Evermay Wealth Management LLC Sells 190 Shares of Yum! Brands, Inc. (NYSE:YUM)

Evermay Wealth Management LLC lowered its stake in Yum! Brands, Inc. (NYSE:YUM) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,544 shares of the restaurant operator’s stock after selling 190 shares during the quarter. Evermay Wealth Management LLC’s holdings in Yum! Brands were worth $1,280,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in YUM. Safe Harbor Fiduciary LLC acquired a new position in shares of Yum! Brands in the third quarter valued at $29,000. DiNuzzo Private Wealth Inc. lifted its stake in Yum! Brands by 957.1% during the third 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. Morse Asset Management Inc acquired a new position in Yum! Brands during the 3rd quarter worth approximately $42,000. Global Wealth Strategies & Associates raised its position in Yum! Brands by 649.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 367 shares of the restaurant operator’s stock valued at $49,000 after purchasing an additional 318 shares during the last quarter. Finally, Bruce G. Allen Investments LLC lifted its holdings in shares of Yum! Brands by 44.6% during the third quarter. Bruce G. Allen Investments LLC now owns 441 shares of the restaurant operator’s stock worth $62,000 after purchasing an additional 136 shares during the period. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Down 0.2 %

YUM opened at $130.48 on Friday. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $143.20. The stock has a market capitalization of $36.41 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 2.11 and a beta of 1.11. The firm has a 50 day moving average price of $132.60 and a 200-day moving average price of $133.55.

Yum! Brands (NYSE:YUM) last issued 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 business had revenue of $1.83 billion during 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 company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.44 EPS. As a group, analysts expect that Yum! Brands, Inc. will post 5.46 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on YUM shares. Sanford C. Bernstein downgraded Yum! Brands from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $140.00 to $135.00 in a research note on Wednesday, January 22nd. TD Cowen reiterated a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research note on Wednesday, November 6th. Bank of America lowered their price objective on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Argus upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a report on Tuesday, December 31st. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Thirteen investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $144.89.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of Yum! Brands stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the completion of the transaction, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. The trade was a 2.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is owned by company insiders.

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.