Mason Street Advisors LLC Has $4.92 Million Stake in Yum! Brands, Inc. (NYSE:YUM)

Mason Street Advisors LLC decreased its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 43,351 shares of the restaurant operator’s stock after selling 286 shares during the period. Mason Street Advisors LLC’s holdings in Yum! Brands were worth $4,917,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arizona State Retirement System increased its holdings in shares of Yum! Brands by 3.4% during the 2nd quarter. Arizona State Retirement System now owns 94,152 shares of the restaurant operator’s stock valued at $10,420,000 after acquiring an additional 3,093 shares during the last quarter. Calton & Associates Inc. acquired a new position in shares of Yum! Brands during the 2nd quarter valued at about $212,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Yum! Brands by 6.6% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 64,839 shares of the restaurant operator’s stock valued at $7,176,000 after acquiring an additional 3,997 shares during the last quarter. Ellington Management Group LLC increased its holdings in shares of Yum! Brands by 27.5% during the 2nd quarter. Ellington Management Group LLC now owns 8,800 shares of the restaurant operator’s stock valued at $974,000 after acquiring an additional 1,900 shares during the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings in shares of Yum! Brands by 58.2% during the 2nd quarter. HBK Sorce Advisory LLC now owns 3,352 shares of the restaurant operator’s stock valued at $278,000 after acquiring an additional 1,233 shares during the last quarter. 75.75% of the stock is currently owned by institutional investors and hedge funds.

NYSE:YUM traded down $0.63 during mid-day trading on Tuesday, hitting $98.20. 103,876 shares of the company’s stock traded hands, compared to its average volume of 2,490,145. The firm has a 50 day moving average of $109.28 and a two-hundred day moving average of $109.91. Yum! Brands, Inc. has a 12 month low of $86.10 and a 12 month high of $119.72. The firm has a market capitalization of $29.89 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 2.17 and a beta of 0.48.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.80 EPS for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.14). Yum! Brands had a negative return on equity of 11.69% and a net margin of 20.88%. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the business posted $1.04 EPS. Yum! Brands’s revenue was down 3.7% compared to the same quarter last year. On average, equities analysts forecast that Yum! Brands, Inc. will post 3.71 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 21st will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.71%. Yum! Brands’s dividend payout ratio is currently 53.00%.

In other Yum! Brands news, General Counsel Scott Catlett sold 1,015 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $116.63, for a total value of $118,379.45. Following the completion of the sale, the general counsel now owns 5,376 shares in the company, valued at approximately $627,002.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President David W. Gibbs sold 1,583 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $113.37, for a total value of $179,464.71. Following the completion of the sale, the president now owns 43,279 shares of the company’s stock, valued at approximately $4,906,540.23. The disclosure for this sale can be found here. Insiders sold a total of 22,959 shares of company stock valued at $2,657,189 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

YUM has been the subject of several recent analyst reports. Cfra downgraded Yum! Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Citigroup set a $138.00 target price on Yum! Brands and gave the company a “hold” rating in a research note on Monday, August 12th. BTIG Research increased their target price on Yum! Brands to $130.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. BMO Capital Markets increased their target price on Yum! Brands to $112.00 and gave the company a “market perform” rating in a research note on Friday, August 2nd. They noted that the move was a valuation call. Finally, MKM Partners initiated coverage on Yum! Brands in a research note on Tuesday, August 13th. They set a “neutral” rating and a $125.00 target price for the company. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $112.88.

About Yum! Brands

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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