Yum! Brands, Inc. (NYSE:YUM) Position Trimmed by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its holdings in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,137 shares of the restaurant operator’s stock after selling 802 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Yum! Brands were worth $4,068,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Naples Money Management LLC bought a new position in shares of Yum! Brands during the fourth quarter worth about $26,000. Bfsg LLC acquired a new stake in Yum! Brands in the fourth quarter worth about $26,000. Fortitude Family Office LLC acquired a new stake in Yum! Brands in the fourth quarter worth about $27,000. Bruce G. Allen Investments LLC acquired a new stake in Yum! Brands in the fourth quarter worth about $34,000. Finally, DB Wealth Management Group LLC acquired a new stake in Yum! Brands in the third quarter worth about $43,000. Institutional investors own 82.37% of the company’s stock.

Insiders Place Their Bets

In other Yum! Brands news, Director Paget Leonard Alves sold 6,309 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total transaction of $859,222.71. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Paget Leonard Alves sold 6,309 shares of Yum! Brands stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total transaction of $859,222.71. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Scott Catlett sold 5,994 shares of Yum! Brands stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $141.50, for a total value of $848,151.00. Following the transaction, the insider now owns 34,889 shares in the company, valued at approximately $4,936,793.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,521 shares of company stock worth $4,620,263. Insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Argus reissued a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Royal Bank of Canada dropped their price objective on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a report on Friday, February 9th. Citigroup decreased their target price on Yum! Brands from $166.00 to $162.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Finally, BMO Capital Markets increased their price objective on Yum! Brands from $133.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Yum! Brands currently has a consensus rating of “Hold” and an average price target of $143.27.

Read Our Latest Research Report on YUM

Yum! Brands Stock Performance

Shares of NYSE:YUM opened at $134.77 on Friday. The business has a fifty day moving average of $137.97 and a 200-day moving average of $133.60. The firm has a market cap of $37.96 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 2.17 and a beta of 1.07. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUMGet Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.05). The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.71 billion. Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. Yum! Brands’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.06 EPS. On average, analysts anticipate that Yum! Brands, Inc. will post 5.64 EPS for the current fiscal year.

Yum! Brands announced that its Board of Directors has initiated a share buyback plan on Wednesday, May 15th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the restaurant operator to buy up to 5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Yum! Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Tuesday, May 28th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Friday, May 24th. Yum! Brands’s dividend payout ratio (DPR) is currently 47.52%.

Yum! Brands Company Profile

(Free Report)

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.

See Also

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

Receive News & Ratings for Yum! Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands and related companies with MarketBeat.com's FREE daily email newsletter.