Pure Financial Advisors LLC Boosts Holdings in Yum! Brands, Inc. (NYSE:YUM)

Pure Financial Advisors LLC boosted its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 25.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,403 shares of the restaurant operator’s stock after purchasing an additional 903 shares during the period. Pure Financial Advisors LLC’s holdings in Yum! Brands were worth $615,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Yum! Brands by 24.0% during the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after acquiring an additional 5,607,517 shares during the period. Capital World Investors grew its stake in shares of Yum! Brands by 23.7% during the 1st quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock worth $2,512,561,000 after purchasing an additional 3,470,883 shares during the period. Capital International Investors increased its holdings in shares of Yum! Brands by 10.2% during the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock valued at $2,033,906,000 after purchasing an additional 1,362,813 shares in the last quarter. Sustainable Growth Advisers LP lifted its stake in shares of Yum! Brands by 2.1% in the 1st quarter. Sustainable Growth Advisers LP now owns 5,939,663 shares of the restaurant operator’s stock valued at $823,534,000 after purchasing an additional 121,285 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Yum! Brands by 3.4% during the second quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock worth $419,123,000 after buying an additional 104,328 shares in the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling

In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of Yum! Brands stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total value of $9,745,355.16. Following the sale, the chief executive officer now owns 68 shares in the company, valued at $9,326.88. The trade was 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 through the SEC website. In related news, CEO David W. Gibbs sold 7,069 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total transaction of $974,956.48. Following the completion of the transaction, the chief executive officer now owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sabir Sami sold 71,051 shares of the business’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total value 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 approximately $9,326.88. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 101,673 shares of company stock worth $13,918,095. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 0.9 %

Shares of NYSE:YUM opened at $132.34 on Monday. Yum! Brands, Inc. has a 52-week low of $122.79 and a 52-week high of $143.20. The stock has a market cap of $37.21 billion, a P/E ratio of 24.24, a PEG ratio of 2.06 and a beta of 1.10. The business has a fifty day moving average of $134.30 and a two-hundred day moving average of $134.87.

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

Yum! Brands Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on YUM shares. TD Cowen cut shares of 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 report on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft upped their price target on Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. 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 report on Tuesday, October 22nd. Morgan Stanley decreased their target price on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Finally, Robert W. Baird boosted their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus 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.