BerganKDV Wealth Management LLC Continues to Hold Position in Yum! Brands, Inc. (YUM)

BerganKDV Wealth Management LLC held its position in shares of Yum! Brands, Inc. (NYSE:YUM) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,200 shares of the restaurant operator’s stock at the end of the second quarter. BerganKDV Wealth Management LLC’s holdings in Yum! Brands were worth $531,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in YUM. USA Financial Portformulas Corp increased its position in Yum! Brands by 25.8% in the fourth quarter. USA Financial Portformulas Corp now owns 43,233 shares of the restaurant operator’s stock valued at $2,738,000 after buying an additional 8,880 shares during the last quarter. Whalerock Point Partners LLC increased its stake in Yum! Brands by 25.5% in the fourth quarter. Whalerock Point Partners LLC now owns 8,625 shares of the restaurant operator’s stock valued at $546,000 after buying an additional 1,750 shares in the last quarter. M Holdings Securities Inc. increased its stake in Yum! Brands by 3.0% in the fourth quarter. M Holdings Securities Inc. now owns 3,813 shares of the restaurant operator’s stock valued at $241,000 after buying an additional 112 shares in the last quarter. Teachers Advisors LLC increased its stake in Yum! Brands by 21.8% in the fourth quarter. Teachers Advisors LLC now owns 509,014 shares of the restaurant operator’s stock valued at $32,236,000 after buying an additional 91,153 shares in the last quarter. Finally, Kentucky Retirement Systems bought a new stake in Yum! Brands during the fourth quarter valued at about $1,602,000. Hedge funds and other institutional investors own 73.75% of the company’s stock.

Yum! Brands, Inc. (NYSE:YUM) traded up 0.27% during midday trading on Friday, reaching $75.56. 2,183,929 shares of the company’s stock traded hands. The company has a market capitalization of $26.05 billion, a price-to-earnings ratio of 20.06 and a beta of 0.82. The firm’s 50-day moving average is $74.41 and its 200-day moving average is $69.15. Yum! Brands, Inc. has a 1-year low of $59.57 and a 1-year high of $76.62.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.07. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the company posted $0.75 EPS. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. Analysts forecast that Yum! Brands, Inc. will post $2.82 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were given a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.59%. Yum! Brands’s dividend payout ratio is presently 33.15%.

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YUM has been the topic of several research analyst reports. Zacks Investment Research raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a report on Tuesday, August 1st. BidaskClub raised Yum! Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 24th. Cowen and Company increased their target price on Yum! Brands from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, May 4th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $78.00 price target (up from $75.00) on shares of Yum! Brands in a research report on Tuesday, May 30th. Finally, Deutsche Bank AG restated a “hold” rating and set a $75.00 price target (up from $71.00) on shares of Yum! Brands in a research report on Monday, July 10th. Fifteen investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $78.64.

In other news, CFO David W. Gibbs sold 8,336 shares of the stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total transaction of $616,864.00. Following the transaction, the chief financial officer now directly owns 39,664 shares in the company, valued at approximately $2,935,136. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Brian R. Niccol sold 1,471 shares of the stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $72.64, for a total transaction of $106,853.44. Following the transaction, the chief executive officer now owns 6,712 shares in the company, valued at $487,559.68. The disclosure for this sale can be found here. Insiders sold a total of 11,294 shares of company stock worth $833,488 over the last quarter. Insiders own 7.38% of the company’s stock.

About Yum! Brands

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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