1,627 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by Team Hewins LLC

Team Hewins LLC acquired a new stake in Yum! Brands, Inc. (NYSE:YUM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,627 shares of the restaurant operator’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Naples Money Management LLC acquired a new position in shares of Yum! Brands during the 4th quarter worth $26,000. Bfsg LLC acquired a new position in Yum! Brands during the fourth quarter worth about $26,000. Fortitude Family Office LLC acquired a new position in Yum! Brands during the fourth quarter worth about $27,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at about $34,000. Finally, DB Wealth Management Group LLC acquired a new stake in shares of Yum! Brands in the third quarter valued at approximately $43,000. 82.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their target price on Yum! Brands from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Royal Bank of Canada decreased their price objective on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a research note on Friday, February 9th. Guggenheim raised their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. BMO Capital Markets boosted their price objective on shares of Yum! Brands from $133.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Finally, Barclays raised their target price on shares of Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Yum! Brands has an average rating of “Hold” and an average price target of $143.53.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,067 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares of the company’s stock, valued at $23,910,900.18. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the sale, the chief executive officer now directly owns 172,128 shares in the company, valued at approximately $23,817,351.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $136.34, for a total value of $963,514.78. Following the sale, the chief executive officer now directly owns 175,377 shares in the company, valued at approximately $23,910,900.18. The disclosure for this sale can be found here. Insiders have sold 33,521 shares of company stock valued at $4,620,263 over the last three months. Company insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

Yum! Brands stock opened at $137.65 on Monday. The company has a fifty day moving average price of $138.05 and a two-hundred day moving average price of $133.42. Yum! Brands, Inc. has a 12 month low of $115.53 and a 12 month high of $143.20. The company has a market cap of $38.77 billion, a PE ratio of 24.41, a P/E/G ratio of 2.22 and a beta of 1.07.

Yum! Brands (NYSE:YUM) last issued its earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05). The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.71 billion. Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. The business’s revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.06 EPS. Equities research analysts anticipate that Yum! Brands, Inc. will post 5.64 earnings per share for the current year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.67 per share. The ex-dividend date is Friday, May 24th. This represents a $2.68 dividend on an annualized basis and a yield of 1.95%. Yum! Brands’s payout ratio is currently 47.52%.

Yum! Brands announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 15th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the restaurant operator to purchase up to 5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

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.