Gill Capital Partners LLC Takes $202,000 Position in Yum! Brands, Inc. (NYSE:YUM)

Gill Capital Partners LLC purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,444 shares of the restaurant operator’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ruedi Wealth Management Inc. boosted its position in shares of Yum! Brands by 79.8% during the 1st 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 last quarter. Manchester Capital Management LLC lifted its position in Yum! Brands by 165.7% in the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 116 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new position in Yum! Brands in the first quarter valued at about $28,000. Crewe Advisors LLC acquired a new position in Yum! Brands in the first quarter valued at about $28,000. Finally, Meeder Asset Management Inc. lifted its position in Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 82 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Stock Down 0.9 %

Shares of Yum! Brands stock opened at $134.72 on Wednesday. The firm has a market capitalization of $37.88 billion, a P/E ratio of 23.89, a P/E/G ratio of 2.09 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. The firm’s 50 day moving average is $135.20 and its two-hundred day moving average is $135.39.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results 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 company had revenue of $1.76 billion for the quarter, compared to analyst estimates 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 prior year, the firm posted $1.41 earnings per share. As a group, research analysts expect that Yum! Brands, Inc. will post 5.61 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

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

Insider Activity

In other news, CEO Sabir Sami sold 71,051 shares of the 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 directly owns 68 shares of the company’s stock, valued at approximately $9,326.88. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Sabir Sami sold 71,051 shares of the 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 directly owns 68 shares of the company’s stock, valued at approximately $9,326.88. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the sale, the director now directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. 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 currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on YUM. Robert W. Baird upped their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Morgan Stanley reduced their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. TD Cowen reissued a “buy” rating and set a $156.00 price target on shares of Yum! Brands in a research report on Thursday, September 12th. The Goldman Sachs Group began coverage on shares of Yum! Brands in a research report on Thursday, June 13th. They set a “neutral” rating and a $150.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Yum! Brands from $143.00 to $147.00 and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus 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.