Vigilant Capital Management LLC Has $125,000 Stake in Yum! Brands, Inc. (YUM)

Vigilant Capital Management LLC held its position in Yum! Brands, Inc. (NYSE:YUM) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,700 shares of the restaurant operator’s stock at the end of the second quarter. Vigilant Capital Management LLC’s holdings in Yum! Brands were worth $125,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of YUM. Wetherby Asset Management Inc. increased its position in Yum! Brands by 0.5% in the first quarter. Wetherby Asset Management Inc. now owns 5,725 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 28 shares during the last quarter. FTB Advisors Inc. increased its position in Yum! Brands by 1.0% in the first quarter. FTB Advisors Inc. now owns 3,260 shares of the restaurant operator’s stock valued at $208,000 after buying an additional 31 shares during the last quarter. Kornitzer Capital Management Inc. KS increased its position in Yum! Brands by 0.5% in the first quarter. Kornitzer Capital Management Inc. KS now owns 10,800 shares of the restaurant operator’s stock valued at $690,000 after buying an additional 50 shares during the last quarter. Bartlett & Co. LLC increased its position in Yum! Brands by 3.6% in the first quarter. Bartlett & Co. LLC now owns 1,992 shares of the restaurant operator’s stock valued at $127,000 after buying an additional 70 shares during the last quarter. Finally, Needelman Asset Management Inc. increased its position in Yum! Brands by 0.6% in the second quarter. Needelman Asset Management Inc. now owns 11,470 shares of the restaurant operator’s stock valued at $846,000 after buying an additional 70 shares during the last quarter. 73.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of Yum! Brands, Inc. (NYSE YUM) opened at 75.56 on Friday. The company has a market capitalization of $26.07 billion, a PE ratio of 20.06 and a beta of 0.82. The company has a 50-day moving average of $74.41 and a 200 day moving average of $69.15. Yum! Brands, Inc. has a 52-week low of $59.57 and a 52-week high of $76.62.

Yum! Brands (NYSE:YUM) last issued its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.07. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. Yum! Brands’s revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 earnings per share. Analysts predict that Yum! Brands, Inc. will post $2.82 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend was Wednesday, July 12th. Yum! Brands’s dividend payout ratio is presently 33.15%.

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A number of equities research analysts have issued reports on the stock. Instinet restated a “buy” rating and set a $78.00 price target on shares of Yum! Brands in a report on Sunday, May 28th. BMO Capital Markets restated a “hold” rating and set a $66.00 price target on shares of Yum! Brands in a report on Monday, May 22nd. Cowen and Company restated an “outperform” rating and set a $75.00 price target on shares of Yum! Brands in a report on Tuesday, April 25th. Zacks Investment Research cut shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $75.00 target price on shares of Yum! Brands in a research note on Thursday, June 15th. Fifteen research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $78.64.

In other Yum! Brands news, CEO Brian R. Niccol sold 1,487 shares of the firm’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total value of $109,770.34. Following the transaction, the chief executive officer now directly owns 6,719 shares of the company’s stock, valued at $495,996.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David W. Gibbs sold 8,336 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total transaction of $616,864.00. Following the transaction, the chief financial officer now directly owns 39,664 shares in the company, valued at $2,935,136. The disclosure for this sale can be found here. Insiders sold 11,294 shares of company stock worth $833,488 over the last ninety days. Insiders own 7.38% of the company’s stock.

Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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