Yum! Brands, Inc. $YUM Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC cut its holdings in Yum! Brands, Inc. (NYSE:YUM) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,167 shares of the restaurant operator’s stock after selling 849 shares during the period. Stratos Wealth Advisors LLC’s holdings in Yum! Brands were worth $3,877,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. HFM Investment Advisors LLC purchased a new position in shares of Yum! Brands during the first quarter worth about $25,000. Greykasell Wealth Strategies Inc. purchased a new position in shares of Yum! Brands during the first quarter worth about $25,000. Manchester Capital Management LLC grew its holdings in shares of Yum! Brands by 78.0% during the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 71 shares during the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Yum! Brands during the second quarter worth about $29,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Yum! Brands during the first quarter worth about $32,000. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Yum! Brands news, COO Tracy L. Skeans sold 12,220 shares of Yum! Brands stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $148.24, for a total value of $1,811,492.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Scott Mezvinsky sold 275 shares of Yum! Brands stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $152.59, for a total value of $41,962.25. Following the completion of the sale, the chief executive officer directly owned 1,755 shares in the company, valued at $267,795.45. This represents a 13.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,078 shares of company stock worth $4,304,785 over the last quarter. 0.33% of the stock is owned by company insiders.

Analysts Set New Price Targets

YUM has been the topic of several research reports. Sanford C. Bernstein set a $164.00 price objective on Yum! Brands in a report on Tuesday, August 5th. TD Cowen dropped their price objective on Yum! Brands from $158.00 to $156.00 and set a “hold” rating on the stock in a report on Tuesday, August 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Yum! Brands in a report on Wednesday, October 8th. Morgan Stanley lowered their price target on Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Finally, Evercore ISI lowered their price target on Yum! Brands from $170.00 to $165.00 and set an “in-line” rating on the stock in a report on Wednesday, August 6th. Eleven research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $161.48.

Yum! Brands Stock Up 1.3%

NYSE YUM opened at $145.25 on Friday. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The business’s 50-day moving average price is $147.14 and its 200 day moving average price is $146.39. The firm has a market cap of $40.31 billion, a P/E ratio of 28.65, a P/E/G ratio of 2.22 and a beta of 0.72.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the business earned $1.35 EPS. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum! Brands’s payout ratio is currently 56.02%.

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.