Retirement Guys Formula LLC Purchases 533 Shares of Yum! Brands, Inc. (NYSE:YUM)

Retirement Guys Formula LLC grew its stake in Yum! Brands, Inc. (NYSE:YUM) by 11.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,341 shares of the restaurant operator’s stock after acquiring an additional 533 shares during the quarter. Retirement Guys Formula LLC’s holdings in Yum! Brands were worth $746,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of YUM. Norden Group LLC acquired a new position in Yum! Brands during the first quarter valued at $3,415,000. Legal & General Group Plc raised its holdings in Yum! Brands by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after buying an additional 104,328 shares during the period. Marshall Wace LLP acquired a new stake in shares of Yum! Brands in the second quarter valued at $7,645,000. Canada Pension Plan Investment Board grew its position in Yum! Brands by 140.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 126,550 shares of the restaurant operator’s stock valued at $16,763,000 after acquiring an additional 73,844 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in Yum! Brands by 1.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 333,131 shares of the restaurant operator’s stock worth $44,000,000 after buying an additional 5,137 shares during the period. 82.37% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO David W. Gibbs sold 7,069 shares of the stock in a transaction that occurred 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 owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 7,069 shares of Yum! Brands stock in a transaction on Thursday, August 15th. The shares were 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 owns 159,132 shares in the company, valued at approximately $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,673 shares of company stock worth $13,918,095. 0.31% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Robert W. Baird upped their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Evercore ISI downgraded shares of Yum! Brands from an “outperform” rating to an “inline” rating and reduced their price target for the company from $160.00 to $145.00 in a research report on Tuesday, July 16th. TD Cowen lowered shares of Yum! Brands from a “buy” rating to a “hold” rating and lowered their price objective for the company from $156.00 to $145.00 in a research report on Wednesday, October 16th. Stifel Nicolaus reduced 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. Finally, Morgan Stanley reduced their price objective on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 16th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $146.53.

Yum! Brands Price Performance

YUM stock traded down $0.03 during midday trading on Monday, reaching $134.24. 613,217 shares of the company were exchanged, compared to its average volume of 1,948,240. The business has a 50-day moving average price of $135.02 and a two-hundred day moving average price of $135.15. The firm has a market capitalization of $37.74 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. Yum! Brands, Inc. has a one year low of $118.28 and a one year high of $143.20.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.02. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. During the same quarter in the previous year, the business earned $1.41 earnings per share. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.6 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors 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 dividend on an annualized basis and a dividend yield of 2.00%. Yum! Brands’s dividend payout ratio (DPR) is presently 49.08%.

Yum! Brands 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.