Berman Capital Advisors LLC Has $117,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Berman Capital Advisors LLC increased its position in Yum! Brands, Inc. (NYSE:YUM) by 65.2% in the second quarter, Holdings Channel.com reports. The firm owned 1,024 shares of the restaurant operator’s stock after acquiring an additional 404 shares during the period. Berman Capital Advisors LLC’s holdings in Yum! Brands were worth $117,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Magellan Asset Management Ltd grew its position in shares of Yum! Brands by 22.8% in the 1st quarter. Magellan Asset Management Ltd now owns 20,824,164 shares of the restaurant operator’s stock valued at $2,252,758,000 after purchasing an additional 3,867,237 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Yum! Brands by 11.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 34,084,064 shares of the restaurant operator’s stock valued at $3,687,214,000 after purchasing an additional 3,464,493 shares during the period. BlackRock Inc. grew its position in shares of Yum! Brands by 6.5% in the 2nd quarter. BlackRock Inc. now owns 19,029,370 shares of the restaurant operator’s stock valued at $2,188,949,000 after purchasing an additional 1,160,623 shares during the period. Sustainable Growth Advisers LP grew its position in shares of Yum! Brands by 15.1% in the 1st quarter. Sustainable Growth Advisers LP now owns 7,392,908 shares of the restaurant operator’s stock valued at $799,765,000 after purchasing an additional 969,215 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Yum! Brands by 125.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,184,264 shares of the restaurant operator’s stock valued at $128,114,000 after purchasing an additional 659,935 shares during the period. Institutional investors own 78.31% of the company’s stock.

Shares of NYSE YUM opened at $125.52 on Friday. The stock’s fifty day moving average price is $129.39 and its two-hundred day moving average price is $120.55. Yum! Brands, Inc. has a one year low of $89.73 and a one year high of $135.77. The firm has a market cap of $37.11 billion, a price-to-earnings ratio of 28.79, a P/E/G ratio of 2.44 and a beta of 1.09.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, July 28th. The restaurant operator reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.21. Yum! Brands had a negative return on equity of 16.99% and a net margin of 21.21%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the firm posted $0.82 EPS. As a group, research analysts expect that Yum! Brands, Inc. will post 4.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 10th. Shareholders of record on Friday, August 27th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend was Thursday, August 26th. Yum! Brands’s dividend payout ratio is 55.25%.

In other news, CEO David W. Gibbs sold 1,469 shares of the stock in a transaction on Monday, August 16th. The stock was sold at an average price of $134.48, for a total transaction of $197,551.12. Following the sale, the chief executive officer now directly owns 22,255 shares of the company’s stock, valued at approximately $2,992,852.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 1,354 shares of the company’s stock in a transaction on Thursday, July 15th. The stock was sold at an average price of $116.81, for a total value of $158,160.74. Following the sale, the chief executive officer now owns 22,255 shares of the company’s stock, valued at $2,599,606.55. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 34,606 shares of company stock worth $4,433,076. Insiders own 0.37% of the company’s stock.

YUM has been the topic of several research reports. Citigroup cut Yum! Brands from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 26th. Guggenheim began coverage on Yum! Brands in a research note on Monday, July 26th. They set a “buy” rating and a $135.00 price objective on the stock. Cowen upped their price objective on Yum! Brands from $117.00 to $134.00 and gave the stock a “market perform” rating in a research note on Friday, July 30th. Royal Bank of Canada upped their price objective on Yum! Brands from $124.00 to $136.00 and gave the stock a “sector perform” rating in a research note on Friday, July 30th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Yum! Brands from $113.00 to $142.00 and gave the stock a “buy” rating in a research note on Friday, July 30th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Yum! Brands has a consensus rating of “Hold” and a consensus target price of $127.63.

About Yum! Brands

Yum! Brands, Inc operates as a service restaurant company. The firm engages in the development, operation, franchise, and licenses a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, Taco Bell Division, and Habit Burger Grill Division. The KFC Division segment comprises of all operations of the KFC concept.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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