Vanguard Personalized Indexing Management LLC Purchases 2,691 Shares of Yum! Brands, Inc. (NYSE:YUM)

Vanguard Personalized Indexing Management LLC lifted its position in Yum! Brands, Inc. (NYSE:YUM) by 9.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,948 shares of the restaurant operator’s stock after acquiring an additional 2,691 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Yum! Brands were worth $3,942,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in YUM. Manchester Capital Management LLC raised its holdings in shares of Yum! Brands by 165.7% in the 1st quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 116 shares in the last quarter. Ruedi Wealth Management Inc. increased its holdings in Yum! Brands by 79.8% during the first quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 83 shares during the period. Redmont Wealth Advisors LLC purchased a new position in Yum! Brands during the first quarter valued at approximately $28,000. Crewe Advisors LLC bought a new position in Yum! Brands in the first quarter worth approximately $28,000. Finally, Meeder Asset Management Inc. lifted its holdings in Yum! Brands by 43.6% during the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after buying an additional 82 shares during the period. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 6,961 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $131.02, for a total value of $912,030.22. Following the completion of the transaction, the chief executive officer now owns 162,381 shares of the company’s stock, valued at approximately $21,275,158.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO David W. Gibbs sold 6,961 shares of Yum! Brands stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $131.02, for a total transaction of $912,030.22. Following the completion of the transaction, the chief executive officer now directly owns 162,381 shares in the company, valued at $21,275,158.62. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sabir Sami sold 71,051 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 68 shares in the company, valued at approximately $9,326.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,629 shares of company stock valued at $13,888,443. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 0.3 %

Yum! Brands stock opened at $131.03 on Friday. The stock has a 50-day moving average price of $133.32 and a 200 day moving average price of $135.62. The company has a market capitalization of $36.90 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. Yum! Brands, Inc. has a 52 week low of $115.53 and a 52 week high of $143.20.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, beating the consensus estimate of $1.33 by $0.02. The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. During the same period in the previous year, the business posted $1.41 EPS. Research analysts anticipate that Yum! Brands, Inc. will post 5.62 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.05%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s payout ratio is 47.52%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on YUM shares. Evercore ISI lowered Yum! Brands from an “outperform” rating to an “inline” rating and reduced their price target for the stock from $160.00 to $145.00 in a research report on Tuesday, July 16th. JPMorgan Chase & Co. boosted their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday. Morgan Stanley decreased their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Robert W. Baird lifted their price objective on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $145.25.

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.