Los Angeles Capital Management LLC Purchases 178,612 Shares of Yum! Brands, Inc. (NYSE:YUM)

Los Angeles Capital Management LLC boosted its position in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 5,077.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 182,130 shares of the restaurant operator's stock after buying an additional 178,612 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.06% of Yum! Brands worth $25,445,000 at the end of the most recent reporting period.

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Several other institutional investors have also recently bought and sold shares of YUM. Crewe Advisors LLC acquired a new stake in Yum! Brands in the 1st quarter valued at approximately $28,000. DiNuzzo Private Wealth Inc. grew its stake in shares of Yum! Brands by 957.1% in the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator's stock worth $31,000 after acquiring an additional 201 shares during the last quarter. Meeder Asset Management Inc. increased its position in Yum! Brands by 43.6% during the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator's stock worth $36,000 after acquiring an additional 82 shares during the period. Kimelman & Baird LLC acquired a new position in Yum! Brands during the 2nd quarter valued at $37,000. Finally, Iron Horse Wealth Management LLC grew its position in Yum! Brands by 3,088.9% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 278 shares during the last quarter. Institutional investors own 82.37% of the company's stock.

Yum! Brands Trading Up 0.1 %

Yum! Brands stock opened at $137.21 on Monday. The business has a 50-day moving average of $134.32 and a 200-day moving average of $134.77. The firm has a market capitalization of $38.58 billion, a P/E ratio of 25.65, a PEG ratio of 2.24 and a beta of 1.10. Yum! Brands, Inc. has a 1 year low of $123.60 and a 1 year high of $143.20.

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Yum! Brands (NYSE:YUM - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the business posted $1.44 EPS. The business's quarterly revenue was up 6.9% compared to the same quarter last year. Research analysts anticipate that Yum! Brands, Inc. will post 5.49 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, August 27th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 annualized dividend and a yield of 1.95%. Yum! Brands's dividend payout ratio (DPR) is currently 50.09%.

Analyst Upgrades and Downgrades

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A number of brokerages have commented on YUM. TD Cowen reiterated a "hold" rating and issued a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Loop Capital reduced their target price on Yum! Brands from $143.00 to $140.00 and set a "hold" rating for the company in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a "hold" rating for the company in a research note on Wednesday, November 6th. Bank of America dropped their price target on shares of Yum! Brands from $147.00 to $145.00 and set a "neutral" rating for the company in a research report on Tuesday, October 22nd. Finally, Stifel Nicolaus dropped their target price on Yum! Brands from $135.00 to $130.00 and set a "hold" rating for the company in a report on Monday, July 22nd. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $145.94.

Check Out Our Latest Stock Report on YUM

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now owns 152,634 shares of the company's stock, valued at $20,518,588.62. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the transaction, the director now directly owns 1,233 shares in the company, valued at $169,414.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,005 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the transaction, the chief executive officer now owns 152,634 shares of the company's stock, valued at $20,518,588.62. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 30,622 shares of company stock worth $4,172,740 over the last quarter. 0.31% of the stock is currently owned by company insiders.

Yum! Brands 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.

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