Key Financial Inc Has $884,000 Holdings in Yum! Brands, Inc. (NYSE:YUM)

Key Financial Inc boosted its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 68.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,327 shares of the restaurant operator’s stock after buying an additional 2,567 shares during the period. Key Financial Inc’s holdings in Yum! Brands were worth $884,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Ruedi Wealth Management Inc. grew its position in Yum! Brands by 79.8% in the first quarter. Ruedi Wealth Management Inc. now owns 187 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 83 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of Yum! Brands by 165.7% during the 1st quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 116 shares during the last quarter. Crewe Advisors LLC acquired a new position in Yum! Brands during the 1st quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. lifted its stake in Yum! Brands by 957.1% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 201 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its position in Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after buying an additional 82 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

YUM has been the subject of several research analyst reports. Morgan Stanley lowered their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a report on Tuesday, July 16th. Robert W. Baird raised their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Bank of America lowered their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft upped their price target on Yum! Brands from $143.00 to $147.00 and gave the company a “hold” rating in a research report on Wednesday, August 7th. Finally, Stifel Nicolaus cut their price objective 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. Ten analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $146.44.

Yum! Brands Trading Up 0.9 %

Yum! Brands stock traded up $1.18 during midday trading on Friday, reaching $132.34. The stock had a trading volume of 1,888,556 shares, compared to its average volume of 1,415,347. The company has a fifty day moving average price of $134.30 and a two-hundred day moving average price of $134.92. Yum! Brands, Inc. has a 12 month low of $122.79 and a 12 month high of $143.20. The company has a market capitalization of $37.21 billion, a P/E ratio of 24.24, a PEG ratio of 2.06 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, August 6th. The restaurant operator reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.02. The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. During the same period in the prior year, the firm earned $1.41 earnings per share. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.59 earnings per share for the current fiscal 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 2.03%. The ex-dividend date of this dividend was Tuesday, August 27th. Yum! Brands’s payout ratio is presently 49.08%.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now owns 152,634 shares of the company’s stock, valued at $20,518,588.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Sabir Sami sold 71,051 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $137.16, for a total value of $9,745,355.16. Following the completion of the sale, the chief executive officer now owns 68 shares in the company, valued at $9,326.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now owns 152,634 shares in the company, valued at approximately $20,518,588.62. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,673 shares of company stock worth $13,918,095 in the last quarter. Insiders own 0.31% of the company’s stock.

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.