3,030 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Atomi Financial Group Inc.

Atomi Financial Group Inc. purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, Holdings Channel reports. The fund purchased 3,030 shares of the restaurant operator’s stock, valued at approximately $407,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in Yum! Brands by 2.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 11,766 shares of the restaurant operator’s stock worth $1,559,000 after acquiring an additional 308 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in Yum! Brands by 70.8% in the second quarter. Public Sector Pension Investment Board now owns 10,853 shares of the restaurant operator’s stock valued at $1,438,000 after purchasing an additional 4,499 shares during the period. Evergreen Capital Management LLC increased its holdings in Yum! Brands by 7.0% in the second quarter. Evergreen Capital Management LLC now owns 2,744 shares of the restaurant operator’s stock valued at $363,000 after purchasing an additional 180 shares during the period. Marshall Wace LLP acquired a new position in Yum! Brands during the 2nd quarter worth about $7,645,000. Finally, Toronto Dominion Bank grew its position in shares of Yum! Brands by 31.3% in the 2nd quarter. Toronto Dominion Bank now owns 110,313 shares of the restaurant operator’s stock valued at $14,612,000 after buying an additional 26,315 shares during the last quarter. 82.37% of the stock is currently owned by institutional investors.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,059 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $135.94, for a total value of $959,600.46. Following the transaction, the chief executive officer now owns 149,385 shares of the company’s stock, 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 is accessible through this link. Company insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

NYSE:YUM opened at $128.31 on Friday. Yum! Brands, Inc. has a one year low of $122.13 and a one year high of $143.20. The company has a market cap of $35.81 billion, a PE ratio of 23.98, a PEG ratio of 2.02 and a beta of 1.11. The firm has a 50-day moving average of $133.06 and a 200-day moving average of $133.51.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $1.44 earnings per share. On average, equities research analysts expect that Yum! Brands, Inc. will post 5.46 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, December 13th. Stockholders of record on Monday, December 2nd were paid a $0.67 dividend. The ex-dividend date was Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.09%. Yum! Brands’s payout ratio is presently 50.09%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citigroup restated a “neutral” rating and set a $141.00 price objective (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Loop Capital dropped their price target on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Sanford C. Bernstein cut shares of Yum! Brands from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $140.00 to $135.00 in a research report on Wednesday. Redburn Atlantic lowered shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Bank of America decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Thirteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $144.89.

Yum! Brands Company Profile

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.