Yum! Brands, Inc. (NYSE:YUM) Shares Acquired by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates increased its holdings in Yum! Brands, Inc. (NYSE:YUM) by 649.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 367 shares of the restaurant operator’s stock after acquiring an additional 318 shares during the quarter. Global Wealth Strategies & Associates’ holdings in Yum! Brands were worth $49,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of YUM. Safe Harbor Fiduciary LLC purchased a new stake in shares of Yum! Brands in the third quarter valued at about $29,000. DiNuzzo Private Wealth Inc. lifted its position in Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 201 shares during the period. Meeder Asset Management Inc. grew its stake in shares of Yum! Brands by 43.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 82 shares during the last quarter. Kimelman & Baird LLC purchased a new stake in shares of Yum! Brands during the second quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of Yum! Brands during the second quarter worth $39,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,059 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $135.94, for a total value of $959,600.46. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,307,396.90. This trade represents a 4.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 17,879 shares of company stock worth $2,424,167 over the last ninety days. 0.31% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on YUM shares. TD Cowen restated a “hold” rating and set a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Deutsche Bank Aktiengesellschaft dropped their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Loop Capital dropped their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $146.44.

Yum! Brands Trading Down 0.3 %

NYSE YUM traded down $0.39 during trading hours on Thursday, reaching $133.77. 671,452 shares of the company traded hands, compared to its average volume of 1,903,063. The stock has a market capitalization of $37.33 billion, a PE ratio of 25.00, a PEG ratio of 2.37 and a beta of 1.10. Yum! Brands, Inc. has a 12 month low of $124.76 and a 12 month high of $143.20. The company has a 50 day moving average of $135.40 and a two-hundred day moving average of $134.11.

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

Yum! Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s dividend payout ratio is currently 50.09%.

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.