Quantitative Investment Management LLC Invests $1.30 Million in Yum! Brands, Inc. $YUM

Quantitative Investment Management LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the 1st quarter, Holdings Channel reports. The institutional investor bought 8,234 shares of the restaurant operator’s stock, valued at approximately $1,295,000.

Several other large investors also recently bought and sold shares of the stock. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Yum! Brands during the first quarter worth about $25,000. Manchester Capital Management LLC grew its stake in shares of Yum! Brands by 78.0% during the 1st quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 71 shares during the period. Wayfinding Financial LLC purchased a new stake in Yum! Brands during the 1st quarter worth $32,000. Financial Gravity Asset Management Inc. purchased a new stake in Yum! Brands during the 1st quarter worth $38,000. Finally, MorganRosel Wealth Management LLC purchased a new position in Yum! Brands in the 1st quarter valued at about $41,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Activity

In other Yum! Brands news, COO Tracy L. Skeans sold 12,220 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $148.24, for a total value of $1,811,492.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO David W. Gibbs sold 7,117 shares of the firm’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 owned 102,893 shares in the company, valued at approximately $15,084,113.80. The trade was a 6.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,284 shares of company stock valued at $4,310,663 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

Yum! Brands Price Performance

Shares of YUM stock opened at $147.7230 on Monday. The company has a fifty day moving average price of $146.12 and a two-hundred day moving average price of $148.19. The stock has a market cap of $41.00 billion, a P/E ratio of 29.14, a P/E/G ratio of 2.31 and a beta of 0.73. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $163.30.

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

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 2nd. Yum! Brands’s dividend payout ratio (DPR) is currently 56.02%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. The Goldman Sachs Group raised shares of Yum! Brands from a “neutral” rating to a “buy” rating and set a $167.00 price target on the stock in a research report on Wednesday, June 4th. Barclays reiterated an “overweight” rating and set a $164.00 price objective (down previously from $167.00) on shares of Yum! Brands in a research note on Tuesday, August 5th. Melius began coverage on shares of Yum! Brands in a research report on Monday, July 14th. They issued a “buy” rating and a $200.00 price target on the stock. TD Securities reissued a “hold” rating and set a $158.00 target price on shares of Yum! Brands in a research note on Wednesday, April 30th. Finally, TD Cowen cut their price target on shares of Yum! Brands from $158.00 to $156.00 and set a “hold” rating on the stock in a report on Tuesday, August 5th. Ten analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, Yum! Brands presently has an average rating of “Hold” and a consensus target price of $161.23.

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.