Baker Tilly Wealth Management LLC Increases Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Baker Tilly Wealth Management LLC increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 13.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,328 shares of the restaurant operator’s stock after acquiring an additional 401 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Yum! Brands were worth $465,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators raised its position in Yum! Brands by 3.9% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock valued at $271,000 after purchasing an additional 76 shares during the period. Legacy Financial Advisors Inc. raised its holdings in shares of Yum! Brands by 2.2% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock valued at $458,000 after buying an additional 76 shares during the period. Wesbanco Bank Inc. grew its position in Yum! Brands by 1.9% in the 2nd quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock valued at $552,000 after acquiring an additional 78 shares in the last quarter. Diversified Trust Co increased its stake in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after purchasing an additional 79 shares during the period. Finally, Choreo LLC lifted its position in shares of Yum! Brands by 1.6% during the first quarter. Choreo LLC now owns 5,312 shares of the restaurant operator’s stock worth $737,000 after purchasing an additional 82 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Stock Performance

NYSE YUM opened at $133.04 on Monday. The firm’s fifty day moving average is $134.66 and its two-hundred day moving average is $135.04. Yum! Brands, Inc. has a one year low of $118.28 and a one year high of $143.20. The firm has a market cap of $37.41 billion, a PE ratio of 24.37, a P/E/G ratio of 2.09 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same period last year, the business posted $1.41 EPS. Research analysts predict that Yum! Brands, Inc. will post 5.59 earnings per share for the current year.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio (DPR) is presently 49.08%.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the transaction, the chief executive officer now directly owns 152,634 shares of the company’s stock, valued at $20,518,588.62. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now owns 152,634 shares of the company’s stock, valued at $20,518,588.62. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sabir Sami sold 71,051 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $137.16, for a total value of $9,745,355.16. Following the completion of the transaction, the chief executive officer now owns 68 shares of the company’s stock, valued at $9,326.88. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 101,673 shares of company stock worth $13,918,095. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

YUM has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Robert W. Baird increased their price objective on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Bank of America lowered their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. increased their price target on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Finally, Evercore ISI lowered shares of Yum! Brands from an “outperform” rating to an “inline” rating and cut their target price for the stock from $160.00 to $145.00 in a research note on Tuesday, July 16th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $146.44.

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.