Orion Portfolio Solutions LLC Has $14.93 Million Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Orion Portfolio Solutions LLC decreased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,891 shares of the restaurant operator’s stock after selling 2,830 shares during the period. Orion Portfolio Solutions LLC’s holdings in Yum! Brands were worth $14,934,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Czech National Bank increased its holdings in Yum! Brands by 8.5% in the second quarter. Czech National Bank now owns 53,667 shares of the restaurant operator’s stock worth $7,109,000 after buying an additional 4,225 shares during the last quarter. Sapient Capital LLC increased its stake in shares of Yum! Brands by 31.6% during the 2nd quarter. Sapient Capital LLC now owns 3,412 shares of the restaurant operator’s stock worth $452,000 after purchasing an additional 819 shares during the last quarter. Occidental Asset Management LLC raised its holdings in shares of Yum! Brands by 3.9% during the 2nd quarter. Occidental Asset Management LLC now owns 3,784 shares of the restaurant operator’s stock valued at $501,000 after purchasing an additional 141 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Yum! Brands by 4.3% in the second quarter. Sequoia Financial Advisors LLC now owns 13,580 shares of the restaurant operator’s stock worth $1,799,000 after purchasing an additional 564 shares in the last quarter. Finally, Voisard Asset Management Group Inc. increased its position in Yum! Brands by 3,076.9% during the second quarter. Voisard Asset Management Group Inc. now owns 413 shares of the restaurant operator’s stock worth $55,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Yum! Brands Price Performance

Shares of Yum! Brands stock opened at $137.63 on Friday. Yum! Brands, Inc. has a 52-week low of $123.70 and a 52-week high of $143.20. The firm has a market capitalization of $38.41 billion, a PE ratio of 25.73, a price-to-earnings-growth ratio of 2.38 and a beta of 1.10. The company’s fifty day moving average price is $135.46 and its two-hundred day moving average price is $134.46.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.44 EPS. Analysts predict that Yum! Brands, Inc. will post 5.47 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.68 annualized dividend and a dividend yield of 1.95%. Yum! Brands’s dividend payout ratio (DPR) is presently 50.09%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on YUM. Deutsche Bank Aktiengesellschaft reduced their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Bank of America dropped their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. JPMorgan Chase & Co. raised their price target on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Finally, Loop Capital cut their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and an average target price of $145.94.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were 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 approximately $20,518,588.62. The trade was a 4.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 21,069 shares of company stock worth $2,842,965 over the last three months. Company insiders own 0.31% of the company’s stock.

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.