Yum! Brands, Inc. (NYSE:YUM) Stake Increased by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC boosted its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 6.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,218 shares of the restaurant operator’s stock after buying an additional 143 shares during the period. WealthBridge Capital Management LLC’s holdings in Yum! Brands were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Yum! Brands by 24.0% in the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after buying an additional 5,607,517 shares in the last quarter. Capital World Investors raised its holdings 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 acquiring an additional 3,470,883 shares in the last quarter. Capital International Investors boosted its position in Yum! Brands by 10.2% during the first 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 grew its stake in Yum! Brands by 2.1% in the first 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 in the last quarter. Finally, Legal & General Group Plc increased its position in Yum! Brands by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock worth $419,123,000 after purchasing an additional 104,328 shares during 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 dated Wednesday, August 7th. The stock was 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 trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Yum! Brands 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 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 trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO David W. Gibbs sold 7,005 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now directly owns 155,883 shares of the company’s stock, valued at $20,955,351.69. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 101,629 shares of company stock valued at $13,888,443. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. TD Cowen reiterated a “buy” rating and set a $156.00 price target on shares of Yum! Brands in a report on Thursday, September 12th. Robert W. Baird boosted their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. The Goldman Sachs Group began 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 on the stock. Stifel Nicolaus reduced their price objective on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Finally, Morgan Stanley lowered their target price 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. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $145.25.

Yum! Brands Stock Down 0.5 %

Shares of NYSE:YUM opened at $135.91 on Tuesday. The company has a market cap of $38.28 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 2.14 and a beta of 1.08. The business has a 50 day moving average price of $135.09 and a 200 day moving average price of $135.39. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the company posted $1.41 earnings per share. Analysts anticipate that Yum! Brands, Inc. will post 5.61 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 1.97%. Yum! Brands’s payout ratio is 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.