Lido Advisors LLC Purchases 5,213 Shares of Yum! Brands, Inc. (NYSE:YUM)

Lido Advisors LLC raised its stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 36.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,417 shares of the restaurant operator's stock after acquiring an additional 5,213 shares during the period. Lido Advisors LLC's holdings in Yum! Brands were worth $2,605,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in Yum! Brands in the 4th quarter worth approximately $25,000. WealthTrak Capital Management LLC purchased a new position in shares of Yum! Brands in the 4th quarter worth $25,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Yum! Brands in the fourth quarter worth $33,000. Jackson Grant Investment Advisers Inc. increased its position in Yum! Brands by 52.1% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator's stock valued at $40,000 after acquiring an additional 101 shares during the last quarter. Finally, Morse Asset Management Inc bought a new position in Yum! Brands in the third quarter valued at about $42,000. Hedge funds and other institutional investors own 82.37% of the company's stock.

Insider Transactions at Yum! Brands

In other Yum! Brands news, COO Tracy L. Skeans sold 8,638 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $158.36, for a total value of $1,367,913.68. Following the sale, the chief operating officer now owns 2,970 shares in the company, valued at $470,329.20. This trade represents a 74.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 5,139 shares of the business's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $146.70, for a total transaction of $753,891.30. Following the sale, the chief executive officer now directly owns 157,893 shares of the company's stock, valued at $23,162,903.10. This represents a 3.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,271 shares of company stock worth $8,706,576. 0.33% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

YUM has been the subject of several research reports. Wells Fargo & Company upped their price target on shares of Yum! Brands from $145.00 to $160.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 5th. The Goldman Sachs Group upped their target price on shares of Yum! Brands from $140.00 to $155.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Cowen reiterated a "hold" rating on shares of Yum! Brands in a research note on Wednesday, March 5th. UBS Group upped their price objective on Yum! Brands from $156.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Guggenheim raised their target price on Yum! Brands from $155.00 to $165.00 and gave the stock a "buy" rating in a report on Tuesday, April 8th. Sixteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $156.20.

Yum! Brands Price Performance

Shares of YUM stock traded up $0.61 during mid-day trading on Friday, hitting $149.21. The company had a trading volume of 1,972,015 shares, compared to its average volume of 2,010,830. The stock's 50 day moving average price is $151.79 and its 200-day moving average price is $141.04. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The company has a market capitalization of $41.55 billion, a P/E ratio of 28.58, a P/E/G ratio of 2.31 and a beta of 0.77.

Yum! Brands (NYSE:YUM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.01. Yum! Brands had a negative return on equity of 20.33% and a net margin of 19.68%. The business had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.85 billion. During the same period in the prior year, the firm earned $1.15 EPS. The company's revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities research analysts expect that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were paid a dividend of $0.71 per share. This is a boost from Yum! Brands's previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Friday, February 21st. Yum! Brands's payout ratio is presently 56.57%.

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.