Arkadios Wealth Advisors acquired a new equity position in Yum! Brands, Inc. (NYSE:YUM – Get Rating) in Q1, according to its most recent 13F filing with the SEC. The fund acquired 1,705 shares of the restaurateur, valued at around $202,000.
Several other institutional investors have also recently changed their stock holdings. CVA Family Office LLC acquired a new position in Yum! 4th quarter marks valued at $27,000. EverSource Wealth Advisors LLC acquired a new position in Yum! 4th quarter marks valued at $31,000. Cornerstone Advisory LLC acquired a new position in Yum! 4th quarter marks valued at $31,000. Riverview Trust Co acquired a new position in Yum! Q1 brands valued at $31,000. Finally, Dixon Hughes Goodman Wealth Advisors LLC acquired a new position in Yum! 4th quarter marks valued at $34,000. 79.23% of the shares are currently held by institutional investors and hedge funds.
Changes to analyst ratings
Several analysts have recently released reports on the stock. Morgan Stanley lowered its price target on shares of Yum! Marks $146.00 to $142.00 and set an “overweight” rating for the company in a Monday July 18 research note. Barclays lowered its price target on shares of Yum! Marks $124.00-$120.00 and set an “equal weight” rating for the company in a Thursday, June 9 research note. Deutsche Bank Aktiengesellschaft lowered its price target on shares of Yum! Marks $142.00-$136.00 in a research note from Thursday, May 5. Credit Suisse Group has lowered its price target on shares of Yum! Marks $137.00-$130.00 in a research note from Thursday, May 5. Finally, StockNews.com began covering shares of Yum! Brands in a research report Thursday, March 31. They set a “holding” rating for the company. Seven research analysts gave the stock a hold rating and eleven gave the company a buy rating. According to data from MarketBeat.com, the stock has an average “Moderate Buy” rating and an average target price of $137.69.
Yum! Performance of brand actions
Shares of Yum! Shares of Brands opened at $119.45 on Friday. The company has a market capitalization of $34.06 billion, a PE ratio of 21.68, a growth price-earnings ratio of 2.21 and a beta of 1.02. The company’s 50-day simple moving average is $115.65 and its 200-day simple moving average is $119.24. Yum! Brands, Inc. has a 1-year low of $108.37 and a 1-year high of $139.85.
Yum! Brands (NYSE:YUM – Get Rating) last released its results on Wednesday, May 4. The restaurateur reported earnings per share (EPS) of $1.05 for the quarter, missing analyst consensus estimates of $1.07 per ($0.02). The company posted revenue of $1.55 billion in the quarter, compared to analysts’ estimates of $1.59 billion. Yum! The brands had a net margin of 24.80% and a negative return on equity of 16.34%. The company’s revenue for the quarter increased by 4.1% compared to the same quarter last year. In the same quarter last year, the company posted EPS of $1.07. On average, stock analysts predict that Yum! Brands, Inc. will report earnings per share of 4.65 for the current year.
Yum! Brands announces dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 10. Investors of record on Monday, May 30 received a dividend of $0.57 per share. The ex-dividend date was Thursday, May 26. This represents an annualized dividend of $2.28 and a yield of 1.91%. Yum! Brands’ dividend payout ratio (DPR) is 41.38%.
Yum! Company Profile
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YUM! Brands, Inc., together with its subsidiaries, develops, operates and franchises quick service restaurants worldwide. It operates through four segments: KFC Division, Taco Bell Division, Pizza Hut Division and Habit Burger Grill Division. The Company operates restaurants under the KFC, Pizza Hut, Taco Bell and The Habit Burger Grill brands, which specialize in chicken, pizza, grilled-to-order burgers, sandwiches, Mexican-style food categories and diners. other food products.
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