Camrose Capital Investment Partners LLP Has $44.38 Million Position in Yum! Brands, Inc. $YUM

Camrose Capital Investment Partners LLP reduced its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 5.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 291,981 shares of the restaurant operator’s stock after selling 16,487 shares during the period. Yum! Brands accounts for about 10.3% of Camrose Capital Investment Partners LLP’s holdings, making the stock its 5th biggest position. Camrose Capital Investment Partners LLP’s holdings in Yum! Brands were worth $44,381,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Yum! Brands by 1.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 695,059 shares of the restaurant operator’s stock worth $105,649,000 after acquiring an additional 8,888 shares during the period. Amundi grew its stake in Yum! Brands by 115.8% in the 2nd quarter. Amundi now owns 1,311,849 shares of the restaurant operator’s stock valued at $197,013,000 after purchasing an additional 703,891 shares during the period. Retirement Systems of Alabama increased its position in shares of Yum! Brands by 19.7% during the 3rd quarter. Retirement Systems of Alabama now owns 347,395 shares of the restaurant operator’s stock valued at $52,804,000 after purchasing an additional 57,112 shares during the last quarter. Invesco Ltd. raised its stake in shares of Yum! Brands by 34.3% during the 2nd quarter. Invesco Ltd. now owns 2,789,728 shares of the restaurant operator’s stock worth $413,382,000 after purchasing an additional 713,167 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Yum! Brands by 126.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 29,192 shares of the restaurant operator’s stock worth $4,326,000 after buying an additional 16,282 shares during the last quarter. 82.37% of the stock is owned by institutional investors.

Insider Activity at Yum! Brands

In other Yum! Brands news, CEO Christopher Lee Turner sold 242 shares of Yum! Brands stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $166.02, for a total value of $40,176.84. Following the transaction, the chief executive officer directly owned 65,297 shares of the company’s stock, valued at $10,840,607.94. The trade was a 0.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Aaron Powell sold 12,000 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $161.44, for a total transaction of $1,937,280.00. Following the sale, the chief executive officer owned 14,650 shares of the company’s stock, valued at $2,365,096. This represents a 45.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 14,414 shares of company stock worth $2,332,265 in the last ninety days. 0.33% of the stock is owned by company insiders.

Analyst Ratings Changes

YUM has been the subject of a number of research reports. Citigroup increased their target price on shares of Yum! Brands from $170.00 to $171.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on Yum! Brands from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday. Gordon Haskett upgraded Yum! Brands from a “hold” rating to a “buy” rating in a research note on Thursday, January 8th. Evercore reaffirmed an “outperform” rating and set a $190.00 price target on shares of Yum! Brands in a research report on Friday, February 13th. Finally, Wells Fargo & Company reissued a “positive” rating on shares of Yum! Brands in a report on Thursday, February 5th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Yum! Brands currently has a consensus rating of “Moderate Buy” and a consensus target price of $174.50.

Yum! Brands Stock Up 0.2%

Yum! Brands stock opened at $165.61 on Friday. The business has a 50-day simple moving average of $157.09 and a 200 day simple moving average of $150.83. Yum! Brands, Inc. has a 52 week low of $137.33 and a 52 week high of $169.39. The stock has a market cap of $45.78 billion, a price-to-earnings ratio of 29.84, a PEG ratio of 2.33 and a beta of 0.66.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, February 4th. The restaurant operator reported $1.73 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.03). The company had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.45 billion. Yum! Brands had a negative return on equity of 22.42% and a net margin of 18.98%.Yum! Brands’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.61 EPS. On average, research analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be paid a $0.75 dividend. This is a boost from Yum! Brands’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Friday, February 20th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.8%. Yum! Brands’s dividend payout ratio is presently 54.05%.

Yum! Brands Profile

Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.

The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.