111 Capital Sells 1,036 Shares of Yum! Brands, Inc. $YUM

111 Capital reduced its stake in Yum! Brands, Inc. (NYSE:YUM) by 13.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,410 shares of the restaurant operator’s stock after selling 1,036 shares during the period. 111 Capital’s holdings in Yum! Brands were worth $950,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of YUM. Manchester Capital Management LLC increased its holdings in Yum! Brands by 78.0% in the 1st 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 last quarter. Greykasell Wealth Strategies Inc. bought a new stake in Yum! Brands in the 1st quarter valued at $25,000. HFM Investment Advisors LLC bought a new stake in Yum! Brands in the 1st quarter valued at $25,000. Oliver Lagore Vanvalin Investment Group bought a new stake in Yum! Brands in the 2nd quarter valued at $29,000. Finally, Wayfinding Financial LLC bought a new stake in Yum! Brands in the 1st quarter valued at $32,000. 82.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Morgan Stanley reduced their price target on shares of Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Redburn Atlantic upgraded shares of Yum! Brands from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $145.00 to $177.00 in a report on Tuesday, June 10th. Evercore ISI reduced their target price on shares of Yum! Brands from $170.00 to $165.00 and set an “in-line” rating on the stock in a report on Wednesday, August 6th. Sanford C. Bernstein set a $164.00 target price on shares of Yum! Brands in a report on Tuesday, August 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Yum! Brands in a report on Saturday, September 27th. Eleven equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $161.32.

Yum! Brands Trading Down 0.5%

YUM stock opened at $150.61 on Friday. Yum! Brands, Inc. has a 12 month low of $122.13 and a 12 month high of $163.30. The company has a 50-day moving average price of $147.05 and a 200 day moving average price of $147.21. The stock has a market cap of $41.80 billion, a PE ratio of 29.71, a P/E/G ratio of 2.35 and a beta of 0.72.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 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 firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the firm posted $1.35 earnings per share. Yum! Brands’s revenue for the quarter was up 9.6% on a year-over-year basis. Sell-side analysts forecast that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum! Brands’s payout ratio is 56.02%.

Insider Activity at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 2,038 shares of the business’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $145.30, for a total value of $296,121.40. Following the completion of the sale, the director directly owned 1,233 shares of the company’s stock, valued at $179,154.90. The trade was a 62.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,176 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $149.80, for a total transaction of $1,074,964.80. Following the completion of the sale, the chief executive officer directly owned 102,893 shares of the company’s stock, valued at approximately $15,413,371.40. This trade represents a 6.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 36,195 shares of company stock valued at $5,348,137 in the last quarter. Corporate insiders own 0.33% 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.