Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Mission Creek Capital Partners Inc.

Mission Creek Capital Partners Inc. lessened its position in Yum! Brands, Inc. (NYSE:YUM) by 16.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,088 shares of the restaurant operator’s stock after selling 414 shares during the period. Mission Creek Capital Partners Inc.’s holdings in Yum! Brands were worth $292,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of YUM. DiNuzzo Private Wealth Inc. raised its position in shares of Yum! Brands by 957.1% in the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 201 shares during the last quarter. Meeder Asset Management Inc. raised its position in shares of Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 82 shares during the last quarter. Kimelman & Baird LLC acquired a new position in shares of Yum! Brands in the second quarter valued at approximately $37,000. Iron Horse Wealth Management LLC raised its position in shares of Yum! Brands by 3,088.9% in the second quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 278 shares during the last quarter. Finally, Horizons Wealth Management acquired a new position in shares of Yum! Brands in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on YUM shares. Loop Capital cut their price objective on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. TD Cowen restated a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th. Robert W. Baird boosted their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $145.94.

Yum! Brands Trading Up 0.3 %

Shares of YUM stock opened at $138.16 on Thursday. The company has a market capitalization of $38.56 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.10. The firm has a fifty day simple moving average of $135.50 and a 200-day simple moving average of $134.49. Yum! Brands, Inc. has a twelve month low of $123.70 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. Yum! Brands’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.44 earnings per share. Equities research analysts predict that Yum! Brands, Inc. will post 5.47 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be issued a $0.67 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.68 annualized dividend and a yield of 1.94%. Yum! Brands’s dividend payout ratio is presently 50.09%.

Insider Activity at Yum! Brands

In related news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now directly owns 152,634 shares of the company’s stock, valued at $20,518,588.62. This represents a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 21,069 shares of company stock valued at $2,842,965 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Profile

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.