DiNuzzo Private Wealth Inc. Purchases 201 Shares of Yum! Brands, Inc. (NYSE:YUM)

DiNuzzo Private Wealth Inc. raised its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 957.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 222 shares of the restaurant operator’s stock after acquiring an additional 201 shares during the quarter. DiNuzzo Private Wealth Inc.’s holdings in Yum! Brands were worth $31,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in YUM. Vanguard Group Inc. raised its holdings in shares of Yum! Brands by 24.0% during the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock valued at $4,022,648,000 after purchasing an additional 5,607,517 shares during the period. Capital World Investors raised its holdings in shares of Yum! Brands by 23.7% during the first quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock valued at $2,512,561,000 after purchasing an additional 3,470,883 shares during the period. Cantillon Capital Management LLC acquired a new stake in shares of Yum! Brands in the 1st quarter worth about $200,668,000. Capital International Investors raised its holdings in shares of Yum! Brands by 10.2% in the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock worth $2,033,906,000 after acquiring an additional 1,362,813 shares during the last quarter. Finally, TD Asset Management Inc raised its holdings in shares of Yum! Brands by 36.6% in the 1st quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock worth $301,498,000 after acquiring an additional 582,267 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the sale, the chief executive officer now owns 152,634 shares in the company, valued at $20,518,588.62. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the sale, the chief executive officer now owns 152,634 shares in the company, valued at $20,518,588.62. 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 is available at this hyperlink. Also, CEO David W. Gibbs sold 7,069 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $137.92, for a total value of $974,956.48. Following the sale, the chief executive officer now owns 159,132 shares in the company, valued at $21,947,485.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 101,673 shares of company stock worth $13,918,095 over the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Stifel Nicolaus lowered their target price 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 lowered shares of Yum! Brands from a “buy” rating to a “hold” rating and decreased their price objective for the company from $156.00 to $145.00 in a research note on Wednesday. Evercore ISI lowered Yum! Brands from an “outperform” rating to an “inline” rating and reduced their target price for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Yum! Brands has an average rating of “Hold” and a consensus target price of $144.56.

Yum! Brands Trading Up 0.3 %

Shares of NYSE YUM opened at $133.73 on Friday. The stock has a fifty day simple moving average of $135.07 and a two-hundred day simple moving average of $135.26. Yum! Brands, Inc. has a 1-year low of $118.28 and a 1-year high of $143.20. The firm has a market cap of $37.66 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.80 billion. During the same period in the prior year, the company earned $1.41 earnings per share. Analysts forecast that Yum! Brands, Inc. will post 5.61 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were given 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 2.00%. Yum! Brands’s dividend payout ratio is currently 47.52%.

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.