Kelman Lazarov Inc. Increases Position in Yum! Brands, Inc. (NYSE:YUM)

Kelman Lazarov Inc. boosted its stake in Yum! Brands, Inc. (NYSE:YUM) by 6.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,751 shares of the restaurant operator’s stock after buying an additional 1,129 shares during the period. Kelman Lazarov Inc.’s holdings in Yum! Brands were worth $1,457,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Daiwa SB Investments Ltd. purchased a new stake in shares of Yum! Brands during the first quarter valued at $748,000. Bank of Montreal Can raised its position in Yum! Brands by 3.6% in the first quarter. Bank of Montreal Can now owns 415,938 shares of the restaurant operator’s stock valued at $26,580,000 after buying an additional 14,273 shares during the last quarter. Home Federal Bank of Tennessee bought a new position in Yum! Brands during the first quarter valued at approximately $201,000. Mitchell Mcleod Pugh & Williams Inc. raised its position in Yum! Brands by 3.4% in the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 18,862 shares of the restaurant operator’s stock valued at $1,205,000 after buying an additional 626 shares during the last quarter. Finally, Gulf International Bank UK Ltd raised its position in Yum! Brands by 1.1% in the first quarter. Gulf International Bank UK Ltd now owns 112,836 shares of the restaurant operator’s stock valued at $7,210,000 after buying an additional 1,200 shares during the last quarter. Institutional investors and hedge funds own 73.75% of the company’s stock.

Yum! Brands, Inc. (NYSE YUM) traded down 1.05% on Tuesday, hitting $74.20. The stock had a trading volume of 1,409,739 shares. The firm has a market cap of $25.84 billion, a price-to-earnings ratio of 18.69 and a beta of 0.82. The company’s 50-day moving average price is $74.25 and its 200 day moving average price is $68.76. Yum! Brands, Inc. has a one year low of $59.57 and a one year high of $76.62.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm posted $0.75 EPS. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. Analysts expect that Yum! Brands, Inc. will post $2.81 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.20 annualized dividend and a yield of 1.62%. Yum! Brands’s dividend payout ratio is currently 33.15%.

Several research analysts recently issued reports on YUM shares. BidaskClub raised Yum! Brands from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised Yum! Brands from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, August 1st. Barclays PLC increased their price objective on Yum! Brands from $72.00 to $74.00 and gave the company an “equal weight” rating in a report on Friday. BMO Capital Markets increased their price objective on Yum! Brands from $66.00 to $77.00 and gave the company a “market perform” rating in a report on Thursday, August 3rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $83.00 price objective on shares of Yum! Brands in a report on Friday. Fourteen equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $78.64.

In other Yum! Brands news, CFO David W. Gibbs sold 8,125 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $68.83, for a total value of $559,243.75. Following the completion of the transaction, the chief financial officer now directly owns 39,181 shares of the company’s stock, valued at approximately $2,696,828.23. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brian R. Niccol sold 1,471 shares of the company’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $72.64, for a total transaction of $106,853.44. Following the completion of the transaction, the chief executive officer now directly owns 6,712 shares of the company’s stock, valued at $487,559.68. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,083 shares of company stock valued at $775,868. 0.65% of the stock is owned by insiders.

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.