Dover Advisors LLC Sells 200 Shares of Yum! Brands, Inc. (NYSE:YUM)

Dover Advisors LLC decreased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 9.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,860 shares of the restaurant operator’s stock after selling 200 shares during the quarter. Dover Advisors LLC’s holdings in Yum! Brands were worth $260,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Manchester Capital Management LLC lifted its holdings in shares of Yum! Brands by 165.7% in the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 116 shares in the last quarter. Ruedi Wealth Management Inc. boosted its position in Yum! Brands by 79.8% during 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 during the last quarter. Redmont Wealth Advisors LLC acquired a new position in Yum! Brands during the 1st quarter worth approximately $28,000. Crewe Advisors LLC bought a new position in shares of Yum! Brands during the 1st quarter worth approximately $28,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their target price on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Morgan Stanley decreased their price target on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research note on Tuesday, July 16th. Robert W. Baird upped their price objective on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. 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 report on Tuesday, July 16th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Yum! Brands presently has an average rating of “Hold” and an average price target of $145.25.

Yum! Brands Stock Performance

Shares of NYSE YUM traded down $1.43 during trading hours on Tuesday, reaching $133.22. 1,412,371 shares of the stock were exchanged, compared to its average volume of 1,960,968. The stock’s fifty day simple moving average is $135.27 and its 200 day simple moving average is $135.32. The firm has a market capitalization of $37.52 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 2.04 and a beta of 1.08. Yum! Brands, Inc. has a 52 week low of $117.11 and a 52 week high of $143.20.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the firm earned $1.41 earnings per share. Research analysts predict that Yum! Brands, Inc. will post 5.61 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were issued 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 dividend payout ratio is presently 47.52%.

Insider Activity

In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the completion of the sale, the chief executive officer now directly owns 68 shares in the company, valued at $9,326.88. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 94,668 shares of company stock worth $12,976,413. Corporate 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.