1,819 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Edgestream Partners L.P.

Edgestream Partners L.P. acquired a new position in shares of Yum! Brands, Inc. (NYSE:YUM) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,819 shares of the restaurant operator’s stock, valued at approximately $241,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators grew its stake in Yum! Brands by 3.9% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after buying an additional 76 shares during the last quarter. Wesbanco Bank Inc. grew its stake in Yum! Brands by 1.9% during the 2nd quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock worth $552,000 after buying an additional 78 shares during the last quarter. Choreo LLC grew its stake in Yum! Brands by 1.6% during the 1st quarter. Choreo LLC now owns 5,312 shares of the restaurant operator’s stock worth $737,000 after buying an additional 82 shares during the last quarter. Marcum Wealth LLC boosted its position in Yum! Brands by 3.4% during the 2nd quarter. Marcum Wealth LLC now owns 2,477 shares of the restaurant operator’s stock worth $328,000 after acquiring an additional 82 shares during the period. Finally, Meeder Asset Management Inc. boosted its position in Yum! Brands by 43.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after acquiring an additional 82 shares during the period. 82.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 6,961 shares of the firm’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 sale, the chief executive officer now directly owns 162,381 shares of the company’s stock, valued at $21,275,158.62. The disclosure for this sale can be found here. In the last ninety days, insiders sold 101,629 shares of company stock valued at $13,888,443. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 0.5 %

NYSE:YUM opened at $130.37 on Tuesday. Yum! Brands, Inc. has a 1-year low of $115.53 and a 1-year high of $143.20. The firm has a market capitalization of $36.72 billion, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. The stock has a fifty day simple moving average of $133.34 and a 200 day simple moving average of $135.43.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.02. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the company posted $1.41 EPS. Equities analysts predict that Yum! Brands, Inc. will post 5.62 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm 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 2.06%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s dividend payout ratio is currently 47.52%.

Analyst Upgrades and Downgrades

YUM has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. 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 report on Monday, September 16th. Deutsche Bank Aktiengesellschaft boosted their price target on Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Stifel Nicolaus reduced their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research report on Monday, July 22nd. Finally, Evercore ISI lowered Yum! Brands from an “outperform” rating to an “inline” rating and cut their price objective for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $145.25.

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.