Radnor Capital Management LLC Acquires New Holdings in Yum! Brands, Inc. (NYSE:YUM)

Radnor Capital Management LLC bought a new position in Yum! Brands, Inc. (NYSE:YUM) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,429 shares of the restaurant operator’s stock, valued at approximately $479,000.

Other hedge funds have also added to or reduced their stakes in the company. Manchester Capital Management LLC increased its position in Yum! Brands by 165.7% during the first quarter. Manchester Capital Management LLC now owns 186 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 116 shares during the last quarter. Crewe Advisors LLC bought a new stake in shares of Yum! Brands during the 1st quarter valued at about $28,000. DiNuzzo Private Wealth Inc. increased its position in shares of Yum! Brands by 957.1% during 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. Meeder Asset Management Inc. lifted its stake in shares of Yum! Brands by 43.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 82 shares during the period. Finally, Kimelman & Baird LLC purchased a new position in shares of Yum! Brands in the second quarter worth approximately $37,000. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Yum! Brands Stock Performance

YUM opened at $137.06 on Friday. The stock has a market capitalization of $38.54 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 2.09 and a beta of 1.10. The company has a fifty day moving average of $134.23 and a 200 day moving average of $134.81. Yum! Brands, Inc. has a fifty-two week low of $123.60 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.44 EPS. On average, equities research analysts forecast that Yum! Brands, Inc. will post 5.59 earnings per share for the current year.

Yum! Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 annualized dividend and a dividend yield of 1.96%. Yum! Brands’s dividend payout ratio (DPR) is 50.09%.

Analyst Ratings Changes

YUM has been the subject of a number of research reports. Bank of America reduced their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Evercore ISI cut Yum! Brands from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $160.00 to $145.00 in a report on Tuesday, July 16th. Morgan Stanley cut their price target on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating for the company in a report on Tuesday, July 16th. Stifel Nicolaus reduced their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research report on Monday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and a consensus target price of $145.94.

Insider Activity

In related news, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total transaction of $974,956.48. Following the sale, the chief executive officer now owns 159,132 shares of the company’s stock, valued at $21,947,485.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,069 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $137.92, for a total value of $974,956.48. Following the sale, the chief executive officer now owns 159,132 shares in the company, valued at approximately $21,947,485.44. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,622 shares of company stock worth $4,172,740. 0.31% of the stock is currently owned by insiders.

Yum! Brands 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.