Yum! Brands, Inc. (NYSE:YUM) Shares Purchased by Brighton Jones LLC

Brighton Jones LLC grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,765 shares of the restaurant operator’s stock after purchasing an additional 349 shares during the quarter. Brighton Jones LLC’s holdings in Yum! Brands were worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in Yum! Brands by 24.0% during the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after acquiring an additional 5,607,517 shares in the last quarter. Capital World Investors increased its position in shares of Yum! Brands by 23.7% during the first quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock worth $2,512,561,000 after purchasing an additional 3,470,883 shares in the last quarter. Capital International Investors lifted its holdings in shares of Yum! Brands by 10.2% in the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock valued at $2,033,906,000 after purchasing an additional 1,362,813 shares during the last quarter. Sustainable Growth Advisers LP boosted its position in shares of Yum! Brands by 2.1% in the 1st quarter. Sustainable Growth Advisers LP now owns 5,939,663 shares of the restaurant operator’s stock valued at $823,534,000 after purchasing an additional 121,285 shares during the period. Finally, TD Asset Management Inc grew its stake in Yum! Brands by 36.6% during the 1st quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock worth $301,498,000 after buying an additional 582,267 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Yum! Brands stock opened at $129.71 on Friday. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20. The company has a market cap of $36.53 billion, a P/E ratio of 23.00, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. The business has a fifty day moving average of $133.29 and a two-hundred day moving average of $135.55.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.02. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the previous year, the firm earned $1.41 earnings per share. Sell-side analysts predict that Yum! Brands, Inc. will post 5.62 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s payout ratio is currently 47.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on YUM shares. Stifel Nicolaus reduced their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. The Goldman Sachs Group assumed coverage on shares of Yum! Brands in a research note on Thursday, June 13th. They set a “neutral” rating and a $150.00 price target for the company. Robert W. Baird lifted their price objective on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a report on Wednesday, August 7th. Finally, TD Cowen restated a “buy” rating and issued a $156.00 price target on shares of Yum! Brands in a research report on Thursday, September 12th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $145.25.

Insider Buying and Selling

In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of the company’s 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 sale, the chief executive officer now owns 68 shares of the company’s stock, valued at $9,326.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Yum! Brands news, CEO Sabir Sami sold 71,051 shares of Yum! Brands stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total transaction of $9,745,355.16. Following the completion of the transaction, the chief executive officer now owns 68 shares in the company, valued at $9,326.88. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 6,961 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $131.02, for a total transaction of $912,030.22. Following the completion of the sale, the chief executive officer now directly owns 162,381 shares in the company, valued at approximately $21,275,158.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 101,629 shares of company stock valued at $13,888,443. 0.31% of the stock is owned by insiders.

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.