Jump Financial LLC Boosts Stock Holdings in Yum! Brands, Inc. $YUM

Key Points

• Jump Financial LLC significantly increased its holdings in Yum! Brands, with a growth of 458.8% in the first quarter, owning 30,780 shares valued at approximately $4.84 million.
• Analysts have mixed views on Yum! Brands, with Goldman Sachs upgrading its rating to "buy" and setting a price target of $167, while Wells Fargo lowered its target to $155.
• Yum! Brands recently announced a quarterly dividend of $0.71, representing a 1.9% dividend yield and a payout ratio of 56.02%.

Jump Financial LLC grew its holdings in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 458.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,780 shares of the restaurant operator's stock after purchasing an additional 25,272 shares during the quarter. Jump Financial LLC's holdings in Yum! Brands were worth $4,844,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Integrated Wealth Concepts LLC lifted its stake in shares of Yum! Brands by 1.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 6,605 shares of the restaurant operator's stock worth $886,000 after buying an additional 71 shares during the period. Manchester Capital Management LLC lifted its stake in shares of Yum! Brands by 78.0% during the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock worth $25,000 after buying an additional 71 shares during the period. Valeo Financial Advisors LLC lifted its stake in shares of Yum! Brands by 0.8% during the first quarter. Valeo Financial Advisors LLC now owns 9,178 shares of the restaurant operator's stock worth $1,444,000 after buying an additional 72 shares during the period. Lakeshore Capital Group Inc. lifted its stake in shares of Yum! Brands by 2.1% during the first quarter. Lakeshore Capital Group Inc. now owns 3,614 shares of the restaurant operator's stock worth $569,000 after buying an additional 74 shares during the period. Finally, PGIM Custom Harvest LLC lifted its stake in shares of Yum! Brands by 4.3% during the first quarter. PGIM Custom Harvest LLC now owns 1,857 shares of the restaurant operator's stock worth $292,000 after buying an additional 76 shares during the period. Institutional investors own 82.37% of the company's stock.

Yum! Brands Price Performance

YUM opened at $146.9160 on Tuesday. The firm has a fifty day moving average price of $146.22 and a 200 day moving average price of $148.21. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30. The stock has a market cap of $40.77 billion, a P/E ratio of 28.98, a P/E/G ratio of 2.31 and a beta of 0.73.

Yum! Brands (NYSE:YUM - Get Free Report) last posted its 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 net margin of 18.11% and a negative return on equity of 21.01%. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the firm earned $1.35 earnings per share. The business's revenue for the quarter was up 9.6% on a year-over-year basis. Equities analysts expect that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

The company 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 $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 2nd. Yum! Brands's payout ratio is currently 56.02%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group upgraded shares of Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 price objective for the company in a research note on Wednesday, June 4th. Melius assumed coverage on shares of Yum! Brands in a research note on Monday, July 14th. They set a "buy" rating and a $200.00 price objective for the company. Wells Fargo & Company decreased their price objective on shares of Yum! Brands from $160.00 to $155.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 6th. Oppenheimer restated an "outperform" rating and set a $185.00 price objective on shares of Yum! Brands in a research note on Monday, April 28th. Finally, Sanford C. Bernstein set a $164.00 price objective on shares of Yum! Brands in a research note on Tuesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, Yum! Brands currently has an average rating of "Hold" and a consensus target price of $161.23.

Insider Activity

In related news, CEO David W. Gibbs sold 7,117 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $146.60, for a total value of $1,043,352.20. Following the completion of the transaction, the chief executive officer directly owned 102,893 shares in the company, valued at $15,084,113.80. The trade was a 6.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Scott Mezvinsky sold 272 shares of the business's stock in a transaction 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 completion of the transaction, the chief executive officer 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,284 shares of company stock valued at $4,310,663. 0.33% of the stock is currently owned by company insiders.

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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