IFP Advisors Inc Has $1.97 Million Stock Position in Yum! Brands, Inc. (NYSE:YUM)

IFP Advisors Inc increased its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 175.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,485 shares of the restaurant operator's stock after purchasing an additional 7,959 shares during the period. IFP Advisors Inc's holdings in Yum! Brands were worth $1,973,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Yum! Brands by 8.0% during the 4th quarter. Brighton Jones LLC now owns 7,861 shares of the restaurant operator's stock valued at $1,055,000 after acquiring an additional 583 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Yum! Brands by 2.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 13,316 shares of the restaurant operator's stock valued at $1,792,000 after acquiring an additional 316 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Yum! Brands by 947.1% during the 4th quarter. Teacher Retirement System of Texas now owns 19,737 shares of the restaurant operator's stock valued at $2,648,000 after acquiring an additional 17,852 shares during the last quarter. TD Private Client Wealth LLC raised its position in shares of Yum! Brands by 18.5% during the 4th quarter. TD Private Client Wealth LLC now owns 2,297 shares of the restaurant operator's stock valued at $308,000 after acquiring an additional 359 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its position in shares of Yum! Brands by 45.1% during the 4th quarter. Mizuho Securities USA LLC now owns 26,450 shares of the restaurant operator's stock valued at $3,549,000 after acquiring an additional 8,218 shares during the last quarter. Institutional investors own 82.37% of the company's stock.

Yum! Brands Price Performance

Yum! Brands stock traded down $1.26 during trading hours on Thursday, hitting $146.53. The company had a trading volume of 550,394 shares, compared to its average volume of 2,130,302. The firm has a 50-day moving average of $145.89 and a 200 day moving average of $145.35. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $163.30. The firm has a market cap of $40.73 billion, a PE ratio of 29.20, a PEG ratio of 2.16 and a beta of 0.74.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.29 by $0.01. Yum! Brands had a net margin of 18.42% and a negative return on equity of 20.80%. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the prior year, the business posted $1.15 EPS. The business's revenue was up 11.8% compared to the same quarter last year. As a group, research analysts expect 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 was paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.94%. Yum! Brands's payout ratio is presently 56.57%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on YUM shares. Guggenheim boosted their price target on shares of Yum! Brands from $155.00 to $165.00 and gave the company a "buy" rating in a report on Tuesday, April 8th. The Goldman Sachs Group raised shares of Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 price target for the company in a report on Wednesday, June 4th. Morgan Stanley boosted their price target on shares of Yum! Brands from $151.00 to $153.00 and gave the company an "equal weight" rating in a report on Monday, July 14th. Robert W. Baird decreased their price target on shares of Yum! Brands from $176.00 to $174.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Finally, Citigroup upped their target price on shares of Yum! Brands from $148.00 to $151.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 15th. Thirteen research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $159.86.

Insider Buying and Selling

In related news, CEO Scott Mezvinsky sold 272 shares of the stock in a transaction that occurred on 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 owned 1,755 shares in the company, valued at approximately $260,231.40. This trade represents a 13.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO David W. Gibbs sold 7,117 shares of the stock in a transaction that occurred on 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 owned 102,893 shares in the company, valued at $15,084,113.80. This represents a 6.47% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,720 shares of company stock worth $2,150,965. Company insiders own 0.33% of the company's stock.

Yum! Brands Company Profile

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.