Yum! Brands, Inc. (NYSE:YUM) Shares Purchased by MUFG Securities EMEA plc
MUFG Securities EMEA plc increased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 64.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 95,023 shares of the restaurant operator’s stock after buying an additional 37,387 shares during the period. MUFG Securities EMEA plc’s holdings in Yum! Brands were worth $10,516,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of YUM. Boston Financial Mangement LLC lifted its stake in Yum! Brands by 3.3% in the second quarter. Boston Financial Mangement LLC now owns 3,140 shares of the restaurant operator’s stock valued at $348,000 after buying an additional 100 shares during the last quarter. JNBA Financial Advisors lifted its position in shares of Yum! Brands by 21.6% during the 2nd quarter. JNBA Financial Advisors now owns 562 shares of the restaurant operator’s stock valued at $62,000 after acquiring an additional 100 shares during the last quarter. Rathbone Brothers plc boosted its stake in shares of Yum! Brands by 4.3% during the 2nd quarter. Rathbone Brothers plc now owns 2,450 shares of the restaurant operator’s stock worth $271,000 after acquiring an additional 100 shares in the last quarter. Beck Mack & Oliver LLC boosted its stake in shares of Yum! Brands by 0.6% during the 2nd quarter. Beck Mack & Oliver LLC now owns 15,957 shares of the restaurant operator’s stock worth $1,766,000 after acquiring an additional 100 shares in the last quarter. Finally, Beaumont Financial Partners LLC grew its holdings in shares of Yum! Brands by 4.1% in the 2nd quarter. Beaumont Financial Partners LLC now owns 2,550 shares of the restaurant operator’s stock worth $282,000 after acquiring an additional 101 shares during the last quarter. Institutional investors own 75.27% of the company’s stock.
YUM has been the topic of a number of recent analyst reports. Credit Suisse Group began coverage on Yum! Brands in a research report on Tuesday, June 25th. They set a “neutral” rating and a $106.00 target price on the stock. BTIG Research upped their price target on Yum! Brands to $130.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Edward Jones lowered shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Monday, July 1st. Citigroup set a $138.00 price objective on shares of Yum! Brands and gave the company a “hold” rating in a report on Monday, August 12th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Yum! Brands in a research note on Friday, July 12th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company. Yum! Brands has a consensus rating of “Hold” and an average price target of $110.65.
NYSE YUM traded down $1.59 during trading hours on Wednesday, reaching $113.68. 1,213,835 shares of the company’s stock were exchanged, compared to its average volume of 1,231,686. The company has a market capitalization of $35.17 billion, a price-to-earnings ratio of 35.86, a price-to-earnings-growth ratio of 2.49 and a beta of 0.51. The company’s 50-day moving average is $116.29 and its two-hundred day moving average is $106.63. Yum! Brands, Inc. has a one year low of $84.53 and a one year high of $119.72.
Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.06. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Yum! Brands had a net margin of 24.29% and a negative return on equity of 13.02%. The business’s revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 earnings per share. Analysts predict that Yum! Brands, Inc. will post 3.87 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 19th were issued a dividend of $0.42 per share. The ex-dividend date was Friday, August 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.48%. Yum! Brands’s payout ratio is 53.00%.
Yum! Brands Company Profile
YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.
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