UMB Bank n.a. Sells 1,386 Shares of Yum! Brands, Inc. (NYSE:YUM)

UMB Bank n.a. cut its position in Yum! Brands, Inc. (NYSE:YUM) by 22.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,749 shares of the restaurant operator’s stock after selling 1,386 shares during the quarter. UMB Bank n.a.’s holdings in Yum! Brands were worth $637,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in YUM. Safe Harbor Fiduciary LLC purchased a new stake in Yum! Brands during the third quarter valued at about $29,000. 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 purchasing an additional 201 shares during the period. Kimelman & Baird LLC purchased a new stake in shares of Yum! Brands during the 2nd quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL bought a new position in Yum! Brands in the 2nd quarter worth approximately $39,000. Finally, Morse Asset Management Inc purchased a new position in Yum! Brands in the 3rd quarter valued at approximately $42,000. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Price Performance

NYSE:YUM opened at $125.64 on Wednesday. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $143.20. The business has a 50 day moving average of $133.62 and a 200 day moving average of $133.63. The company has a market capitalization of $35.06 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 2.00 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last announced 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 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% on a year-over-year basis. During the same period last year, the company posted $1.44 EPS. As a group, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.46 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.67 per share. The ex-dividend date was Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.13%. Yum! Brands’s dividend payout ratio (DPR) is currently 50.09%.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 3,815 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the transaction, the chief executive officer now directly owns 149,385 shares in the company, valued at $20,474,708.10. This trade represents a 2.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Morgan Stanley restated an “equal weight” rating and issued a $140.00 target price (down previously from $158.00) on shares of Yum! Brands in a research note on Tuesday. Oppenheimer upped their price target on Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Citigroup restated a “neutral” rating and issued a $141.00 price objective (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Finally, TD Cowen reiterated a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a research note on Wednesday, November 6th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $145.47.

About Yum! Brands

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.