Metis Global Partners LLC Has $1.86 Million Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Metis Global Partners LLC grew its stake in shares of Yum! Brands, Inc. (NYSE:YUMFree Report) by 15.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 14,899 shares of the restaurant operator’s stock after buying an additional 2,012 shares during the quarter. Metis Global Partners LLC’s holdings in Yum! Brands were worth $1,861,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in YUM. BlackRock Inc. raised its holdings in shares of Yum! Brands by 16.8% during the second quarter. BlackRock Inc. now owns 24,692,484 shares of the restaurant operator’s stock valued at $3,421,144,000 after purchasing an additional 3,549,709 shares during the period. Norges Bank acquired a new position in shares of Yum! Brands during the fourth quarter valued at about $315,239,000. Capital International Investors raised its holdings in shares of Yum! Brands by 20.1% in the 2nd quarter. Capital International Investors now owns 13,169,962 shares of the restaurant operator’s stock worth $1,824,305,000 after acquiring an additional 2,207,942 shares during the last quarter. Moneta Group Investment Advisors LLC raised its holdings in shares of Yum! Brands by 75,766.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,640,982 shares of the restaurant operator’s stock worth $210,177,000 after acquiring an additional 1,638,819 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Yum! Brands by 98,557.0% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 985,583 shares of the restaurant operator’s stock worth $136,553,000 after acquiring an additional 984,584 shares during the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

Yum! Brands Trading Up 0.1 %

YUM opened at $130.62 on Wednesday. The company has a 50 day moving average of $128.87 and a 200 day moving average of $128.00. The company has a market cap of $36.61 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 1.84 and a beta of 1.07. Yum! Brands, Inc. has a 12 month low of $115.53 and a 12 month high of $143.24.

Yum! Brands (NYSE:YUMGet Free Report) last released its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $1.44 EPS for the quarter, topping the consensus estimate of $1.26 by $0.18. The company had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.77 billion. Yum! Brands had a net margin of 21.32% and a negative return on equity of 17.45%. Yum! Brands’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS. Research analysts forecast that Yum! Brands, Inc. will post 5.3 earnings per share for the current fiscal year.

Yum! Brands Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Investors of record on Wednesday, February 21st will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, February 20th. This is an increase from Yum! Brands’s previous quarterly dividend of $0.61. This represents a $2.68 annualized dividend and a yield of 2.05%. Yum! Brands’s dividend payout ratio (DPR) is 46.01%.

Analyst Ratings Changes

YUM has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Yum! Brands in a report on Thursday, October 19th. They issued a “hold” rating and a $131.00 target price on the stock. Citigroup upped their target price on shares of Yum! Brands from $155.00 to $164.00 and gave the stock a “buy” rating in a report on Monday. Royal Bank of Canada upped their target price on shares of Yum! Brands from $136.00 to $139.00 and gave the stock a “sector perform” rating in a report on Thursday, November 2nd. Redburn Atlantic restated a “neutral” rating and issued a $115.00 target price on shares of Yum! Brands in a report on Friday, October 20th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $135.00 target price on shares of Yum! Brands in a report on Thursday, January 4th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $145.71.

Get Our Latest Report on Yum! Brands

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 3,727 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $127.97, for a total value of $476,944.19. Following the sale, the chief executive officer now directly owns 57,325 shares in the company, valued at approximately $7,335,880.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Mark James King sold 9,600 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $126.60, for a total transaction of $1,215,360.00. Following the sale, the chief executive officer now owns 8,210 shares in the company, valued at approximately $1,039,386. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David W. Gibbs sold 3,727 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $127.97, for a total transaction of $476,944.19. Following the sale, the chief executive officer now owns 57,325 shares in the company, valued at approximately $7,335,880.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,875 shares of company stock valued at $2,671,222. Company insiders own 0.31% of the company’s stock.

Yum! Brands Company Profile

(Free Report)

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. It 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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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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