Capital Advisors Ltd. LLC Lowers Position in Yum! Brands, Inc. (NYSE:YUM)

Capital Advisors Ltd. LLC decreased its position in Yum! Brands, Inc. (NYSE:YUM) by 12.3% in the third quarter, Holdings Channel.com reports. The firm owned 820 shares of the restaurant operator’s stock after selling 115 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Yum! Brands were worth $115,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ruedi Wealth Management Inc. increased its stake in shares of Yum! Brands by 79.8% in the 1st quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 83 shares in the last quarter. Manchester Capital Management LLC grew its holdings 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 purchasing an additional 116 shares during the period. Redmont Wealth Advisors LLC bought a new position in shares of Yum! Brands during the first quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new position in shares of Yum! Brands during the first quarter valued at approximately $28,000. Finally, DiNuzzo Private Wealth Inc. boosted its position in shares of Yum! Brands by 957.1% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Activity at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,069 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total value 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $137.92, for a total value of $974,956.48. Following the completion of the transaction, 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 document filed with the SEC, which is available through the SEC website. Also, CEO Sabir Sami sold 71,051 shares of the stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the sale, the chief executive officer now directly owns 68 shares of the company’s stock, valued at approximately $9,326.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 101,673 shares of company stock worth $13,918,095. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on YUM. TD Cowen cut 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 note on Wednesday, October 16th. Robert W. Baird raised their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Evercore ISI cut Yum! Brands from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $160.00 to $145.00 in a research report on Tuesday, July 16th. Bank of America decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $146.44.

Yum! Brands Stock Performance

NYSE YUM opened at $133.04 on Monday. The business’s fifty day moving average is $134.66 and its 200 day moving average is $135.04. Yum! Brands, Inc. has a fifty-two week low of $118.28 and a fifty-two week high of $143.20. The company has a market capitalization of $37.41 billion, a PE ratio of 24.37, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. The firm had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same period in the previous year, the firm earned $1.41 EPS. On average, sell-side analysts forecast that Yum! Brands, Inc. will post 5.59 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders 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 2.01%. Yum! Brands’s payout ratio is 49.08%.

About Yum! Brands

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.