JB Capital LLC Buys Shares of 1,489 Yum! Brands, Inc. (NYSE:YUM)

JB Capital LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,489 shares of the restaurant operator’s stock, valued at approximately $208,000.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Yum! Brands by 24.0% in the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock valued at $4,022,648,000 after buying an additional 5,607,517 shares in the last quarter. Capital World Investors lifted its stake in shares of Yum! Brands by 23.7% in the 1st quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock valued at $2,512,561,000 after purchasing an additional 3,470,883 shares during the last quarter. Capital International Investors lifted its stake in shares of Yum! Brands by 10.2% in the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock valued at $2,033,906,000 after purchasing an additional 1,362,813 shares during the last quarter. Sustainable Growth Advisers LP lifted its stake in shares of Yum! Brands by 2.1% in the 1st quarter. Sustainable Growth Advisers LP now owns 5,939,663 shares of the restaurant operator’s stock valued at $823,534,000 after purchasing an additional 121,285 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of Yum! Brands by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after purchasing an additional 104,328 shares during the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

YUM has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Loop Capital decreased their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday. Stifel Nicolaus decreased their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a research note on Monday, July 22nd. Deutsche Bank Aktiengesellschaft decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research note on Wednesday. Finally, Robert W. Baird upped their price target on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $145.94.

Insider Transactions at Yum! Brands

In other news, insider Scott Catlett sold 8,234 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the sale, the insider now owns 29,159 shares of the company’s stock, valued at approximately $4,017,818.61. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott Catlett sold 8,234 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $137.79, for a total value of $1,134,562.86. Following the sale, the insider now directly owns 29,159 shares in the company, valued at $4,017,818.61. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,622 shares of company stock valued at $4,172,740. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

YUM stock opened at $137.06 on Friday. The firm has a market capitalization of $38.54 billion, a P/E ratio of 25.62, a P/E/G ratio of 2.13 and a beta of 1.10. The business’s 50-day moving average is $134.23 and its two-hundred day moving average is $134.81. Yum! Brands, Inc. has a 1 year low of $123.60 and a 1 year high of $143.20.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. Yum! Brands’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 EPS. On average, analysts expect that Yum! Brands, Inc. will post 5.54 EPS for the current year.

Yum! Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Tuesday, August 27th. Yum! Brands’s dividend payout ratio (DPR) is presently 50.09%.

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.