Captrust Financial Advisors Trims Holdings in Yum! Brands, Inc. (NYSE:YUM)

Captrust Financial Advisors reduced its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,719 shares of the restaurant operator’s stock after selling 1,556 shares during the period. Captrust Financial Advisors’ holdings in Yum! Brands were worth $12,954,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of YUM. Los Angeles Capital Management LLC lifted its holdings in shares of Yum! Brands by 5,077.1% during the third quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock valued at $25,445,000 after purchasing an additional 178,612 shares during the last quarter. International Assets Investment Management LLC raised its stake in Yum! Brands by 14,151.9% during the third quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock valued at $20,708,000 after buying an additional 147,180 shares during the last quarter. Legal & General Group Plc boosted its holdings in Yum! Brands by 3.4% in the second quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock worth $419,123,000 after acquiring an additional 104,328 shares in the last quarter. AMF Tjanstepension AB purchased a new stake in shares of Yum! Brands in the second quarter worth $12,846,000. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Yum! Brands by 140.1% during the second quarter. Canada Pension Plan Investment Board now owns 126,550 shares of the restaurant operator’s stock valued at $16,763,000 after acquiring an additional 73,844 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Trading Down 0.3 %

Shares of NYSE YUM opened at $138.94 on Monday. Yum! Brands, Inc. has a 12-month low of $123.70 and a 12-month high of $143.20. The firm has a market capitalization of $38.77 billion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 2.40 and a beta of 1.10. The firm has a 50 day moving average of $135.15 and a 200 day moving average of $134.51.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The company’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 EPS. Sell-side analysts predict that Yum! Brands, Inc. will post 5.47 EPS for the current year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.93%. Yum! Brands’s payout ratio is currently 50.09%.

Insider Activity at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction that occurred on Tuesday, October 15th. The shares were 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. The trade was a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 21,069 shares of company stock worth $2,842,965. 0.31% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently commented on YUM. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Robert W. Baird raised their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Loop Capital lowered their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their price target on Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $145.94.

Yum! Brands Company 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.