Wiser Advisor Group LLC Sells 77 Shares of Yum! Brands, Inc. (NYSE:YUM)

Wiser Advisor Group LLC lowered its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 27.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 201 shares of the restaurant operator’s stock after selling 77 shares during the period. Wiser Advisor Group LLC’s holdings in Yum! Brands were worth $28,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. grew its position in shares of Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 201 shares during the period. Meeder Asset Management Inc. boosted its stake in Yum! Brands by 43.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 82 shares during the period. Kimelman & Baird LLC bought a new stake in shares of Yum! Brands during the second quarter valued at approximately $37,000. Iron Horse Wealth Management LLC boosted its position in shares of Yum! Brands by 3,088.9% during the second quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock worth $38,000 after acquiring an additional 278 shares during the last quarter. Finally, Horizons Wealth Management purchased a new position in Yum! Brands during the second quarter valued at $38,000. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Price Performance

Shares of NYSE:YUM traded up $1.59 during trading on Monday, reaching $136.86. 30,625 shares of the company were exchanged, compared to its average volume of 1,927,735. The firm has a market capitalization of $38.19 billion, a PE ratio of 25.28, a P/E/G ratio of 2.28 and a beta of 1.10. The business’s fifty day simple moving average is $134.45 and its 200-day simple moving average is $134.47. Yum! Brands, Inc. has a 12-month low of $123.70 and a 12-month high of $143.20.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same period last year, the firm earned $1.44 earnings per share. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.47 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 1.96%. The ex-dividend date is Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.

Insider Buying and Selling at Yum! Brands

In related news, CEO David W. Gibbs sold 7,059 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $135.94, for a total transaction of $959,600.46. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at $20,307,396.90. This trade represents a 4.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 21,069 shares of company stock valued at $2,842,965. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on YUM. Deutsche Bank Aktiengesellschaft cut their price objective on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Loop Capital decreased their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Bank of America cut their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen reissued a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research note on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $145.94.

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.