Koshinski Asset Management Inc. Has $498,000 Stock Holdings in Yum! Brands, Inc. $YUM

Koshinski Asset Management Inc. lifted its stake in Yum! Brands, Inc. (NYSE:YUM) by 2.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,363 shares of the restaurant operator’s stock after acquiring an additional 87 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Yum! Brands were worth $498,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Chevy Chase Trust Holdings LLC increased its stake in shares of Yum! Brands by 0.3% in the second quarter. Chevy Chase Trust Holdings LLC now owns 153,513 shares of the restaurant operator’s stock worth $22,748,000 after acquiring an additional 458 shares during the last quarter. Arista Wealth Management LLC acquired a new position in shares of Yum! Brands in the second quarter worth $609,000. Stratos Wealth Partners LTD. increased its stake in shares of Yum! Brands by 8.0% in the second quarter. Stratos Wealth Partners LTD. now owns 8,414 shares of the restaurant operator’s stock worth $1,247,000 after acquiring an additional 620 shares during the last quarter. Oxbow Advisors LLC increased its stake in shares of Yum! Brands by 992.7% in the second quarter. Oxbow Advisors LLC now owns 22,444 shares of the restaurant operator’s stock worth $3,326,000 after acquiring an additional 20,390 shares during the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of Yum! Brands by 0.3% in the second quarter. Nordea Investment Management AB now owns 203,294 shares of the restaurant operator’s stock worth $29,905,000 after acquiring an additional 649 shares during the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Weir Mirian M. Graddick sold 2,038 shares of the firm’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $145.30, for a total value of $296,121.40. Following the sale, the director directly owned 1,233 shares of the company’s stock, valued at approximately $179,154.90. This trade represents a 62.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Tracy L. Skeans sold 12,220 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $148.24, for a total value of $1,811,492.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,078 shares of company stock valued at $4,304,785. 0.33% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on YUM shares. Morgan Stanley lowered their target price on shares of Yum! Brands from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. TD Cowen lowered their target price on shares of Yum! Brands from $158.00 to $156.00 and set a “hold” rating on the stock in a research report on Tuesday, August 5th. Evercore ISI lowered their target price on shares of Yum! Brands from $170.00 to $165.00 and set an “in-line” rating on the stock in a research report on Wednesday, August 6th. Piper Sandler increased their target price on shares of Yum! Brands from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Yum! Brands from $162.00 to $160.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 6th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $161.78.

Yum! Brands Stock Performance

Shares of NYSE:YUM opened at $148.17 on Tuesday. The company has a market cap of $41.12 billion, a P/E ratio of 29.22, a P/E/G ratio of 2.25 and a beta of 0.72. The stock’s 50-day moving average is $147.28 and its 200-day moving average is $146.21. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. Yum! Brands had a net margin of 18.11% and a negative return on equity of 21.01%. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.35 earnings per share. As a group, equities analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. Yum! Brands’s dividend payout ratio (DPR) is currently 56.02%.

Yum! Brands 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.