Yum! Brands, Inc. (NYSE:YUM) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. reduced its position in Yum! Brands, Inc. (NYSE:YUM) by 39.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,979 shares of the restaurant operator’s stock after selling 1,300 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Yum! Brands were worth $276,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of YUM. Safe Harbor Fiduciary LLC acquired a new position in Yum! Brands in the 3rd quarter valued at about $29,000. DiNuzzo Private Wealth Inc. raised its stake in shares of Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 201 shares during the last quarter. Meeder Asset Management Inc. grew its position in 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 buying an additional 82 shares during the last quarter. Kimelman & Baird LLC purchased a new position in Yum! Brands in the 2nd quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Yum! Brands during the 2nd quarter worth $39,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

YUM has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. TD Cowen reissued a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a report on Wednesday, November 6th. Redburn Atlantic lowered Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Loop Capital reduced their target price on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.94.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the transaction, the chief executive officer now directly owns 149,385 shares in the company, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 17,879 shares of company stock worth $2,424,167. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

YUM stock opened at $132.36 on Friday. Yum! Brands, Inc. has a 12 month low of $124.76 and a 12 month high of $143.20. The firm has a market capitalization of $36.94 billion, a PE ratio of 24.74, a P/E/G ratio of 2.37 and a beta of 1.10. The company’s 50 day simple moving average is $135.27 and its 200-day simple moving average is $134.33.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same quarter last year, the company posted $1.44 EPS. Yum! Brands’s quarterly revenue was up 6.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.47 earnings per share for the current year.

Yum! Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.02%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.

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.