M&R Capital Management Inc. Sells 200 Shares of Yum! Brands, Inc. (NYSE:YUM)

M&R Capital Management Inc. trimmed its position in Yum! Brands, Inc. (NYSE:YUM) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,105 shares of the restaurant operator’s stock after selling 200 shares during the period. M&R Capital Management Inc.’s holdings in Yum! Brands were worth $574,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ruedi Wealth Management Inc. increased its position in Yum! Brands by 79.8% during the 1st quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 83 shares in the last quarter. Manchester Capital Management LLC raised its position 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 during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in Yum! Brands in the 1st quarter worth approximately $28,000. Crewe Advisors LLC acquired a new position in Yum! Brands during the 1st quarter valued at approximately $28,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after buying an additional 82 shares during the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

YUM has been the subject of a number of research analyst reports. The Goldman Sachs Group started coverage on Yum! Brands in a research note on Thursday, June 13th. They issued a “neutral” rating and a $150.00 target price for the company. Evercore ISI downgraded shares of Yum! Brands from an “outperform” rating to an “inline” rating and cut their price target for the stock from $160.00 to $145.00 in a report on Tuesday, July 16th. Morgan Stanley decreased their price objective 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. TD Cowen reiterated a “buy” rating and issued a $156.00 price objective on shares of Yum! Brands in a research note on Thursday, September 12th. Finally, Robert W. Baird lifted their price objective on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and an average target price of $145.25.

Yum! Brands Stock Up 0.2 %

YUM stock opened at $139.54 on Thursday. The stock has a market capitalization of $39.30 billion, a P/E ratio of 24.74, a P/E/G ratio of 2.14 and a beta of 1.08. Yum! Brands, Inc. has a 52 week low of $115.53 and a 52 week high of $143.20. The firm has a 50-day simple moving average of $134.72 and a 200-day simple moving average of $135.40.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the business posted $1.41 earnings per share. On average, analysts expect that Yum! Brands, Inc. will post 5.61 earnings per share for the current year.

Yum! Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.92%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio is currently 47.52%.

Insider Activity at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 6,961 shares of the firm’s stock in a transaction that occurred on 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 owns 162,381 shares of the company’s stock, valued at approximately $21,275,158.62. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 101,629 shares of company stock valued at $13,888,443. 0.31% of the stock is currently owned by insiders.

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.