Sigma Planning Corp has a $401,000 stock position in Yum! Brands, Inc. (NYSE:YUM)
Sigma Planning Corp reduced its stake in Yum! Brands, Inc. (NYSE: YUM – Get Rating) by 12.4% in the first quarter, according to its most recent Form 13F filed with the Securities and Exchange Commission (SEC). The institutional investor held 3,381 shares of the restaurateur after selling 477 shares during the period. Sigma Planning Corp’s holdings in Yum! The brands were worth $401,000 at the end of the last quarter.
Other institutional investors have also recently changed their stake in the company. CVA Family Office LLC has acquired a new stake in Yum! Marks in the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC bought a new stock position of Yum! Marks during the fourth quarter valued at $31,000. Cornerstone Advisory LLC bought a new equity position in Yum! Marks during the fourth quarter valued at $31,000. Dixon Hughes Goodman Wealth Advisors LLC bought a new stock position in Yum! Marks during the fourth quarter valued at $34,000. Finally, Massmutual Trust Co. FSB ADV increased its equity stake in Yum! Marks 93.7% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 244 shares of the restaurateur valued at $34,000 after acquiring 118 additional shares in the last quarter. Hedge funds and other institutional investors own 79.23% of the company’s shares.
YUM has been the subject of several analyst reports. StockNews.com launched coverage on shares of Yum! Brands in a Thursday, March 31, research note. They set a “holding” rating for the company. Morgan Stanley lowered its price target on shares of Yum! Marks $150.00 to $146.00 and set an “overweight” rating for the company in a Thursday, April 14 research note. BMO Capital Markets lowered its price target on shares of Yum! Marks $140.00-$130.00 in a research note on Thursday, May 5. Citigroup lowered its price target on shares of Yum! Marks $156.00-$148.00 in a research note from Thursday, May 5. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on shares of Yum! Marks $142.00-$136.00 in a research note from Thursday, May 5. Seven research analysts gave the stock a hold rating and ten gave the company a buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $138.47.
YUM opened at $117.28 on Friday. Yum! Brands, Inc. has a 1-year low of $108.37 and a 1-year high of $139.85. The company has a market capitalization of $33.44 billion, a P/E ratio of 21.28, a price-to-earnings growth ratio of 2.16 and a beta of 1.02. The company has a fifty-day moving average price of $114.65 and a two-hundred-day moving average price of $120.66.
Yum! Brands (NYSE:YUM – Get Rating) last released its quarterly results on Wednesday, May 4. The restaurateur reported earnings per share of $1.05 for the quarter, missing the consensus estimate of $1.07 per ($0.02). Yum! The brands had a net margin of 24.80% and a negative return on equity of 16.34%. The company posted revenue of $1.55 billion in the quarter, versus a consensus estimate of $1.59 billion. During the same period last year, the company posted earnings per share of $1.07. The company’s revenue for the quarter increased 4.1% year over year. As a group, analysts predict that Yum! Brands, Inc. will post earnings per share of 4.63 for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 10. Shareholders of record on Monday, May 30 received a dividend of $0.57. This represents an annualized dividend of $2.28 and a yield of 1.94%. The ex-dividend date was Thursday, May 26. Yum! Brands’ dividend payout ratio (DPR) is currently 41.38%.
About Yum! Brands (Get a rating)
YUM! Brands, Inc., together with its subsidiaries, develops, operates and franchises quick service restaurants worldwide. It operates through four segments: KFC Division, Taco Bell Division, Pizza Hut Division and Habit Burger Grill Division. The Company operates restaurants under the KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands, which specialize in chicken, pizza, grilled-to-order burgers, sandwiches, Mexican-style food categories and diners. other food products.
Want to see what other hedge funds hold YUM? Visit HoldingsChannel.com for the latest 13F deposits and insider trading for Yum! Brands, Inc. (NYSE: YUM – Get a review).
Get news and reviews for Yum! Daily Brands – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for Yum! Brands and related companies with MarketBeat.com’s FREE daily email newsletter.