L.M. Kohn & Company Acquires 103 Shares of Yum! Brands, Inc. (NYSE:YUM)

L.M. Kohn & Company grew its holdings in Yum! Brands, Inc. (NYSE:YUM) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,854 shares of the restaurant operator’s stock after purchasing an additional 103 shares during the quarter. L.M. Kohn & Company’s holdings in Yum! Brands were worth $399,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of YUM. B. Riley Wealth Advisors Inc. boosted its stake in shares of Yum! Brands by 9.4% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 3,846 shares of the restaurant operator’s stock valued at $533,000 after purchasing an additional 332 shares during the last quarter. Tidal Investments LLC boosted its stake in Yum! Brands by 20.4% during the 1st quarter. Tidal Investments LLC now owns 12,355 shares of the restaurant operator’s stock worth $1,711,000 after acquiring an additional 2,094 shares during the last quarter. Cetera Investment Advisers boosted its stake in Yum! Brands by 409.7% during the 1st quarter. Cetera Investment Advisers now owns 47,061 shares of the restaurant operator’s stock worth $6,525,000 after acquiring an additional 37,828 shares during the last quarter. Cetera Advisors LLC boosted its stake in Yum! Brands by 45.7% during the 1st quarter. Cetera Advisors LLC now owns 12,794 shares of the restaurant operator’s stock worth $1,774,000 after acquiring an additional 4,012 shares during the last quarter. Finally, HM Payson & Co. boosted its stake in Yum! Brands by 9.0% during the 1st quarter. HM Payson & Co. now owns 1,328 shares of the restaurant operator’s stock worth $184,000 after acquiring an additional 110 shares during the last quarter. Institutional investors own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on YUM. Robert W. Baird lifted their price objective on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. JPMorgan Chase & Co. raised their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. TD Cowen restated a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $145.94.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the transaction, the chief executive officer now directly owns 152,634 shares of the company’s stock, valued at $20,518,588.62. The trade was a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 21,069 shares of company stock valued at $2,842,965 over the last ninety days. 0.31% of the stock is currently owned by company insiders.

Yum! Brands Trading Down 0.3 %

NYSE:YUM opened at $138.94 on Friday. Yum! Brands, Inc. has a 1-year low of $123.70 and a 1-year high of $143.20. The firm has a fifty day simple moving average of $135.15 and a 200 day simple moving average of $134.53. The stock has a market capitalization of $38.77 billion, a PE ratio of 25.97, a P/E/G ratio of 2.40 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period in the prior year, the business posted $1.44 earnings per share. Yum! Brands’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, equities analysts predict that Yum! Brands, Inc. will post 5.47 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.67 per share. The ex-dividend date is Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 1.93%. Yum! Brands’s dividend payout ratio (DPR) is 50.09%.

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.