Axiom Advisory LLC Has $987,000 Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Axiom Advisory LLC lifted its position in Yum! Brands, Inc. (NYSE:YUM) by 1.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,424 shares of the restaurant operator’s stock after buying an additional 116 shares during the quarter. Axiom Advisory LLC’s holdings in Yum! Brands were worth $987,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Ruedi Wealth Management Inc. boosted 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 acquiring an additional 83 shares during the period. Manchester Capital Management LLC boosted its stake in Yum! Brands by 165.7% during 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 during the period. Redmont Wealth Advisors LLC bought a new stake in Yum! Brands during the 1st quarter valued at approximately $28,000. Crewe Advisors LLC acquired a new stake in Yum! Brands in the 1st quarter valued at approximately $28,000. Finally, Meeder Asset Management Inc. lifted its holdings in shares of 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 last quarter. 82.37% of the stock is owned by institutional investors.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 6,961 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $131.02, for a total value of $912,030.22. Following the completion of the sale, the chief executive officer now owns 162,381 shares of the company’s stock, valued at $21,275,158.62. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the transaction, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO David W. Gibbs sold 6,961 shares of the firm’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 transaction, the chief executive officer now directly owns 162,381 shares in the company, valued at $21,275,158.62. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 101,629 shares of company stock worth $13,888,443. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

YUM has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Stifel Nicolaus dropped their price objective on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. TD Cowen reiterated a “buy” rating and issued a $156.00 target price on shares of Yum! Brands in a research note on Thursday, September 12th. Deutsche Bank Aktiengesellschaft boosted their price target on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Finally, Robert W. Baird lifted their price objective on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and an average target price of $145.25.

Yum! Brands Price Performance

NYSE YUM opened at $134.72 on Wednesday. The stock’s 50 day simple moving average is $135.20 and its 200 day simple moving average is $135.39. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20. The firm has a market cap of $37.88 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 EPS for the quarter, topping the consensus estimate 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 company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the prior year, the business earned $1.41 earnings per share. As a group, equities analysts expect that Yum! Brands, Inc. will post 5.61 earnings per share for the current year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s dividend payout ratio is presently 47.52%.

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.