2,018 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Advyzon Investment Management LLC

Advyzon Investment Management LLC acquired a new position in Yum! Brands, Inc. (NYSE:YUM - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,018 shares of the restaurant operator's stock, valued at approximately $318,000.

A number of other large investors have also recently bought and sold shares of YUM. Manchester Capital Management LLC boosted its holdings in Yum! Brands by 78.0% in the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock worth $25,000 after purchasing an additional 71 shares in the last quarter. Wayfinding Financial LLC bought a new stake in Yum! Brands during the first quarter valued at about $32,000. Itau Unibanco Holding S.A. boosted its holdings in Yum! Brands by 436.5% during the fourth quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator's stock valued at $37,000 after acquiring an additional 227 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in Yum! Brands during the first quarter valued at about $38,000. Finally, LGT Financial Advisors LLC bought a new stake in Yum! Brands during the fourth quarter valued at about $41,000. 82.37% of the stock is currently owned by institutional investors.

Yum! Brands Stock Down 5.0%

NYSE:YUM opened at $139.70 on Wednesday. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30. The firm has a market capitalization of $38.83 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 2.14 and a beta of 0.73. The firm has a 50-day moving average price of $145.61 and a 200 day moving average price of $146.65.

Yum! Brands (NYSE:YUM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 20.80% and a net margin of 18.42%. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the company earned $1.35 EPS. The business's revenue for the quarter was up 9.6% on a year-over-year basis. On average, research analysts expect that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 27th were given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, May 27th. Yum! Brands's dividend payout ratio is 56.57%.

Analysts Set New Price Targets

YUM has been the subject of a number of recent analyst reports. Barclays decreased their price target on shares of Yum! Brands from $167.00 to $164.00 and set an "overweight" rating for the company in a report on Tuesday. Redburn Atlantic upgraded shares of Yum! Brands from a "neutral" rating to a "buy" rating and upped their price target for the company from $145.00 to $177.00 in a report on Tuesday, June 10th. Melius initiated coverage on shares of Yum! Brands in a report on Monday, July 14th. They set a "buy" rating and a $200.00 price target for the company. Piper Sandler upped their price target on shares of Yum! Brands from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Finally, Citigroup upped their price target on shares of Yum! Brands from $148.00 to $151.00 and gave the company a "neutral" rating in a report on Tuesday, April 15th. Thirteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $159.82.

Insider Activity

In other Yum! Brands news, CEO Scott Mezvinsky sold 272 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $148.28, for a total transaction of $40,332.16. Following the sale, the chief executive officer directly owned 1,755 shares of the company's stock, valued at approximately $260,231.40. This represents a 13.42% 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 David W. Gibbs sold 7,117 shares of the company's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $146.60, for a total transaction of $1,043,352.20. Following the sale, the chief executive officer directly owned 102,893 shares in the company, valued at $15,084,113.80. This represents a 6.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,720 shares of company stock valued at $2,150,965 in the last three months. Company insiders own 0.33% of the company's stock.

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.

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