Compass Wealth Management LLC Has $68.40 Million Stake in Yum! Brands, Inc. $YUM

Compass Wealth Management LLC increased its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 31,860.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 450,000 shares of the restaurant operator’s stock after acquiring an additional 448,592 shares during the quarter. Yum! Brands comprises about 10.4% of Compass Wealth Management LLC’s investment portfolio, making the stock its largest holding. Compass Wealth Management LLC owned approximately 0.16% of Yum! Brands worth $68,400,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. CFS Investment Advisory Services LLC grew its position in shares of Yum! Brands by 3.9% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 2,561 shares of the restaurant operator’s stock worth $367,000 after purchasing an additional 97 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Yum! Brands by 2.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 42,085 shares of the restaurant operator’s stock worth $6,397,000 after buying an additional 1,195 shares in the last quarter. Retirement Systems of Alabama grew its position in Yum! Brands by 19.7% during the third quarter. Retirement Systems of Alabama now owns 347,395 shares of the restaurant operator’s stock worth $52,804,000 after buying an additional 57,112 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Yum! Brands by 0.7% in the 3rd quarter. CIBC Asset Management Inc now owns 118,677 shares of the restaurant operator’s stock valued at $18,025,000 after acquiring an additional 853 shares in the last quarter. Finally, Sagespring Wealth Partners LLC raised its holdings in Yum! Brands by 7.3% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 4,290 shares of the restaurant operator’s stock valued at $652,000 after acquiring an additional 291 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of recent analyst reports. Guggenheim decreased their price target on Yum! Brands from $167.00 to $160.00 and set a “buy” rating on the stock in a research report on Tuesday, October 28th. Evercore ISI raised shares of Yum! Brands from an “in-line” rating to an “outperform” rating and raised their target price for the company from $165.00 to $180.00 in a report on Wednesday, November 5th. Weiss Ratings restated a “buy (b)” rating on shares of Yum! Brands in a research report on Monday, December 29th. Piper Sandler reiterated a “neutral” rating on shares of Yum! Brands in a research report on Friday, December 5th. Finally, BMO Capital Markets lifted their price objective on shares of Yum! Brands from $150.00 to $155.00 and gave the company a “market perform” rating in a research note on Wednesday, November 5th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $170.30.

Yum! Brands Trading Down 0.1%

Shares of Yum! Brands stock opened at $152.84 on Tuesday. The firm’s 50 day moving average is $152.14 and its 200 day moving average is $148.50. The firm has a market capitalization of $42.44 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 2.22 and a beta of 0.67. Yum! Brands, Inc. has a 1 year low of $128.29 and a 1 year high of $163.30.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 4th. The restaurant operator reported $1.58 EPS for the quarter, beating the consensus estimate of $1.46 by $0.12. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.96 billion. Yum! Brands had a net margin of 17.95% and a negative return on equity of 21.79%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.37 EPS. As a group, research analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Tuesday, December 2nd were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $2.84 dividend on an annualized basis and a yield of 1.9%. Yum! Brands’s payout ratio is currently 55.36%.

Insider Transactions at Yum! Brands

In other news, insider Erika Burkhardt sold 1,269 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $149.37, for a total value of $189,550.53. Following the completion of the transaction, the insider owned 64 shares of the company’s stock, valued at $9,559.68. This represents a 95.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Tracy L. Skeans sold 24,332 shares of Yum! Brands stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $149.10, for a total transaction of $3,627,901.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,695 shares of company stock worth $4,582,843 in the last 90 days. 0.33% of the stock is currently owned by company insiders.

Yum! Brands Company Profile

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.