Valley Brook Capital Group Purchases Shares of 500 Yum! Brands, Inc. (NYSE:YUM)


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Valley Brook Capital Group purchased a new stake in Yum! Brands, Inc. (NYSE:YUM) during the 4th quarter, Holdings Channel reports. The firm purchased 500 shares of the restaurant operator’s stock, valued at approximately $54,000.

A number of other hedge funds have also modified their holdings of the business. Carret Asset Management LLC acquired a new stake in Yum! Brands in the 4th quarter valued at $229,000. DekaBank Deutsche Girozentrale increased its stake in Yum! Brands by 26.1% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 58,372 shares of the restaurant operator’s stock valued at $6,433,000 after buying an additional 12,064 shares during the last quarter. SOA Wealth Advisors LLC. acquired a new stake in Yum! Brands in the 4th quarter valued at $248,000. Childress Capital Advisors LLC acquired a new stake in Yum! Brands in the 4th quarter valued at $30,000. Finally, Amundi Pioneer Asset Management Inc. increased its stake in Yum! Brands by 50.5% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 425,909 shares of the restaurant operator’s stock valued at $46,236,000 after buying an additional 142,980 shares during the last quarter. Hedge funds and other institutional investors own 75.22% of the company’s stock.

Several research analysts have recently weighed in on the stock. Wells Fargo & Company upgraded shares of Yum! Brands from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $109.00 to $125.00 in a research note on Thursday, December 17th. MKM Partners boosted their price objective on shares of Yum! Brands from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, January 7th. JPMorgan Chase & Co. boosted their price objective on shares of Yum! Brands from $102.00 to $106.00 and gave the stock a “neutral” rating in a research note on Monday, December 14th. The Goldman Sachs Group started coverage on shares of Yum! Brands in a research note on Tuesday, January 19th. They set a “sell” rating and a $103.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Yum! Brands from $107.00 to $113.00 and gave the stock a “buy” rating in a report on Friday, February 5th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $104.11.

In related news, CEO David W. Gibbs sold 2,540 shares of the company’s stock in a transaction that occurred on Friday, January 15th. The shares were sold at an average price of $107.52, for a total transaction of $273,100.80. Following the completion of the transaction, the chief executive officer now directly owns 14,145 shares in the company, valued at approximately $1,520,870.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David W. Gibbs sold 1,282 shares of the company’s stock in a transaction that occurred on Monday, March 29th. The stock was sold at an average price of $108.00, for a total transaction of $138,456.00. Following the transaction, the chief executive officer now owns 22,256 shares of the company’s stock, valued at $2,403,648. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company’s stock.

Shares of Yum! Brands stock opened at $114.05 on Thursday. The company has a 50 day moving average of $106.53 and a 200-day moving average of $103.52. Yum! Brands, Inc. has a 1-year low of $70.86 and a 1-year high of $114.70. The company has a market cap of $34.22 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 2.49 and a beta of 0.93.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, February 3rd. The restaurant operator reported $1.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.14. Yum! Brands had a net margin of 18.78% and a negative return on equity of 12.42%. The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the prior year, the firm posted $1.00 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. As a group, equities analysts predict that Yum! Brands, Inc. will post 3.17 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 12th. Stockholders of record on Friday, February 12th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Thursday, February 11th. This is an increase from Yum! Brands’s previous quarterly dividend of $0.47. Yum! Brands’s dividend payout ratio is 56.34%.

Yum! Brands Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Pizza Hut Division, the Taco Bell Division, and the Habit Burger Grill Division. The company 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.

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

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