Yum! Brands, Inc. $YUM Stock Holdings Lifted by Personal CFO Solutions LLC

Personal CFO Solutions LLC increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 50.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,202 shares of the restaurant operator’s stock after acquiring an additional 2,418 shares during the quarter. Personal CFO Solutions LLC’s holdings in Yum! Brands were worth $1,067,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Yum! Brands by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 34,557,612 shares of the restaurant operator’s stock worth $5,120,747,000 after purchasing an additional 448,393 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Yum! Brands by 2.7% in the second quarter. Geode Capital Management LLC now owns 8,216,042 shares of the restaurant operator’s stock worth $1,217,826,000 after buying an additional 218,046 shares during the period. Magellan Asset Management Ltd grew its holdings in shares of Yum! Brands by 35.9% during the second quarter. Magellan Asset Management Ltd now owns 2,306,932 shares of the restaurant operator’s stock valued at $341,841,000 after buying an additional 609,223 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Yum! Brands by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,098,801 shares of the restaurant operator’s stock valued at $330,267,000 after buying an additional 53,326 shares in the last quarter. Finally, Cantillon Capital Management LLC raised its position in Yum! Brands by 13.1% during the second quarter. Cantillon Capital Management LLC now owns 2,063,179 shares of the restaurant operator’s stock valued at $305,722,000 after buying an additional 238,615 shares during the period. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Analysts Set New Price Targets

YUM has been the subject of a number of research reports. Gordon Haskett upgraded Yum! Brands to a “hold” rating in a research report on Wednesday, November 5th. Morgan Stanley set a $165.00 price target on shares of Yum! Brands in a research report on Tuesday, October 21st. Evercore ISI raised shares of Yum! Brands from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $165.00 to $180.00 in a research report on Wednesday, November 5th. Stifel Nicolaus set a $160.00 price objective on shares of Yum! Brands in a research note on Monday. Finally, Royal Bank Of Canada initiated coverage on shares of Yum! Brands in a research report on Wednesday, October 8th. They issued a “sector perform” rating and a $165.00 target price for the company. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Yum! Brands presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.38.

Yum! Brands Stock Performance

Shares of YUM opened at $149.08 on Friday. The firm has a market cap of $41.39 billion, a PE ratio of 29.40, a PEG ratio of 2.08 and a beta of 0.73. The firm’s 50 day moving average price is $147.03 and its 200 day moving average price is $146.32. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, November 4th. The restaurant operator reported $1.58 EPS for the quarter, topping the consensus estimate of $1.46 by $0.12. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the previous year, the firm posted $1.37 earnings per share. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Tuesday, December 2nd will be issued a $0.71 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $2.84 dividend on an annualized basis and a yield of 1.9%. Yum! Brands’s dividend payout ratio is currently 55.36%.

Insider Activity

In other news, CEO Scott Mezvinsky sold 1,755 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $148.81, for a total transaction of $261,161.55. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Erika Burkhardt sold 1,269 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $149.37, for a total value of $189,550.53. Following the completion of the transaction, the insider directly owned 64 shares in the company, valued at $9,559.68. The trade was a 95.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 37,870 shares of company stock valued at $5,657,495. Corporate insiders own 0.33% of the company’s stock.

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.