1,818 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC acquired a new position in shares of Yum! Brands, Inc. (NYSE:YUM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,818 shares of the restaurant operator’s stock, valued at approximately $254,000.

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 purchasing an additional 83 shares during the period. Manchester Capital Management LLC raised its stake in Yum! Brands by 165.7% in the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock worth $26,000 after buying an additional 116 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Yum! Brands during the first quarter worth $28,000. DiNuzzo Private Wealth Inc. boosted its position in Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 201 shares in the last quarter. Finally, Meeder Asset Management Inc. increased its holdings in shares of Yum! Brands by 43.6% in the 2nd 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 during the period. 82.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on YUM. Stifel Nicolaus lowered their price target on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. TD Cowen downgraded Yum! Brands from a “buy” rating to a “hold” rating and reduced their price target for the stock from $156.00 to $145.00 in a research report on Wednesday, October 16th. Morgan Stanley reduced their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Bank of America cut their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. Finally, Evercore ISI downgraded shares of Yum! Brands from an “outperform” rating to an “inline” rating and lowered their price objective for the stock from $160.00 to $145.00 in a research note on Tuesday, July 16th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and an average price target of $146.44.

Yum! Brands Stock Up 0.9 %

Shares of NYSE:YUM opened at $132.34 on Friday. Yum! Brands, Inc. has a 52 week low of $122.79 and a 52 week high of $143.20. The company has a 50-day moving average price of $134.30 and a 200 day moving average price of $134.92. The company has a market cap of $37.21 billion, a P/E ratio of 24.24, a PEG ratio of 2.10 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period last year, the company posted $1.41 earnings per share. Analysts expect that Yum! Brands, Inc. will post 5.59 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 2.03%. Yum! Brands’s dividend payout ratio is currently 49.08%.

Insiders Place Their Bets

In related news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now owns 1,233 shares in the company, valued at approximately $169,414.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total transaction of $974,956.48. Following the completion of the sale, the chief executive officer now directly owns 159,132 shares in the company, valued at $21,947,485.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the sale, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,673 shares of company stock valued at $13,918,095 in the last ninety days. 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.