CW Advisors LLC Acquires 9,860 Shares of Yum! Brands, Inc. $YUM

Key Points

• CW Advisors LLC increased its stake in Yum! Brands, Inc. by 291.0%, acquiring an additional 9,860 shares to hold a total of 13,248 shares valued at approximately $2,084,000.
• Yum! Brands' recent earnings showed earnings per share of $1.44, falling short of the expected $1.46, and reported quarterly revenue of $1.93 billion, which also missed expectations.
• A quarterly dividend of $0.71 per share has been announced, with a projected annual yield of 1.9%, indicating a robust return for investors.

CW Advisors LLC boosted its holdings in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 291.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,248 shares of the restaurant operator's stock after purchasing an additional 9,860 shares during the quarter. CW Advisors LLC's holdings in Yum! Brands were worth $2,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its holdings in Yum! Brands by 28.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,940,044 shares of the restaurant operator's stock valued at $305,286,000 after buying an additional 430,511 shares in the last quarter. PGIM Custom Harvest LLC boosted its holdings in shares of Yum! Brands by 4.3% in the 1st quarter. PGIM Custom Harvest LLC now owns 1,857 shares of the restaurant operator's stock worth $292,000 after purchasing an additional 76 shares during the period. Capital Analysts LLC boosted its holdings in shares of Yum! Brands by 169.1% in the 1st quarter. Capital Analysts LLC now owns 3,385 shares of the restaurant operator's stock worth $533,000 after purchasing an additional 2,127 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Yum! Brands by 5.8% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,811 shares of the restaurant operator's stock valued at $1,701,000 after acquiring an additional 592 shares during the period. Finally, Legacy Financial Advisors Inc. boosted its holdings in Yum! Brands by 6.1% during the 1st quarter. Legacy Financial Advisors Inc. now owns 4,163 shares of the restaurant operator's stock valued at $655,000 after acquiring an additional 240 shares during the period. Institutional investors own 82.37% of the company's stock.

Yum! Brands Price Performance

Shares of YUM stock opened at $147.7230 on Monday. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30. The stock's fifty day moving average price is $146.12 and its 200 day moving average price is $148.19. The company has a market cap of $41.00 billion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of 2.31 and a beta of 0.73.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The business had revenue of $1.93 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter last year, the firm earned $1.35 earnings per share. The firm's quarterly revenue was up 9.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 2nd. Yum! Brands's payout ratio is 56.02%.

Analysts Set New Price Targets

A number of research firms recently issued reports on YUM. Guggenheim restated a "buy" rating and set a $167.00 price objective (up previously from $165.00) on shares of Yum! Brands in a report on Monday, August 4th. Morgan Stanley decreased their target price on Yum! Brands from $153.00 to $151.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 6th. Oppenheimer reaffirmed an "outperform" rating and set a $185.00 target price on shares of Yum! Brands in a research report on Monday, April 28th. JPMorgan Chase & Co. decreased their target price on Yum! Brands from $162.00 to $160.00 and set an "overweight" rating for the company in a research report on Wednesday, August 6th. Finally, Redburn Atlantic raised Yum! Brands from a "neutral" rating to a "buy" rating and lifted their target price for the company from $145.00 to $177.00 in a research report on Tuesday, June 10th. Ten research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $161.23.

Insiders Place Their Bets

In related news, CEO Scott Mezvinsky sold 272 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $148.28, for a total transaction of $40,332.16. Following the transaction, the chief executive officer directly owned 1,755 shares in the company, valued at $260,231.40. The trade was a 13.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Tracy L. Skeans sold 12,220 shares of the business's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $148.24, for a total value of $1,811,492.80. The disclosure for this sale can be found here. Insiders have sold 29,284 shares of company stock valued at $4,310,663 in the last 90 days. Corporate 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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