UMB Bank n.a. Sells 1,386 Shares of Yum! Brands, Inc. (NYSE:YUM)

UMB Bank n.a. reduced its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 22.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,749 shares of the restaurant operator’s stock after selling 1,386 shares during the period. UMB Bank n.a.’s holdings in Yum! Brands were worth $637,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of YUM. Safe Harbor Fiduciary LLC bought a new stake in shares of Yum! Brands in the 3rd quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. raised its holdings in shares of Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 201 shares in the last quarter. Kimelman & Baird LLC purchased a new stake in Yum! Brands in the second quarter worth $37,000. Strategic Investment Solutions Inc. IL bought a new stake in Yum! Brands in the second quarter valued at $39,000. Finally, Morse Asset Management Inc purchased a new position in Yum! Brands during the 3rd quarter valued at $42,000. 82.37% of the stock is owned by institutional investors.

Insider Activity at Yum! Brands

In related news, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the completion of the sale, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is owned by insiders.

Analyst Ratings Changes

YUM has been the topic of a number of research reports. Redburn Atlantic lowered shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Deutsche Bank Aktiengesellschaft reduced their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Loop Capital dropped their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Morgan Stanley reiterated an “equal weight” rating and issued a $140.00 price objective (down previously from $158.00) on shares of Yum! Brands in a report on Tuesday. Finally, 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. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Yum! Brands presently has a consensus rating of “Hold” and an average price target of $145.47.

Yum! Brands Trading Up 0.3 %

Shares of YUM opened at $125.64 on Wednesday. The company has a market cap of $35.06 billion, a price-to-earnings ratio of 23.48, a P/E/G ratio of 2.00 and a beta of 1.11. The business’s fifty day simple moving average is $133.62 and its two-hundred day simple moving average is $133.63. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $143.20.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 EPS 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 business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the business earned $1.44 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, research analysts forecast that Yum! Brands, Inc. will post 5.46 EPS for the current year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Monday, December 2nd were given a dividend of $0.67 per share. The ex-dividend date was Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 2.13%. Yum! Brands’s dividend payout ratio (DPR) is 50.09%.

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.