Yum! Brands, Inc. (NYSE:YUM) Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its holdings in Yum! Brands, Inc. (NYSE:YUM) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,585 shares of the restaurant operator’s stock after buying an additional 282 shares during the quarter. Blair William & Co. IL’s holdings in Yum! Brands were worth $5,111,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ruedi Wealth Management Inc. lifted its holdings in Yum! Brands by 79.8% in the 1st quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Manchester Capital Management LLC lifted its stake in shares of Yum! Brands by 165.7% in the 1st quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 116 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new stake in Yum! Brands during the first quarter worth approximately $28,000. Crewe Advisors LLC purchased a new stake in shares of Yum! Brands in the first quarter worth about $28,000. Finally, Meeder Asset Management Inc. grew its position in Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 82 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Price Performance

Yum! Brands stock opened at $129.71 on Friday. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.20. The company’s 50-day moving average is $133.29 and its 200-day moving average is $135.53. The firm has a market capitalization of $36.53 billion, a PE ratio of 23.00, a P/E/G ratio of 2.06 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.02. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same quarter last year, the firm earned $1.41 earnings per share. As a group, analysts expect that Yum! Brands, Inc. will post 5.62 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were given a $0.67 dividend. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 annualized dividend and a yield of 2.07%. Yum! Brands’s dividend payout ratio is presently 47.52%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Morgan Stanley dropped their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research note on Tuesday, July 16th. Robert W. Baird raised their price target on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. TD Cowen reissued a “buy” rating and set a $156.00 price target on shares of Yum! Brands in a report on Thursday, September 12th. Finally, The Goldman Sachs Group assumed coverage on shares of Yum! Brands in a research note on Thursday, June 13th. They set a “neutral” rating and a $150.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Yum! Brands has an average rating of “Hold” and a consensus target price of $145.25.

Insider Buying and Selling

In other news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now directly owns 155,883 shares of the company’s stock, valued at approximately $20,955,351.69. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CEO David W. Gibbs sold 7,005 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 155,883 shares in the company, valued at approximately $20,955,351.69. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO David W. Gibbs sold 6,961 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $131.02, for a total transaction of $912,030.22. Following the sale, the chief executive officer now directly owns 162,381 shares of the company’s stock, valued at $21,275,158.62. The disclosure for this sale can be found here. Insiders have sold a total of 101,629 shares of company stock worth $13,888,443 in the last ninety days. Company insiders own 0.31% of the company’s stock.

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.