Oxbow Advisors LLC Has $3.33 Million Stock Holdings in Yum! Brands, Inc. $YUM

Key Points

• Oxbow Advisors LLC has significantly increased its stake in Yum! Brands, raising its position by 992.7% to a total of 22,444 shares worth approximately $3.33 million.
• Yum! Brands reported a quarterly earnings per share (EPS) of $1.44, which was below analysts' expectations of $1.46, with revenue of $1.93 billion, slightly lower than the anticipated $1.94 billion.
• Company insiders, including CEO Scott Mezvinsky and COO Tracy L. Skeans, have sold significant shares recently, indicating a decrease in insider ownership, currently at 0.33% of the company's stock.

Oxbow Advisors LLC raised its position in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 992.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 22,444 shares of the restaurant operator's stock after acquiring an additional 20,390 shares during the period. Oxbow Advisors LLC's holdings in Yum! Brands were worth $3,326,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Manchester Capital Management LLC grew its holdings in Yum! Brands by 78.0% in the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock valued at $25,000 after buying an additional 71 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of Yum! Brands during the first quarter worth about $25,000. HFM Investment Advisors LLC bought a new position in shares of Yum! Brands during the first quarter worth about $25,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Yum! Brands during the second quarter worth about $29,000. Finally, Wayfinding Financial LLC bought a new stake in Yum! Brands in the first quarter worth approximately $32,000. Institutional investors own 82.37% of the company's stock.

Insider Buying and Selling

In related news, CEO Scott Mezvinsky sold 275 shares of the business's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $152.59, for a total value of $41,962.25. Following the sale, the chief executive officer directly owned 1,755 shares in the company, valued at approximately $267,795.45. The trade was a 13.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Tracy L. Skeans sold 12,220 shares of the company's stock in a transaction that occurred on Friday, August 15th. The shares were 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. Over the last ninety days, insiders sold 29,078 shares of company stock worth $4,304,785. Company insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Guggenheim reiterated a "buy" rating and issued a $167.00 target price (up from $165.00) on shares of Yum! Brands in a report on Monday, August 4th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Yum! Brands in a research report on Wednesday, October 8th. Sanford C. Bernstein set a $164.00 target price on Yum! Brands in a research report on Tuesday, August 5th. Royal Bank Of Canada started coverage on Yum! Brands in a report on Wednesday, October 8th. They set a "sector perform" rating and a $165.00 price target on the stock. Finally, Piper Sandler lifted their price target on Yum! Brands from $155.00 to $157.00 and gave the stock a "neutral" rating in a report on Thursday, October 2nd. Eleven research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $161.48.

Yum! Brands Stock Down 0.8%

Yum! Brands stock opened at $143.30 on Friday. The stock has a market cap of $39.77 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 2.24 and a beta of 0.72. The business has a 50-day simple moving average of $147.06 and a 200 day simple moving average of $146.49. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $163.30.

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

Yum! Brands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum! Brands's payout ratio is currently 56.02%.

Yum! Brands 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.

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