Yum! Brands, Inc. (NYSE:YUM) Stock Holdings Lifted by Centennial Bank AR

Centennial Bank AR lifted its position in Yum! Brands, Inc. (NYSE:YUM) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,945 shares of the restaurant operator’s stock after acquiring an additional 100 shares during the period. Centennial Bank AR’s holdings in Yum! Brands were worth $258,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in YUM. Ruedi Wealth Management Inc. increased its position in shares of Yum! Brands by 79.8% in the first quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 83 shares in the last quarter. Manchester Capital Management LLC increased its position in shares of Yum! Brands by 165.7% in the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 116 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Yum! Brands in the first quarter worth approximately $28,000. Crewe Advisors LLC purchased a new position in Yum! Brands during the first quarter valued at approximately $28,000. Finally, Meeder Asset Management Inc. grew its position in Yum! Brands by 43.6% during the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 82 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Sabir Sami sold 71,051 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 68 shares in the company, valued at $9,326.88. The sale was disclosed in a filing with the SEC, which is available through this link. 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 shares were sold at an average price of $137.16, for a total value of $9,745,355.16. Following the transaction, the chief executive officer now directly owns 68 shares in the company, valued at $9,326.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were 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 disclosure for this sale can be found here. Insiders have sold 101,629 shares of company stock worth $13,888,443 over the last ninety days. Insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

Shares of NYSE:YUM opened at $139.24 on Wednesday. The company has a market capitalization of $39.15 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 2.14 and a beta of 1.08. The firm’s 50 day simple moving average is $134.45 and its 200 day simple moving average is $135.37. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM) last announced 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. The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate 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 last year, the company posted $1.41 EPS. Equities research analysts expect that Yum! Brands, Inc. will post 5.61 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. Stockholders of record on Tuesday, August 27th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.92%. Yum! Brands’s dividend payout ratio (DPR) is presently 47.52%.

Analyst Ratings Changes

YUM has been the topic of a number of research analyst reports. The Goldman Sachs Group initiated coverage on shares of Yum! Brands in a research report on Thursday, June 13th. They set a “neutral” rating and a $150.00 price objective on the stock. Robert W. Baird boosted their price objective 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 lowered their price objective 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. JPMorgan Chase & Co. boosted their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective 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 analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Yum! Brands currently has a consensus rating of “Hold” and an average price target 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.