Rehmann Capital Advisory Group Acquires 203 Shares of Yum! Brands, Inc. (NYSE:YUM)

Rehmann Capital Advisory Group increased its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,392 shares of the restaurant operator’s stock after buying an additional 203 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Yum! Brands were worth $992,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Voleon Capital Management LP acquired a new stake in shares of Yum! Brands in the 4th quarter valued at approximately $915,000. AQR Capital Management LLC lifted its stake in Yum! Brands by 2.1% in the 4th quarter. AQR Capital Management LLC now owns 66,562 shares of the restaurant operator’s stock valued at $8,930,000 after purchasing an additional 1,369 shares during the last quarter. Lido Advisors LLC boosted its position in Yum! Brands by 36.7% in the fourth quarter. Lido Advisors LLC now owns 19,417 shares of the restaurant operator’s stock valued at $2,605,000 after buying an additional 5,213 shares in the last quarter. Northern Trust Corp grew its stake in shares of Yum! Brands by 20.4% during the fourth quarter. Northern Trust Corp now owns 3,545,872 shares of the restaurant operator’s stock worth $475,714,000 after buying an additional 601,361 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new position in shares of Yum! Brands during the fourth quarter worth $14,218,000. 82.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on YUM. Cowen restated a “hold” rating on shares of Yum! Brands in a research report on Wednesday, March 5th. Stifel Nicolaus boosted their price target on Yum! Brands from $130.00 to $148.00 and gave the stock a “hold” rating in a report on Friday, February 28th. Piper Sandler raised their price objective on shares of Yum! Brands from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, April 3rd. UBS Group boosted their target price on shares of Yum! Brands from $156.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Robert W. Baird dropped their price target on shares of Yum! Brands from $176.00 to $174.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. Sixteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $153.52.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 30,604 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the completion of the sale, the chief executive officer now directly owns 160,296 shares of the company’s stock, valued at approximately $25,560,800.16. The trade was a 16.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP David Eric Russell sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total value of $793,300.00. Following the completion of the sale, the vice president now directly owns 11,960 shares of the company’s stock, valued at approximately $1,897,573.60. This trade represents a 29.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,271 shares of company stock worth $8,706,576. Insiders own 0.33% of the company’s stock.

Yum! Brands Trading Up 1.9 %

Shares of NYSE YUM opened at $150.49 on Thursday. The firm has a market capitalization of $41.91 billion, a P/E ratio of 28.83, a P/E/G ratio of 2.31 and a beta of 0.90. The firm’s 50-day moving average price is $151.92 and its 200-day moving average price is $140.78. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.01. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.85 billion. Yum! Brands had a negative return on equity of 20.33% and a net margin of 19.68%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.15 EPS. Equities research analysts forecast that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Friday, February 21st. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. Yum! Brands’s payout ratio is 54.41%.

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.