B.O.S.S. Retirement Advisors LLC Buys 3,301 Shares of Yum! Brands, Inc. (NYSE:YUM)

by · The Cerbat Gem

B.O.S.S. Retirement Advisors LLC grew its stake in Yum! Brands, Inc. (NYSE:YUM – Free Report) by 14.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,826 shares of the restaurant operator’s stock after purchasing an additional 3,301 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in Yum! Brands were worth $3,748,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Yum! Brands by 24.0% in the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock valued at $4,022,648,000 after purchasing an additional 5,607,517 shares in the last quarter. Capital World Investors lifted its holdings in shares of Yum! Brands by 23.7% in the first quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock valued at $2,512,561,000 after purchasing an additional 3,470,883 shares in the last quarter. Capital International Investors lifted its holdings in shares of Yum! Brands by 10.2% in the first quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock valued at $2,033,906,000 after purchasing an additional 1,362,813 shares in the last quarter. Sustainable Growth Advisers LP lifted its holdings in shares of Yum! Brands by 2.1% in the first quarter. Sustainable Growth Advisers LP now owns 5,939,663 shares of the restaurant operator’s stock valued at $823,534,000 after purchasing an additional 121,285 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Yum! Brands by 3.4% in the second quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after purchasing an additional 104,328 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,069 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $137.92, for a total transaction of $974,956.48. Following the completion of the transaction, the chief executive officer now directly owns 159,132 shares in the company, valued at $21,947,485.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the transaction, the chief executive officer now directly owns 155,883 shares in the company, valued at approximately $20,955,351.69. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $137.92, for a total value of $974,956.48. Following the completion of the transaction, the chief executive officer now owns 159,132 shares of the company’s stock, valued at $21,947,485.44. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 101,673 shares of company stock worth $13,918,095 over the last ninety days. 0.31% of the stock is owned by corporate insiders.

Yum! Brands Stock Performance

Shares of NYSE YUM opened at $133.35 on Thursday. Yum! Brands, Inc. has a fifty-two week low of $118.28 and a fifty-two week high of $143.20. The stock has a fifty day moving average of $135.14 and a 200-day moving average of $135.27. The stock has a market cap of $37.49 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08.

Yum! Brands (NYSE:YUM – Get Free Report) last posted its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, topping the consensus estimate of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the previous year, the business earned $1.41 earnings per share. On average, sell-side analysts predict that Yum! Brands, Inc. will post 5.61 EPS for the current year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.01%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s payout ratio is 49.08%.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of recent analyst reports. Stifel Nicolaus dropped their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. TD Cowen lowered Yum! Brands from a “buy” rating to a “hold” rating and dropped their price target for the stock from $156.00 to $145.00 in a report on Wednesday. Morgan Stanley dropped their price target on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a report on Tuesday, July 16th. Robert W. Baird lifted their price target on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $144.56.

Check Out Our Latest Stock Analysis on YUM

Yum! Brands Profile

(Free Report)

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.

Further Reading

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