Fagan Associates Inc. Increases Holdings in Yum! Brands, Inc. (YUM)

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Fagan Associates Inc. raised its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,424 shares of the restaurant operator’s stock after buying an additional 191 shares during the period. Yum! Brands comprises approximately 1.2% of Fagan Associates Inc.’s holdings, making the stock its 24th largest position. Fagan Associates Inc.’s holdings in Yum! Brands were worth $2,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Reilly Financial Advisors LLC increased its stake in shares of Yum! Brands by 71.4% in the 4th quarter. Reilly Financial Advisors LLC now owns 480 shares of the restaurant operator’s stock worth $44,000 after purchasing an additional 200 shares in the last quarter. Ipswich Investment Management Co. Inc. purchased a new stake in shares of Yum! Brands in the 4th quarter worth $46,000. Essex Savings Bank purchased a new stake in shares of Yum! Brands in the 4th quarter worth $50,000. First Command Bank increased its stake in shares of Yum! Brands by 63.0% in the 4th quarter. First Command Bank now owns 621 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 240 shares in the last quarter. Finally, First Command Financial Services Inc. increased its stake in shares of Yum! Brands by 63.0% in the 4th quarter. First Command Financial Services Inc. now owns 621 shares of the restaurant operator’s stock worth $57,000 after purchasing an additional 240 shares in the last quarter. Institutional investors and hedge funds own 70.78% of the company’s stock.

YUM opened at $94.49 on Monday. Yum! Brands, Inc. has a 52 week low of $76.32 and a 52 week high of $95.45. The stock has a market cap of $29.51 billion, a price-to-earnings ratio of 29.81, a P/E/G ratio of 1.98 and a beta of 0.60.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, February 7th. The restaurant operator reported $0.40 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.57). Yum! Brands had a net margin of 27.11% and a negative return on equity of 14.19%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the company earned $0.96 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts forecast that Yum! Brands, Inc. will post 3.79 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Thursday, February 14th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Wednesday, February 13th. This is an increase from Yum! Brands’s previous quarterly dividend of $0.36. Yum! Brands’s dividend payout ratio is 45.43%.

Several brokerages recently weighed in on YUM. Zacks Investment Research reaffirmed a “buy” rating and issued a $97.00 target price on shares of Yum! Brands in a report on Saturday, November 17th. Gordon Haskett began coverage on shares of Yum! Brands in a report on Thursday, October 18th. They issued a “hold” rating and a $90.00 target price for the company. Stifel Nicolaus downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 target price for the company. in a report on Tuesday, October 23rd. Cowen reaffirmed a “buy” rating and issued a $100.00 target price on shares of Yum! Brands in a report on Sunday, December 2nd. Finally, Robert W. Baird upped their target price on shares of Yum! Brands from $94.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $92.29.

In other news, CFO David W. Gibbs sold 6,391 shares of the company’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $88.22, for a total transaction of $563,814.02. Following the sale, the chief financial officer now directly owns 39,380 shares in the company, valued at approximately $3,474,103.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Scott Catlett sold 745 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $90.00, for a total transaction of $67,050.00. Following the sale, the general counsel now owns 5,188 shares in the company, valued at $466,920. The disclosure for this sale can be found here. Insiders have sold a total of 42,317 shares of company stock valued at $3,883,277 in the last three months. Insiders own 0.63% of the company’s stock.

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Yum! Brands Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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