Shepherd Financial Partners LLC Acquires Shares of 1,473 Yum! Brands, Inc. (NYSE:YUM)

Shepherd Financial Partners LLC acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,473 shares of the restaurant operator’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Manchester Capital Management LLC lifted its position in Yum! Brands by 165.7% during the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 116 shares during the period. Ruedi Wealth Management Inc. raised its position 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 purchasing an additional 83 shares during the last quarter. Crewe Advisors LLC purchased a new position in shares of Yum! Brands in the 1st quarter worth about $28,000. DiNuzzo Private Wealth Inc. raised 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 during the last quarter. Finally, Meeder Asset Management Inc. raised 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 worth $36,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors 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 value 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. In other news, CEO David W. Gibbs sold 7,005 shares of the firm’s 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 transaction, the chief executive officer now owns 152,634 shares in the company, valued at approximately $20,518,588.62. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Scott Catlett sold 8,234 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $137.79, for a total value of $1,134,562.86. Following the transaction, the insider now owns 29,159 shares in the company, valued at approximately $4,017,818.61. This represents 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 quarter. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 0.9 %

Shares of YUM opened at $132.34 on Friday. The company has a market cap of $37.21 billion, a PE ratio of 24.24, a P/E/G ratio of 2.06 and a beta of 1.10. The business has a fifty day moving average of $134.30 and a 200 day moving average of $134.92. Yum! Brands, Inc. has a 52-week low of $122.79 and a 52-week high of $143.20.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.02. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate 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 last year, the company earned $1.41 earnings per share. As a group, research analysts anticipate that Yum! Brands, Inc. will post 5.59 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

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

Wall Street Analysts Forecast Growth

YUM has been the subject of a number of recent research reports. Robert W. Baird boosted their price target on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Stifel Nicolaus cut their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. TD Cowen downgraded Yum! Brands from a “buy” rating to a “hold” rating and cut their price objective for the company from $156.00 to $145.00 in a research note on Wednesday, October 16th. Bank of America cut their price objective 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, Evercore ISI downgraded Yum! Brands from an “outperform” rating to an “inline” rating and cut their price objective for the company from $160.00 to $145.00 in a research note on Tuesday, July 16th. Ten 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, the company presently has a consensus rating of “Hold” and an average price target of $146.44.

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.