Evermay Wealth Management LLC Sells 190 Shares of Yum! Brands, Inc. (NYSE:YUM)

Evermay Wealth Management LLC lessened its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,544 shares of the restaurant operator’s stock after selling 190 shares during the quarter. Evermay Wealth Management LLC’s holdings in Yum! Brands were worth $1,280,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in YUM. Diversified Trust Co boosted its position in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after purchasing an additional 79 shares during the period. Anchor Investment Management LLC boosted its holdings in shares of Yum! Brands by 7.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock worth $186,000 after buying an additional 92 shares during the period. Occidental Asset Management LLC grew its stake in Yum! Brands by 2.5% in the 3rd quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator’s stock valued at $542,000 after buying an additional 96 shares during the last quarter. Graypoint LLC raised its holdings in Yum! Brands by 1.7% in the 4th quarter. Graypoint LLC now owns 5,902 shares of the restaurant operator’s stock worth $792,000 after acquiring an additional 97 shares during the period. Finally, Joel Isaacson & Co. LLC lifted its position in Yum! Brands by 2.1% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 4,927 shares of the restaurant operator’s stock worth $688,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Shares of YUM stock opened at $130.48 on Friday. Yum! Brands, Inc. has a 52 week low of $122.13 and a 52 week high of $143.20. The stock’s fifty day moving average is $132.60 and its 200-day moving average is $133.55. The stock has a market capitalization of $36.41 billion, a PE ratio of 24.39, a PEG ratio of 2.11 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.44 EPS. As a group, analysts forecast that Yum! Brands, Inc. will post 5.46 earnings per share for the current fiscal year.

Yum! Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders 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 yield of 2.05%. Yum! Brands’s payout ratio is presently 50.09%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Bank of America reduced their price objective 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. Loop Capital decreased 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 lowered shares of Yum! Brands from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Redburn Atlantic downgraded Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a report on Wednesday, November 6th. Thirteen analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and an average target price of $144.89.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 3,815 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $137.06, for a total transaction of $522,883.90. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at $20,474,708.10. This trade represents a 2.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is owned by corporate insiders.

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.