Yum! Brands, Inc. (NYSE:YUM) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC decreased its holdings in Yum! Brands, Inc. (NYSE:YUM) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 29,823 shares of the restaurant operator’s stock after selling 271 shares during the period. Stratos Wealth Advisors LLC’s holdings in Yum! Brands were worth $4,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Yum! Brands during the third quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. raised its position in Yum! Brands by 957.1% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after buying an additional 201 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of Yum! Brands in the 3rd quarter worth $42,000. Global Wealth Strategies & Associates boosted its holdings in shares of Yum! Brands by 649.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 367 shares of the restaurant operator’s stock valued at $49,000 after acquiring an additional 318 shares in the last quarter. Finally, Bruce G. Allen Investments LLC increased its stake in shares of Yum! Brands by 44.6% during the third quarter. Bruce G. Allen Investments LLC now owns 441 shares of the restaurant operator’s stock worth $62,000 after acquiring an additional 136 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Buying and Selling at Yum! Brands

In related news, CEO David W. Gibbs sold 7,059 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $135.94, for a total value of $959,600.46. Following the completion of the sale, the chief executive officer now directly owns 149,385 shares in the company, valued at approximately $20,307,396.90. The trade was a 4.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by insiders.

Yum! Brands Stock Up 0.0 %

YUM opened at $131.51 on Wednesday. The firm has a market cap of $36.70 billion, a P/E ratio of 24.58, a PEG ratio of 2.14 and a beta of 1.11. The business’s fifty day simple moving average is $132.49 and its 200 day simple moving average is $133.63. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $143.20.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results 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). The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. 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 earnings per share. As a group, equities analysts expect that Yum! Brands, Inc. will post 5.46 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.68 annualized dividend and a yield of 2.04%. Yum! Brands’s payout ratio is currently 50.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on YUM shares. TD Cowen restated a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Oppenheimer raised their price target on Yum! Brands from $154.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Loop Capital dropped 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. Citigroup reissued a “neutral” rating and issued a $141.00 target price (down previously from $153.00) on shares of Yum! Brands in a report on Friday, January 10th. Finally, Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Thirteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Yum! Brands has an average rating of “Hold” and a consensus target price of $144.89.

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.