Trilogy Global Advisors LP continued to hold its stake in Yum Brands Inc. (NYSE:YUM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,327,052 shares of the restaurant operator’s stock at the end of the third quarter. Yum Brands accounts for 4.0% of Trilogy Global Advisors LP’s holdings, making the stock its 3rd largest position. Trilogy Global Advisors LP owned about 0.36% of Yum Brands worth $120,510,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. Nicolet Bankshares Inc. increased its stake in Yum Brands by 1.9% in the third quarter. Nicolet Bankshares Inc. now owns 6,526 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 120 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Yum Brands by 1.7% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,718 shares of the restaurant operator’s stock worth $156,000 after buying an additional 28 shares in the last quarter. Sei Investments Co. increased its position in Yum Brands by 30.7% in the third quarter. Sei Investments Co. now owns 55,049 shares of the restaurant operator’s stock worth $4,999,000 after buying an additional 12,940 shares in the last quarter. US Bancorp DE increased its position in Yum Brands by 0.7% in the third quarter. US Bancorp DE now owns 189,399 shares of the restaurant operator’s stock worth $17,199,000 after buying an additional 1,385 shares in the last quarter. Finally, Homrich & Berg increased its position in Yum Brands by 5.1% in the third quarter. Homrich & Berg now owns 2,694 shares of the restaurant operator’s stock worth $245,000 after buying an additional 131 shares in the last quarter. 73.26% of the stock is owned by institutional investors and hedge funds.

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

Shares of Yum Brands Inc. (NYSE:YUM) opened at 63.11 on Tuesday. The stock has a market cap of $23.16 billion, a price-to-earnings ratio of 16.24 and a beta of 0.78. The stock’s 50 day moving average price is $61.97 and its 200-day moving average price is $62.22. Yum Brands Inc. has a 1-year low of $46.43 and a 1-year high of $66.13.

Yum Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, October 5th. The restaurant operator reported $1.09 EPS for the quarter, missing the consensus estimate of $1.10 by $0.01. Yum Brands had a negative return on equity of 589.18% and a net margin of 12.62%. The company earned $3.32 billion during the quarter. During the same quarter in the prior year, the business earned $1.00 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, equities research analysts forecast that Yum Brands Inc. will post $2.40 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 4th. Stockholders of record on Wednesday, October 19th were paid a $0.51 dividend. The ex-dividend date of this dividend was Monday, October 17th. This represents a $2.04 annualized dividend and a dividend yield of 3.23%. This is an increase from Yum Brands’s previous quarterly dividend of $0.46. Yum Brands’s dividend payout ratio (DPR) is 51.91%.

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A number of equities analysts have issued reports on YUM shares. BTIG Research reaffirmed a “hold” rating on shares of Yum Brands in a report on Sunday, September 4th. Goldman Sachs Group Inc. reaffirmed a “sell” rating and set a $70.00 price objective on shares of Yum Brands in a report on Wednesday, October 5th. Vetr raised shares of Yum Brands from a “buy” rating to a “strong-buy” rating and set a $95.43 price target on the stock in a report on Tuesday, November 1st. Jefferies Group reissued a “hold” rating and issued a $85.00 price target on shares of Yum Brands in a report on Friday, October 7th. Finally, Robert W. Baird set a $95.00 price target on shares of Yum Brands and gave the stock a “hold” rating in a report on Wednesday, October 12th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $91.72.

In related news, CEO Roger G. Eaton sold 53,518 shares of Yum Brands stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $91.72, for a total transaction of $4,908,670.96. Following the sale, the chief executive officer now owns 245,736 shares of the company’s stock, valued at approximately $22,538,905.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David W. Gibbs sold 14,487 shares of Yum Brands stock in a transaction that occurred on Thursday, October 13th. The shares were sold at an average price of $89.92, for a total value of $1,302,671.04. Following the sale, the chief financial officer now directly owns 48,261 shares in the company, valued at approximately $4,339,629.12. The disclosure for this sale can be found here. 7.38% of the stock is owned by insiders.

Yum Brands Company Profile

YUM! Brands, Inc (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept.

5 Day Chart for NYSE:YUM

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