Shelton Capital Management Has $290,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Shelton Capital Management trimmed its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,094 shares of the restaurant operator’s stock after selling 100 shares during the period. Shelton Capital Management’s holdings in Yum! Brands were worth $290,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. HighMark Wealth Management LLC grew its holdings in Yum! Brands by 108.0% in the second quarter. HighMark Wealth Management LLC now owns 233 shares of the restaurant operator’s stock worth $32,000 after purchasing an additional 121 shares during the period. Clear Street Markets LLC increased its position in Yum! Brands by 28,400.0% in the 4th quarter. Clear Street Markets LLC now owns 285 shares of the restaurant operator’s stock valued at $37,000 after buying an additional 284 shares in the last quarter. Vestor Capital LLC raised its stake in Yum! Brands by 303.5% during the 2nd quarter. Vestor Capital LLC now owns 2,163 shares of the restaurant operator’s stock worth $41,000 after buying an additional 1,627 shares during the period. Fred Alger Management LLC bought a new position in Yum! Brands in the fourth quarter worth approximately $44,000. Finally, True Wealth Design LLC acquired a new stake in Yum! Brands in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 80.17% of the company’s stock.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 3,804 shares of the company’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $131.23, for a total value of $499,198.92. Following the completion of the transaction, the chief executive officer now directly owns 57,325 shares in the company, valued at $7,522,759.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO David W. Gibbs sold 3,804 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $131.23, for a total value of $499,198.92. Following the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at $7,522,759.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 3,727 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $127.97, for a total value of $476,944.19. Following the transaction, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at approximately $7,335,880.25. The disclosure for this sale can be found here. Insiders have sold 20,638 shares of company stock valued at $2,603,751 in the last quarter. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on YUM shares. Citigroup reduced their price target on shares of Yum! Brands from $173.00 to $163.00 and set a “buy” rating for the company in a research report on Tuesday, October 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Yum! Brands in a research report on Thursday, October 19th. They issued a “hold” rating and a $131.00 price target on the stock. Guggenheim cut their target price on Yum! Brands from $153.00 to $152.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Bank of America increased their target price on shares of Yum! Brands from $151.00 to $158.00 and gave the company a “neutral” rating in a report on Thursday, August 3rd. Finally, Barclays dropped their target price on shares of Yum! Brands from $140.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Monday, October 23rd. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $145.21.

Yum! Brands Stock Up 0.4 %

Shares of YUM opened at $128.12 on Tuesday. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.24. The stock has a market cap of $35.91 billion, a PE ratio of 24.36, a P/E/G ratio of 1.96 and a beta of 1.04. The business’s 50-day moving average price is $123.45 and its 200-day moving average price is $130.27.

Yum! Brands (NYSE:YUM) last posted its earnings results on Wednesday, November 1st. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.18. The business had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Yum! Brands had a net margin of 21.32% and a negative return on equity of 17.45%. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.09 EPS. Analysts expect that Yum! Brands, Inc. will post 5.29 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Tuesday, November 28th will be paid a $0.605 dividend. The ex-dividend date of this dividend is Monday, November 27th. This represents a $2.42 dividend on an annualized basis and a yield of 1.89%. Yum! Brands’s dividend payout ratio is presently 46.01%.

Yum! Brands Company Profile

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