Pure Financial Advisors LLC Sells 928 Shares of Yum! Brands, Inc. (NYSE:YUM)

Pure Financial Advisors LLC lowered its position in Yum! Brands, Inc. (NYSE:YUM) by 21.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,475 shares of the restaurant operator’s stock after selling 928 shares during the quarter. Pure Financial Advisors LLC’s holdings in Yum! Brands were worth $466,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Diversified Trust Co boosted its position in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after acquiring an additional 79 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in shares of Yum! Brands by 7.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock worth $186,000 after purchasing an additional 92 shares during the last quarter. Occidental Asset Management LLC grew its position in shares of Yum! Brands by 2.5% in the third quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator’s stock valued at $542,000 after purchasing an additional 96 shares in the last quarter. Graypoint LLC increased its holdings in shares of Yum! Brands by 1.7% in the fourth quarter. Graypoint LLC now owns 5,902 shares of the restaurant operator’s stock valued at $792,000 after purchasing an additional 97 shares during the last quarter. Finally, Centennial Bank AR lifted its position in Yum! Brands by 5.4% during the second quarter. Centennial Bank AR now owns 1,945 shares of the restaurant operator’s stock worth $258,000 after buying an additional 100 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Price Performance

Shares of NYSE:YUM opened at $125.64 on Wednesday. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $143.20. The stock has a market cap of $35.06 billion, a P/E ratio of 23.48, a P/E/G ratio of 2.00 and a beta of 1.11. The firm has a fifty day moving average price of $133.62 and a 200 day moving average price of $133.63.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.44 EPS. Sell-side analysts expect that Yum! Brands, Inc. will post 5.46 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.13%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s dividend payout ratio (DPR) is presently 50.09%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft dropped 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. Citigroup restated a “neutral” rating and set a $141.00 price objective (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Morgan Stanley reiterated an “equal weight” rating and issued a $140.00 target price (down from $158.00) on shares of Yum! Brands in a report on Tuesday. Bank of America cut their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Finally, Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.47.

Insider Buying and Selling

In other news, CEO David W. Gibbs sold 3,815 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the sale, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Company 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.