Yum! Brands, Inc. (NYSE:YUM) Shares Purchased by Circle Wealth Management LLC

Circle Wealth Management LLC increased its position in shares of Yum! Brands, Inc. (NYSE:YUMGet Rating) by 111.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,014 shares of the restaurant operator’s stock after purchasing an additional 5,269 shares during the period. Circle Wealth Management LLC’s holdings in Yum! Brands were worth $1,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of YUM. Lansing Street Advisors acquired a new position in Yum! Brands in the first quarter valued at $25,000. Cornerstone Advisory LLC acquired a new position in Yum! Brands in the fourth quarter valued at $31,000. Riverview Trust Co acquired a new position in Yum! Brands in the first quarter valued at $31,000. CVA Family Office LLC boosted its stake in Yum! Brands by 43.6% in the first quarter. CVA Family Office LLC now owns 280 shares of the restaurant operator’s stock valued at $33,000 after acquiring an additional 85 shares in the last quarter. Finally, Tcwp LLC acquired a new stake in shares of Yum! Brands during the first quarter worth about $46,000. Institutional investors and hedge funds own 70.18% of the company’s stock.

Yum! Brands Stock Performance

Shares of NYSE YUM opened at $116.09 on Friday. Yum! Brands, Inc. has a 1 year low of $108.37 and a 1 year high of $139.85. The firm’s 50 day moving average price is $117.24 and its 200 day moving average price is $117.16. The firm has a market cap of $33.03 billion, a P/E ratio of 23.26, a price-to-earnings-growth ratio of 2.16 and a beta of 1.03.

Yum! Brands (NYSE:YUMGet Rating) last announced its earnings results on Wednesday, August 3rd. The restaurant operator reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.03). Yum! Brands had a negative return on equity of 15.45% and a net margin of 22.17%. During the same quarter last year, the business posted $1.16 EPS. As a group, equities analysts predict that Yum! Brands, Inc. will post 4.53 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Monday, August 29th were issued a $0.57 dividend. The ex-dividend date of this dividend was Friday, August 26th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.96%. Yum! Brands’s dividend payout ratio (DPR) is presently 45.69%.

Wall Street Analysts Forecast Growth

YUM has been the subject of several recent research reports. Argus downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, August 17th. Robert W. Baird set a $146.00 target price on shares of Yum! Brands in a research note on Tuesday, July 19th. Citigroup cut their price target on shares of Yum! Brands from $148.00 to $145.00 in a report on Thursday, July 21st. Barclays cut their price target on shares of Yum! Brands from $124.00 to $120.00 and set an “equal weight” rating for the company in a report on Thursday, June 9th. Finally, Sanford C. Bernstein assumed coverage on shares of Yum! Brands in a report on Wednesday. They set an “outperform” rating and a $144.00 price target for the company. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $137.93.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 4,454 shares of Yum! Brands stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $118.52, for a total value of $527,888.08. Following the transaction, the vice president now owns 17,266 shares in the company, valued at approximately $2,046,366.32. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Weir Mirian M. Graddick sold 1,215 shares of Yum! Brands stock in a transaction on Friday, August 12th. The shares were sold at an average price of $118.30, for a total transaction of $143,734.50. Following the transaction, the director now owns 1,233 shares in the company, valued at approximately $145,863.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David Eric Russell sold 4,454 shares of Yum! Brands stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $118.52, for a total transaction of $527,888.08. Following the transaction, the vice president now owns 17,266 shares in the company, valued at approximately $2,046,366.32. The disclosure for this sale can be found here. 0.37% of the stock is owned by company insiders.

About Yum! Brands

(Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company 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.

See Also

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

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