ICW Investment Advisors LLC Raises Stock Position in Yum! Brands, Inc. (NYSE:YUM)

ICW Investment Advisors LLC increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 7.8% during the 1st quarter, HoldingsChannel reports. The firm owned 13,317 shares of the restaurant operator’s stock after buying an additional 962 shares during the period. ICW Investment Advisors LLC’s holdings in Yum! Brands were worth $913,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vident Investment Advisory LLC raised its stake in shares of Yum! Brands by 45.9% during the 1st quarter. Vident Investment Advisory LLC now owns 8,388 shares of the restaurant operator’s stock worth $574,000 after acquiring an additional 2,640 shares in the last quarter. Piedmont Investment Advisors Inc. raised its stake in shares of Yum! Brands by 14.3% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 29,430 shares of the restaurant operator’s stock worth $2,017,000 after acquiring an additional 3,686 shares in the last quarter. Brightworth raised its stake in shares of Yum! Brands by 1.7% during the 1st quarter. Brightworth now owns 82,979 shares of the restaurant operator’s stock worth $5,687,000 after acquiring an additional 1,372 shares in the last quarter. HHM Wealth Advisors LLC bought a new position in shares of Yum! Brands during the 1st quarter worth approximately $54,000. Finally, Diversified Portfolios Inc. raised its stake in shares of Yum! Brands by 3.6% during the 1st quarter. Diversified Portfolios Inc. now owns 3,714 shares of the restaurant operator’s stock worth $255,000 after acquiring an additional 130 shares in the last quarter. Institutional investors own 75.00% of the company’s stock.

Several research firms recently commented on YUM. Morgan Stanley boosted their price objective on shares of Yum! Brands from $80.00 to $86.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. BMO Capital Markets boosted their target price on shares of Yum! Brands from $93.00 to $95.00 and gave the stock a “market perform” rating in a research report on Thursday, April 30th. Evercore ISI reissued a “buy” rating and set a $121.00 target price on shares of Yum! Brands in a research report on Sunday, February 9th. Wells Fargo & Co boosted their target price on shares of Yum! Brands from $85.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Finally, Robert W. Baird reissued a “buy” rating and set a $120.00 target price on shares of Yum! Brands in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $100.32.

NYSE:YUM traded up $1.46 during trading hours on Monday, reaching $91.19. 792,490 shares of the company were exchanged, compared to its average volume of 3,049,587. The stock’s 50-day moving average is $84.50 and its 200-day moving average is $92.11. The firm has a market cap of $27.01 billion, a PE ratio of 25.06, a price-to-earnings-growth ratio of 2.60 and a beta of 0.95. Yum! Brands, Inc. has a twelve month low of $54.95 and a twelve month high of $119.72.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.21 billion. Yum! Brands had a negative return on equity of 12.97% and a net margin of 19.89%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.82 earnings per share. As a group, research analysts anticipate that Yum! Brands, Inc. will post 2.8 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Thursday, May 28th. Yum! Brands’s dividend payout ratio is presently 52.96%.

In other Yum! Brands news, CEO David W. Gibbs sold 4,737 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $65.00, for a total transaction of $307,905.00. Following the completion of the transaction, the chief executive officer now directly owns 80,335 shares in the company, valued at $5,221,775. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 5,424 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $84.39, for a total transaction of $457,731.36. Following the transaction, the chief executive officer now owns 80,335 shares of the company’s stock, valued at $6,779,470.65. The disclosure for this sale can be found here. Insiders have sold 14,421 shares of company stock valued at $1,123,093 over the last 90 days. 0.72% of the stock is currently owned by company insiders.

About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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