Vontobel Holding Ltd. Has $1.39 Million Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Vontobel Holding Ltd. boosted its stake in Yum! Brands, Inc. (NYSE:YUM) by 7.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,957 shares of the restaurant operator’s stock after buying an additional 692 shares during the quarter. Vontobel Holding Ltd.’s holdings in Yum! Brands were worth $1,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of YUM. Swedbank AB raised its holdings in shares of Yum! Brands by 0.5% during the third quarter. Swedbank AB now owns 153,431 shares of the restaurant operator’s stock worth $21,436,000 after acquiring an additional 736 shares in the last quarter. Occidental Asset Management LLC lifted its holdings in shares of Yum! Brands by 2.5% during the 3rd quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator’s stock valued at $542,000 after buying an additional 96 shares during the last quarter. Stablepoint Partners LLC lifted its holdings in shares of Yum! Brands by 4.0% during the 3rd quarter. Stablepoint Partners LLC now owns 4,338 shares of the restaurant operator’s stock valued at $606,000 after buying an additional 165 shares during the last quarter. Procyon Advisors LLC increased its holdings in Yum! Brands by 3.8% in the third quarter. Procyon Advisors LLC now owns 14,537 shares of the restaurant operator’s stock worth $2,031,000 after buying an additional 536 shares during the last quarter. Finally, Webster Bank N. A. raised its position in Yum! Brands by 11.5% during the third quarter. Webster Bank N. A. now owns 1,371 shares of the restaurant operator’s stock valued at $192,000 after acquiring an additional 141 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Stock Up 0.4 %

Yum! Brands stock opened at $134.27 on Friday. The business has a 50 day moving average price of $135.02 and a two-hundred day moving average price of $135.17. Yum! Brands, Inc. has a 12 month low of $118.28 and a 12 month high of $143.20. The stock has a market cap of $37.81 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08.

Yum! Brands (NYSE:YUM) last issued 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. The firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same period last year, the business earned $1.41 earnings per share. On average, analysts expect that Yum! Brands, Inc. will post 5.61 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.00%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio (DPR) is presently 47.52%.

Insiders Place Their Bets

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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $137.92, for a total transaction of $974,956.48. Following the sale, the chief executive officer now directly owns 159,132 shares of the company’s stock, valued at approximately $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sabir Sami sold 71,051 shares of Yum! Brands stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 68 shares of the company’s stock, valued at $9,326.88. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 101,673 shares of company stock worth $13,918,095 over the last quarter. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on YUM shares. Robert W. Baird increased their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. 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. 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. TD Cowen downgraded Yum! Brands from a “buy” rating to a “hold” rating and cut their price objective for the company from $156.00 to $145.00 in a research note on Wednesday. Finally, JPMorgan Chase & Co. boosted their target price on Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Ten analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Yum! Brands currently has a consensus rating of “Hold” and an average target price of $144.56.

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.