Retirement Planning Group LLC Makes New Investment in Yum! Brands, Inc. $YUM

Key Points

• Retirement Planning Group LLC made a new investment in Yum! Brands, purchasing 1,720 shares valued at approximately $255,000 during the second quarter.
• Yum! Brands reported a $1.44 EPS for the last quarter, slightly missing the consensus estimate of $1.46, with a revenue of $1.93 billion.
• Several brokerages have set new price targets for Yum! Brands, with the average target price now at $163.14 and a consensus rating of "Hold."

Retirement Planning Group LLC bought a new position in Yum! Brands, Inc. (NYSE:YUM - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,720 shares of the restaurant operator's stock, valued at approximately $255,000.

A number of other large investors have also added to or reduced their stakes in the stock. Fortitude Family Office LLC grew its position in Yum! Brands by 5.6% in the 2nd quarter. Fortitude Family Office LLC now owns 1,277 shares of the restaurant operator's stock worth $189,000 after purchasing an additional 68 shares during the period. Valmark Advisers Inc. grew its position in Yum! Brands by 3.7% in the 2nd quarter. Valmark Advisers Inc. now owns 1,915 shares of the restaurant operator's stock worth $284,000 after purchasing an additional 69 shares during the period. Manchester Capital Management LLC grew its position in Yum! Brands by 78.0% in the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock worth $25,000 after purchasing an additional 71 shares during the period. Geneos Wealth Management Inc. grew its position in Yum! Brands by 7.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the restaurant operator's stock worth $165,000 after purchasing an additional 71 shares during the period. Finally, Valeo Financial Advisors LLC boosted its stake in shares of Yum! Brands by 0.8% during the 1st quarter. Valeo Financial Advisors LLC now owns 9,178 shares of the restaurant operator's stock worth $1,444,000 after acquiring an additional 72 shares during the last quarter. Institutional investors own 82.37% of the company's stock.

Insider Activity at Yum! Brands

In other Yum! Brands news, CEO Scott Mezvinsky sold 275 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $152.59, for a total value of $41,962.25. Following the sale, the chief executive officer owned 1,755 shares in the company, valued at $267,795.45. The trade was a 13.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David W. Gibbs sold 7,176 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $149.80, for a total transaction of $1,074,964.80. Following the completion of the sale, the chief executive officer owned 102,893 shares in the company, valued at approximately $15,413,371.40. The trade was a 6.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,078 shares of company stock worth $4,304,785 in the last quarter. 0.33% of the stock is owned by company insiders.

Yum! Brands Stock Performance

YUM opened at $147.35 on Thursday. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The firm's fifty day moving average is $147.46 and its 200 day moving average is $146.23. The stock has a market cap of $40.89 billion, a price-to-earnings ratio of 29.06, a price-to-earnings-growth ratio of 2.30 and a beta of 0.72.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.02). The company had revenue of $1.93 billion during the quarter, compared to analysts' expectations of $1.94 billion. Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The firm'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 firm earned $1.35 EPS. On average, equities research analysts predict 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 paid a $0.71 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $2.84 annualized dividend and a yield of 1.9%. Yum! Brands's payout ratio is presently 56.02%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on YUM. Sanford C. Bernstein set a $164.00 price target on shares of Yum! Brands in a research note on Tuesday, August 5th. Morgan Stanley set a $165.00 price target on shares of Yum! Brands in a research note on Tuesday. Citigroup lifted their price target on shares of Yum! Brands from $156.00 to $158.00 and gave the stock a "neutral" rating in a research note on Monday. Weiss Ratings reiterated a "buy (b)" rating on shares of Yum! Brands in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada started coverage on shares of Yum! Brands in a research note on Wednesday, October 8th. They set a "sector perform" rating and a $165.00 price target on the stock. Eleven investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Yum! Brands presently has a consensus rating of "Hold" and an average target price of $163.14.

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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