Monument Capital Management Sells 200 Shares of Yum! Brands, Inc. (NYSE:YUM)

Monument Capital Management reduced its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 10.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,630 shares of the restaurant operator’s stock after selling 200 shares during the quarter. Monument Capital Management’s holdings in Yum! Brands were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YUM. Naples Money Management LLC bought a new stake in Yum! Brands during the 4th quarter worth about $26,000. Fortitude Family Office LLC bought a new stake in Yum! Brands during the 4th quarter worth about $27,000. Bruce G. Allen Investments LLC bought a new stake in Yum! Brands during the 4th quarter worth about $34,000. Legacy Financial Group LLC bought a new stake in Yum! Brands during the 3rd quarter worth about $40,000. Finally, DB Wealth Management Group LLC bought a new stake in shares of Yum! Brands in the 3rd quarter valued at about $43,000. 82.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on YUM shares. TD Cowen reaffirmed a “buy” rating and issued a $160.00 price target on shares of Yum! Brands in a research note on Wednesday, April 10th. Argus reaffirmed a “hold” rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Royal Bank of Canada lowered their price target on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. Citigroup upped their price target on Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, JPMorgan Chase & Co. increased their target price on Yum! Brands from $133.00 to $134.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 19th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $145.00.

Yum! Brands Stock Up 0.4 %

NYSE:YUM opened at $139.06 on Tuesday. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.24. The business has a 50 day moving average price of $137.38 and a two-hundred day moving average price of $130.39. The company has a market cap of $39.15 billion, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 2.19 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the company earned $1.31 EPS. The company’s revenue was up .8% compared to the same quarter last year. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.73 earnings per share for the current fiscal year.

Yum! Brands Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, February 20th. This represents a $2.68 dividend on an annualized basis and a yield of 1.93%. This is an increase from Yum! Brands’s previous quarterly dividend of $0.61. Yum! Brands’s dividend payout ratio is 47.94%.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the sale, the chief executive officer now owns 172,128 shares of the company’s stock, valued at approximately $23,817,351.36. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, VP David Eric Russell sold 9,919 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the sale, the chief executive officer now directly owns 172,128 shares of the company’s stock, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Insiders sold a total of 24,064 shares of company stock valued at $3,228,698 in the last quarter. 0.31% of the stock is currently owned by 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.