Yum! Brands, Inc. $YUM Shares Bought by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC raised its stake in Yum! Brands, Inc. (NYSE:YUM) by 5.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,555 shares of the restaurant operator’s stock after acquiring an additional 311 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Yum! Brands were worth $971,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Manchester Capital Management LLC lifted its holdings in Yum! Brands by 78.0% in the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator’s stock valued at $25,000 after acquiring an additional 71 shares during the period. Greykasell Wealth Strategies Inc. acquired a new position in Yum! Brands in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC acquired a new position in Yum! Brands in the first quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new position in Yum! Brands in the second quarter valued at approximately $29,000. Finally, Wayfinding Financial LLC acquired a new position in Yum! Brands in the first quarter valued at approximately $32,000. 82.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Sanford C. Bernstein set a $164.00 price objective on Yum! Brands in a research report on Tuesday, August 5th. Wells Fargo & Company cut their price objective on Yum! Brands from $160.00 to $155.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. JPMorgan Chase & Co. cut their price objective on Yum! Brands from $162.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday, August 6th. Weiss Ratings restated a “buy (b)” rating on shares of Yum! Brands in a research report on Wednesday. Finally, Melius assumed coverage on Yum! Brands in a research report on Monday, July 14th. They issued a “buy” rating and a $200.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Yum! Brands has an average rating of “Hold” and an average price target of $161.48.

Yum! Brands Stock Performance

Shares of YUM opened at $141.53 on Friday. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $163.30. The stock has a market capitalization of $39.28 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.21 and a beta of 0.72. The stock has a 50 day moving average price of $147.04 and a 200 day moving average price of $146.80.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the firm posted $1.35 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, analysts predict that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.84 dividend on an annualized basis and a yield of 2.0%. Yum! Brands’s payout ratio is 56.02%.

Insider Buying and Selling

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 2,038 shares of the business’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $145.30, for a total transaction of $296,121.40. Following the transaction, the director owned 1,233 shares of the company’s stock, valued at approximately $179,154.90. The trade was a 62.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Scott Mezvinsky sold 275 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $152.59, for a total value of $41,962.25. Following the transaction, the chief executive officer directly owned 1,755 shares in the company, valued at $267,795.45. This trade represents a 13.55% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 36,195 shares of company stock worth $5,348,137. 0.33% of the stock is currently owned by corporate insiders.

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.