722 Shares in Yum! Brands, Inc. $YUM Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC acquired a new stake in Yum! Brands, Inc. (NYSE:YUMFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 722 shares of the restaurant operator’s stock, valued at approximately $107,000.

Several other large investors also recently bought and sold shares of YUM. Manchester Capital Management LLC grew its position in Yum! Brands by 78.0% in the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 71 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Yum! Brands during the first quarter worth approximately $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Yum! Brands during the first quarter worth approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Yum! Brands during the second quarter worth approximately $29,000. Finally, Wayfinding Financial LLC bought a new position in Yum! Brands during the first quarter worth $32,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on Yum! Brands from $162.00 to $160.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 6th. Morgan Stanley cut their target price on Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 6th. Melius assumed coverage on Yum! Brands in a research note on Monday, July 14th. They issued a “buy” rating and a $200.00 target price on the stock. Wells Fargo & Company cut their target price on Yum! Brands from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 6th. Finally, Royal Bank Of Canada assumed coverage on Yum! Brands in a research note on Wednesday. They issued a “sector perform” rating and a $165.00 target price on the stock. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $161.48.

Check Out Our Latest Stock Report on Yum! Brands

Yum! Brands Trading Down 0.8%

Shares of YUM opened at $141.53 on Friday. The business’s 50-day moving average price is $147.04 and its 200 day moving average price is $146.88. The stock has a market capitalization of $39.28 billion, a P/E ratio of 27.92, a P/E/G ratio of 2.23 and a beta of 0.72. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30.

Yum! Brands (NYSE:YUMGet Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the business posted $1.35 EPS. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, research analysts predict that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.84 dividend on an annualized basis and a yield of 2.0%. Yum! Brands’s dividend payout ratio (DPR) is presently 56.02%.

Insider Transactions at Yum! Brands

In other news, Director Weir Mirian M. Graddick sold 2,038 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $145.30, for a total transaction of $296,121.40. Following the transaction, the director owned 1,233 shares in the company, valued at $179,154.90. This represents a 62.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Tracy L. Skeans sold 12,220 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $148.24, for a total transaction of $1,811,492.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,195 shares of company stock worth $5,348,137. 0.33% of the stock is owned by corporate insiders.

Yum! Brands 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.

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

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