Capital Planning Advisors LLC Acquires 1,270 Shares of Yum! Brands, Inc. (YUM)

Capital Planning Advisors LLC increased its holdings in Yum! Brands, Inc. (NYSE:YUM) by 16.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,854 shares of the restaurant operator’s stock after buying an additional 1,270 shares during the period. Capital Planning Advisors LLC’s holdings in Yum! Brands were worth $723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of YUM. Shelton Capital Management bought a new position in Yum! Brands in the second quarter worth approximately $229,000. Janus Henderson Group PLC raised its stake in Yum! Brands by 674.6% in the second quarter. Janus Henderson Group PLC now owns 356,762 shares of the restaurant operator’s stock worth $26,315,000 after buying an additional 310,707 shares in the last quarter. WINTON GROUP Ltd raised its stake in Yum! Brands by 63.3% in the second quarter. WINTON GROUP Ltd now owns 16,017 shares of the restaurant operator’s stock worth $1,181,000 after buying an additional 6,208 shares in the last quarter. Toronto Dominion Bank raised its stake in Yum! Brands by 23.4% in the second quarter. Toronto Dominion Bank now owns 112,134 shares of the restaurant operator’s stock worth $8,269,000 after buying an additional 21,284 shares in the last quarter. Finally, Davidson Kempner Capital Management LP raised its stake in Yum! Brands by 440.0% in the second quarter. Davidson Kempner Capital Management LP now owns 675,000 shares of the restaurant operator’s stock worth $49,788,000 after buying an additional 550,000 shares in the last quarter. 73.23% of the stock is owned by institutional investors.

A number of equities analysts recently commented on YUM shares. BMO Capital Markets boosted their price objective on shares of Yum! Brands from $77.00 to $80.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. Jefferies Group lifted their price target on shares of Yum! Brands from $66.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Oppenheimer reaffirmed a “buy” rating and issued a $85.00 price target on shares of Yum! Brands in a report on Monday, October 30th. Zacks Investment Research raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a report on Sunday, January 21st. Finally, Barclays reaffirmed an “equal weight” rating and issued a $84.00 price target (up from $79.00) on shares of Yum! Brands in a report on Tuesday, January 16th. Fourteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Yum! Brands presently has an average rating of “Buy” and a consensus target price of $82.26.

In related news, CEO Brian R. Niccol sold 2,294 shares of the business’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $84.90, for a total transaction of $194,760.60. Following the completion of the transaction, the chief executive officer now directly owns 10,160 shares in the company, valued at $862,584. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian R. Niccol sold 927 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.46, for a total transaction of $77,367.42. The disclosure for this sale can be found here. Insiders have sold 5,270 shares of company stock worth $438,570 over the last three months. Corporate insiders own 7.38% of the company’s stock.

Shares of Yum! Brands, Inc. (YUM) opened at $77.88 on Thursday. The firm has a market cap of $26,208.00, a price-to-earnings ratio of 26.18, a PEG ratio of 1.85 and a beta of 0.93. The company has a current ratio of 1.66, a quick ratio of 1.65 and a debt-to-equity ratio of -1.49. Yum! Brands, Inc. has a 1-year low of $62.85 and a 1-year high of $86.93.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, February 8th. The restaurant operator reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.16. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.59 billion. Yum! Brands had a net margin of 22.80% and a negative return on equity of 17.27%. The business’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.79 earnings per share. analysts predict that Yum! Brands, Inc. will post 3.3 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Wednesday, February 14th will be issued a dividend of $0.36 per share. The ex-dividend date is Tuesday, February 13th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.30. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.85%. Yum! Brands’s payout ratio is 37.99%.

Yum! Brands declared that its board has initiated a share repurchase plan on Friday, November 17th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the restaurant operator to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

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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.

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

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