30,640 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by Trajan Wealth LLC

Key Points

• Trajan Wealth LLC has acquired a new stake in Yum! Brands, Inc., purchasing 30,640 shares valued at approximately $4.82 million during the first quarter.
• Yum! Brands recently reported quarterly earnings of $1.44 per share, falling short of analysts' expectations of $1.46, while revenue was $1.93 billion, slightly below the estimated $1.94 billion.
• The company announced a quarterly dividend of $0.71, representing a 2.0% yield, with a dividend payout ratio of 56.02%.

Trajan Wealth LLC acquired a new position in Yum! Brands, Inc. (NYSE:YUM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 30,640 shares of the restaurant operator's stock, valued at approximately $4,822,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Yum! Brands by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 34,109,219 shares of the restaurant operator's stock worth $5,367,427,000 after buying an additional 483,918 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Yum! Brands by 20.4% during the 4th quarter. Northern Trust Corp now owns 3,545,872 shares of the restaurant operator's stock worth $475,714,000 after purchasing an additional 601,361 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Yum! Brands by 14.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,045,475 shares of the restaurant operator's stock worth $274,421,000 after purchasing an additional 258,369 shares during the period. TD Asset Management Inc boosted its stake in shares of Yum! Brands by 1.4% during the 1st quarter. TD Asset Management Inc now owns 1,954,145 shares of the restaurant operator's stock worth $307,504,000 after purchasing an additional 27,355 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Yum! Brands by 1.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,700,298 shares of the restaurant operator's stock worth $267,559,000 after purchasing an additional 23,008 shares during the period. 82.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on YUM shares. Wells Fargo & Company lowered 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 report on Wednesday, August 6th. Melius started coverage on shares of Yum! Brands in a research note on Monday, July 14th. They issued a "buy" rating and a $200.00 target price on the stock. Oppenheimer restated an "outperform" rating and issued a $185.00 target price on shares of Yum! Brands in a research note on Monday, April 28th. TD Securities reiterated a "hold" rating and set a $158.00 price objective on shares of Yum! Brands in a research note on Wednesday, April 30th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Yum! Brands from $162.00 to $160.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 6th. Thirteen research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $161.23.

Insider Buying and Selling

In other Yum! Brands news, CEO Scott Mezvinsky sold 272 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $148.28, for a total value 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David W. Gibbs sold 7,117 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $146.60, for a total transaction of $1,043,352.20. Following the completion of the sale, the chief executive officer directly owned 102,893 shares in the company, valued at $15,084,113.80. This trade represents a 6.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,958 shares of company stock worth $1,455,725. 0.33% of the stock is owned by insiders.

Yum! Brands Price Performance

YUM traded up $1.42 on Friday, reaching $148.19. 2,603,666 shares of the company's stock were exchanged, compared to its average volume of 2,153,550. The stock has a market cap of $41.13 billion, a PE ratio of 29.23, a P/E/G ratio of 2.26 and a beta of 0.73. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30. The stock's fifty day moving average price is $145.48 and its 200-day moving average price is $147.27.

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

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.