Grandfield & Dodd LLC Makes New $205,000 Investment in Yum! Brands, Inc. (NYSE:YUM)

Grandfield & Dodd LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUMFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,568 shares of the restaurant operator’s stock, valued at approximately $205,000.

A number of other large investors have also recently modified their holdings of YUM. Northwestern Mutual Wealth Management Co. increased its holdings in Yum! Brands by 0.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,079 shares of the restaurant operator’s stock worth $2,828,000 after purchasing an additional 77 shares in the last quarter. Global Retirement Partners LLC boosted its position in shares of Yum! Brands by 14.1% during the 4th quarter. Global Retirement Partners LLC now owns 631 shares of the restaurant operator’s stock valued at $82,000 after purchasing an additional 78 shares in the last quarter. Perigon Wealth Management LLC raised its stake in Yum! Brands by 1.0% during the 4th quarter. Perigon Wealth Management LLC now owns 8,003 shares of the restaurant operator’s stock worth $1,046,000 after buying an additional 81 shares during the period. Claro Advisors LLC raised its stake in shares of Yum! Brands by 0.9% in the fourth quarter. Claro Advisors LLC now owns 8,847 shares of the restaurant operator’s stock worth $1,156,000 after purchasing an additional 83 shares during the last quarter. Finally, Belpointe Asset Management LLC raised its stake in shares of Yum! Brands by 3.5% in the first quarter. Belpointe Asset Management LLC now owns 2,607 shares of the restaurant operator’s stock worth $344,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Price Performance

NYSE YUM opened at $138.50 on Friday. The stock has a market capitalization of $38.99 billion, a PE ratio of 24.78, a PEG ratio of 2.19 and a beta of 1.10. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.24. The business’s 50-day moving average is $137.22 and its 200 day moving average is $130.22.

Yum! Brands (NYSE:YUMGet Free Report) last posted its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.13). The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.31 earnings per share. As a group, equities research analysts anticipate that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Yum! Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.94%. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. The ex-dividend date was Tuesday, February 20th. Yum! Brands’s payout ratio is presently 47.94%.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the sale, the vice president now directly owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the sale, the vice president now directly owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,078 shares of Yum! Brands stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the sale, the chief executive officer now directly owns 172,128 shares in the company, valued at $23,817,351.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,064 shares of company stock valued at $3,228,698. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

YUM has been the subject of a number of research analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and set a $135.00 price target on shares of Yum! Brands in a research report on Thursday, January 4th. Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Citigroup raised their price target on Yum! Brands from $164.00 to $166.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Finally, Royal Bank of Canada dropped their price objective on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $145.00.

Read Our Latest Analysis on YUM

About Yum! Brands

(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.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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