Yum! Brands, Inc. (NYSE:YUM) Shares Sold by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora lowered its stake in Yum! Brands, Inc. (NYSE:YUM) by 33.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 240 shares of the restaurant operator’s stock after selling 120 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Yum! Brands were worth $32,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Diversified Trust Co raised its position in Yum! Brands by 2.4% in the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock worth $464,000 after acquiring an additional 79 shares in the last quarter. Anchor Investment Management LLC raised its position in Yum! Brands by 7.4% in the third quarter. Anchor Investment Management LLC now owns 1,329 shares of the restaurant operator’s stock worth $186,000 after acquiring an additional 92 shares in the last quarter. Occidental Asset Management LLC raised its position in Yum! Brands by 2.5% in the third quarter. Occidental Asset Management LLC now owns 3,880 shares of the restaurant operator’s stock worth $542,000 after acquiring an additional 96 shares in the last quarter. Graypoint LLC raised its position in Yum! Brands by 1.7% in the fourth quarter. Graypoint LLC now owns 5,902 shares of the restaurant operator’s stock worth $792,000 after acquiring an additional 97 shares in the last quarter. Finally, Joel Isaacson & Co. LLC raised its position in Yum! Brands by 2.1% in the third 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 in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Loop Capital cut their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Oppenheimer increased their price objective on Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Sanford C. Bernstein cut Yum! Brands from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Finally, Morgan Stanley restated an “equal weight” rating and issued a $140.00 price target (down previously from $158.00) on shares of Yum! Brands in a research report on Tuesday, January 21st. Thirteen investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Hold” and an average target price of $144.89.

Insiders Place Their Bets

In other Yum! Brands 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 value of $522,883.90. Following the sale, the chief executive officer now directly owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is owned by corporate insiders.

Yum! Brands Trading Up 1.2 %

Shares of NYSE:YUM opened at $130.67 on Friday. The stock’s 50-day moving average price is $132.76 and its two-hundred day moving average price is $133.55. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $143.20. The firm has a market cap of $36.47 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 2.11 and a beta of 1.11.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the business posted $1.44 earnings per share. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, research 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 declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date was Monday, December 2nd. Yum! Brands’s payout ratio is 50.09%.

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.