Householder Group Estate & Retirement Specialist LLC Sells 3,182 Shares of Yum! Brands, Inc. (NYSE:YUM)

Householder Group Estate & Retirement Specialist LLC cut its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 68.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,463 shares of the restaurant operator’s stock after selling 3,182 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Yum! Brands were worth $196,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Los Angeles Capital Management LLC lifted its position in shares of Yum! Brands by 5,077.1% during the third quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock worth $25,445,000 after purchasing an additional 178,612 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Yum! Brands by 14,151.9% in the third quarter. International Assets Investment Management LLC now owns 148,220 shares of the restaurant operator’s stock valued at $20,708,000 after purchasing an additional 147,180 shares in the last quarter. Geode Capital Management LLC raised its position in Yum! Brands by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock worth $1,038,775,000 after purchasing an additional 111,147 shares during the last quarter. Legal & General Group Plc lifted its holdings in Yum! Brands by 3.4% during the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock worth $419,123,000 after buying an additional 104,328 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in Yum! Brands by 140.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 126,550 shares of the restaurant operator’s stock valued at $16,763,000 after buying an additional 73,844 shares during the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Yum! Brands Trading Down 0.7 %

YUM stock opened at $125.31 on Friday. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $143.20. The business’s 50-day moving average price is $134.08 and its two-hundred day moving average price is $133.63. The firm has a market cap of $34.97 billion, a PE ratio of 23.42, a P/E/G ratio of 1.96 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the prior year, the firm posted $1.44 earnings per share. Yum! Brands’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, analysts forecast that Yum! Brands, Inc. will post 5.46 earnings per share for the current year.

Yum! Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s dividend payout ratio is 50.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Loop Capital dropped 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. TD Cowen restated a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a research report on Wednesday, November 6th. Citigroup reiterated a “neutral” rating and set a $141.00 price target (down previously from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, Oppenheimer lifted their target price on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $146.24.

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 3,815 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the completion of the transaction, the chief executive officer now owns 149,385 shares in the company, valued at approximately $20,474,708.10. This represents a 2.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.31% of the stock is currently owned by company insiders.

About Yum! Brands

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.