Vanguard Personalized Indexing Management LLC Has $2.93 Million Position in Yum! Brands, Inc. (NYSE:YUM)

Vanguard Personalized Indexing Management LLC increased its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 22,389 shares of the restaurant operator’s stock after purchasing an additional 458 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Yum! Brands were worth $2,925,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Naples Money Management LLC acquired a new stake in Yum! Brands in the 4th quarter worth $26,000. Bfsg LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth approximately $26,000. Fortitude Family Office LLC bought a new stake in shares of Yum! Brands during the fourth quarter valued at approximately $27,000. Bruce G. Allen Investments LLC bought a new stake in shares of Yum! Brands during the fourth quarter valued at approximately $34,000. Finally, DB Wealth Management Group LLC acquired a new stake in Yum! Brands during the third quarter worth $43,000. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Price Performance

Shares of YUM stock traded up $3.52 during trading hours on Thursday, reaching $141.86. The company had a trading volume of 731,748 shares, compared to its average volume of 1,991,734. Yum! Brands, Inc. has a 1-year low of $115.53 and a 1-year high of $143.20. The firm has a market cap of $39.95 billion, a price-to-earnings ratio of 25.07, a P/E/G ratio of 2.19 and a beta of 1.07. The company has a 50 day moving average of $137.98 and a 200 day moving average of $132.59.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05). The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.71 billion. Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.06 EPS. As a group, sell-side analysts forecast that Yum! Brands, Inc. will post 5.65 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Tuesday, May 28th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.89%. Yum! Brands’s payout ratio is presently 47.52%.

Analyst Upgrades and Downgrades

YUM has been the topic of a number of analyst reports. Citigroup lowered their target price on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. BMO Capital Markets increased their target price on Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. JPMorgan Chase & Co. decreased their price target on Yum! Brands from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Royal Bank of Canada dropped their price objective on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. Finally, Guggenheim increased their target price on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $143.53.

Insiders Place Their Bets

In related news, CEO David W. Gibbs sold 7,073 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $137.14, for a total value of $969,991.22. Following the completion of the sale, the chief executive officer now owns 168,879 shares in the company, valued at approximately $23,160,066.06. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $138.37, for a total transaction of $979,382.86. Following the completion of the sale, the chief executive officer now owns 172,128 shares of the company’s stock, valued at $23,817,351.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 7,073 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $137.14, for a total value of $969,991.22. Following the transaction, the chief executive officer now owns 168,879 shares of the company’s stock, valued at approximately $23,160,066.06. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,527 shares of company stock worth $3,772,112. Company insiders own 0.31% of the company’s stock.

Yum! Brands Company 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.