratio of 2.16 and a beta of 0.99.

Yum! Brands (NYSE:YUMGet Rating) last issued its quarterly earnings data on Wednesday, November 2nd. The restaurant operator reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.05). Yum! Brands had a negative return on equity of 14.52% and a net margin of 19.13%. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.64 billion. On average, equities analysts expect that Yum! Brands, Inc. will post 4.43 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 9th. Shareholders of record on Friday, November 25th were paid a $0.57 dividend. The ex-dividend date was Wednesday, November 23rd. This represents a $2.28 annualized dividend and a yield of 1.76%. Yum! Brands’s payout ratio is currently 52.05%.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 4,259 shares of Yum! Brands stock in a transaction that occurred on Tuesday, December 20th. The shares were sold at an average price of $128.52, for a total value of $547,366.68. Following the completion of the sale, the chief executive officer now directly owns 31,715 shares of the company’s stock, valued at approximately $4,076,011.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is owned by corporate insiders.

Yum! Brands Profile

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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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