Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH decreased its stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 82.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,544 shares of the restaurant operator's stock after selling 17,127 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Yum! Brands were worth $475,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Yum! Brands during the 4th quarter valued at approximately $43,944,000. Bernard Wealth Management Corp. acquired a new stake in shares of Yum! Brands in the fourth quarter worth $95,000. Lakeshore Capital Group Inc. acquired a new stake in shares of Yum! Brands in the fourth quarter worth $475,000. B. Riley Wealth Advisors Inc. increased its stake in shares of Yum! Brands by 20.5% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 2,384 shares of the restaurant operator's stock worth $320,000 after acquiring an additional 405 shares during the period. Finally, Hall Capital Management Co. Inc. acquired a new stake in shares of Yum! Brands in the fourth quarter worth $412,000. Institutional investors and hedge funds own 82.37% of the company's stock.

Yum! Brands Trading Down 1.4%

YUM traded down $2.00 during midday trading on Tuesday, hitting $142.63. 633,684 shares of the company traded hands, compared to its average volume of 2,010,079. The company has a market capitalization of $39.65 billion, a price-to-earnings ratio of 27.32, a PEG ratio of 2.31 and a beta of 0.74. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The business has a 50 day simple moving average of $147.38 and a two-hundred day simple moving average of $142.85.

Yum! Brands (NYSE:YUM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.01. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The company's revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $1.15 earnings per share. Equities 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 disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.99%. The ex-dividend date is Tuesday, May 27th. Yum! Brands's payout ratio is 56.57%.

Wall Street Analysts Forecast Growth

YUM has been the topic of a number of research reports. Piper Sandler increased their price objective on shares of Yum! Brands from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Oppenheimer reiterated an "outperform" rating and issued a $185.00 price objective on shares of Yum! Brands in a research note on Monday, April 28th. TD Securities reiterated a "hold" rating and issued a $158.00 price objective on shares of Yum! Brands in a research note on Wednesday, April 30th. TD Cowen reiterated a "hold" rating and issued a $140.00 price objective on shares of Yum! Brands in a research note on Thursday, February 6th. Finally, Wells Fargo & Company increased their price objective on shares of Yum! Brands from $145.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 5th. Sixteen investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $156.70.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 5,000 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $158.66, for a total transaction of $793,300.00. Following the transaction, the vice president now directly owns 11,960 shares of the company's stock, valued at $1,897,573.60. This trade represents a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 30,604 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the completion of the transaction, the chief executive officer now directly owns 160,296 shares in the company, valued at approximately $25,560,800.16. This represents a 16.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 62,334 shares of company stock valued at $9,734,737 over the last ninety days. Corporate insiders own 0.33% of the company's stock.

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.