As of the second quarter of this year, Jacobs & Co. CA, an investment management firm, has reduced its holdings in Yum! Brands, Inc. by 3.8%. This information comes from the company’s most recent Form 13F filing with the Securities and Exchange Commission. During this period, Jacobs & Co. CA sold 2,153 shares of Yum! Brands’ stock, leaving them with a total of 55,118 shares. The value of their holdings in Yum! Brands amounted to $7,636,000 at the time of filing.
Yum! Brands is a restaurant operator listed on the New York Stock Exchange (NYSE:YUM). The company last announced its earnings results on August 2nd. For the quarter, Yum! Brands reported earnings per share (EPS) of $1.41, surpassing the consensus estimate of $1.24 by $0.17. The business generated revenue totaling $1.69 billion for the quarter, slightly below analyst estimates of $1.75 billion.
Yum! Brands’ net margin stood at 20.31%, indicating a profitability measure for the company during this period. However, it also reported a negative return on equity (ROE) of 16.16%. In comparison to the previous year’s quarter when the company earned $1.05 EPS, there was significant growth recorded in terms of earnings per share.
Financial analysts project that Yum! Brands will achieve an EPS of 5.19 for the current fiscal year on average.
These figures and developments offer valuable insights into Yum! Brands’ financial performance and trajectory in recent times. Investors may benefit from analyzing these trends as they make decisions regarding their own financial portfolios.
Please note that this analysis is based on data available as of September 18th, 2023 and may be subject to change or revision as new information becomes available.
Updated on: 28/11/2023
Debt to equity ratio: Neutral
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
6:00 AM (UTC)
Date:28 November, 2023
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Institutional Investors Show Interest in Yum! Brands as Stock Performance and Analyst Insights Offer Opportunities
In recent news, several hedge funds and institutional investors have made changes to their positions in Yum! Brands (NYSE: YUM), a renowned restaurant operator. First Command Financial Services Inc. acquired a new position in Yum! Brands during the first quarter, investing $25,000. Similarly, Chelsea Counsel Co. purchased shares of Yum! Brands worth $27,000 during the fourth quarter of the previous year. TimeScale Financial Inc. also jumped on board by acquiring a new position in shares of Yum! Brands, valued at approximately $31,000 in the first quarter.
Clear Street Markets LLC showed even more interest in Yum! Brands by significantly increasing its holdings in the company by 28,400% during the fourth quarter. With an additional 284 shares purchased, Clear Street Markets LLC now owns a total of 285 shares worth $37,000.
Adding to the growing list of institutional investors entering the fold, OLD Mission Capital LLC also bought shares of Yum! Brands during the fourth quarter of last year with an investment totaling around $39,000. As it stands currently, institutional investors and hedge funds own a staggering 80.17% of Yum! Brands’ stock.
On Monday’s trading session, NYSE-listed YUM opened at $128.19 per share. The business boasts a fifty-day simple moving average of $132.49 and a two hundred-day simple moving average of $133.26 respectively. With regards to market capitalization, Yum! Brands holds an impressive value of $35.92 billion.
The performance figures for this restaurant operator reveal a price-to-earnings ratio (P/E) of 25.91 along with a PEG ratio (P/E to growth) standing at 2.01 – indicating potential growth opportunities for those willing to invest in this company’s stock.
In terms of market volatility and risk assessment tools such as beta, Yum! Brands currently possesses a beta of 1.01, suggesting that the stock’s price is likely to move in line with the overall market movements.
Examining Yum! Brands’ year-long performance, we observe that its shares have seen a low of $103.96 and a high of $143.24, offering potential intrigue for investors seeking potential fluctuations in the stock’s value.
Shareholders were recently rewarded with a quarterly dividend payout. The dividend was paid on September 8th to shareholders of record as of August 29th. With an annualized basis totaling $2.42 per share, this amounts to a dividend yield of 1.89%. Impressively, Yum! Brands boasts a consistent dividend payout ratio (DPR) of 48.99%.
A number of equities research analysts have also shared their insights on Yum! Brands’ outlook. Royal Bank of Canada, for instance, expressed their views by setting its price objective at $138.00 and indicating a “sector perform” rating for the company in their recent research report released on August 3rd.
In addition, StockNews.com initiated coverage on Yum! Brands and assigned a “hold” rating to the stock in their August 17th report. Barclays went ahead and revised their target price from $138.00 to $140.00 while assigning an “equal weight” rating to the company come August 3rd.
Citigroup had differing opinions as they reduced their price objective for Yum! Brands shares from $179.00 to $173.00 on August 3rd’s research report.
Finally, Piper Sandler chimed in on June 13th by initiating coverage on shares of Yum! Brands with a “neutral” rating and listing their price objective at $142.00.
According to data collected from Bloomberg, it can be deduced that eight analysts currently rate Yum! Brands as a hold, with nine holding a positive outlook for the stock by assigning buy ratings. Overall, the average rating for Yum! Brands stands at “Moderate Buy” with an average target price of $149.11.
As we approach September 18, 2023, these recent developments and financial figures surrounding Yum! Brands continue to generate interest and provide valuable insights for both institutional investors and potential individual investors looking to make informed decisions about participating in this restaurant operator’s stock market journey.