Brighton Jones LLC Purchases 583 Shares of Yum! Brands, Inc. (NYSE:YUM)

Brighton Jones LLC boosted its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 8.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,861 shares of the restaurant operator’s stock after acquiring an additional 583 shares during the quarter. Brighton Jones LLC’s holdings in Yum! Brands were worth $1,055,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC bought a new stake in shares of Yum! Brands in the 3rd quarter valued at about $29,000. DiNuzzo Private Wealth Inc. raised its stake in 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 period. Kimelman & Baird LLC bought a new stake in Yum! Brands in the second quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Yum! Brands in the second quarter valued at approximately $39,000. Finally, Morse Asset Management Inc bought a new position in shares of Yum! Brands during the 3rd quarter worth approximately $42,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Sanford C. Bernstein downgraded Yum! Brands from an “outperform” rating to a “market perform” rating and cut their price target for the company from $140.00 to $135.00 in a report on Wednesday. Oppenheimer lifted their target price on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Bank of America lowered their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. Loop Capital reduced their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, TD Cowen reiterated a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a research note on Wednesday, November 6th. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $144.89.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $135.94, for a total transaction 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. The trade was a 4.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.

Yum! Brands Trading Up 1.0 %

Shares of Yum! Brands stock opened at $128.31 on Friday. The company has a market cap of $35.81 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 2.02 and a beta of 1.11. The company has a 50 day moving average of $132.96 and a 200-day moving average of $133.51. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $143.20.

Yum! Brands (NYSE:YUM) last released 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). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the company earned $1.44 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Research analysts forecast that Yum! Brands, Inc. will post 5.46 earnings per share for the current year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s dividend payout ratio is presently 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.