Swiss National Bank lessened its stake in Yum! Brands, Inc. (NYSE:YUM) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,299,296 shares of the restaurant operator’s stock after selling 9,500 shares during the quarter. Swiss National Bank’s holdings in Yum! Brands were worth $106,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of YUM. Hall Capital Management Co. Inc. increased its holdings in Yum! Brands by 5.1% in the 4th quarter. Hall Capital Management Co. Inc. now owns 12,820 shares of the restaurant operator’s stock worth $1,046,000 after buying an additional 625 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Yum! Brands by 2.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 25,393 shares of the restaurant operator’s stock worth $2,072,000 after buying an additional 652 shares in the last quarter. Bessemer Group Inc. increased its holdings in Yum! Brands by 13.6% in the 4th quarter. Bessemer Group Inc. now owns 5,668 shares of the restaurant operator’s stock worth $462,000 after buying an additional 679 shares in the last quarter. Resources Investment Advisors Inc. increased its holdings in Yum! Brands by 33.8% in the 4th quarter. Resources Investment Advisors Inc. now owns 2,689 shares of the restaurant operator’s stock worth $220,000 after buying an additional 679 shares in the last quarter. Finally, BB&T Corp increased its holdings in Yum! Brands by 1.1% in the 4th quarter. BB&T Corp now owns 66,482 shares of the restaurant operator’s stock worth $5,426,000 after buying an additional 701 shares in the last quarter. 73.23% of the stock is owned by hedge funds and other institutional investors.

In other news, CEO Brian R. Niccol sold 1,104 shares of Yum! Brands stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $82.37, for a total transaction of $90,936.48. Following the transaction, the chief executive officer now directly owns 5,509 shares of the company’s stock, valued at approximately $453,776.33. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Brian R. Niccol sold 2,294 shares of Yum! Brands stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $84.90, for a total value of $194,760.60. Following the transaction, the chief executive officer now directly owns 10,160 shares in the company, valued at $862,584. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,270 shares of company stock worth $438,570. Insiders own 0.65% of the company’s stock.

Shares of Yum! Brands, Inc. (YUM) opened at $78.07 on Tuesday. The stock has a market capitalization of $26,726.97, a PE ratio of 26.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.93. Yum! Brands, Inc. has a 52 week low of $62.85 and a 52 week high of $86.93. The company has a debt-to-equity ratio of -1.49, a quick ratio of 1.65 and a current ratio of 1.66.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Thursday, February 8th. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.16. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.59 billion. Yum! Brands had a negative return on equity of 17.27% and a net margin of 22.80%. The business’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.79 EPS. equities research analysts anticipate that Yum! Brands, Inc. will post 3.29 earnings per share for the current year.

Yum! Brands declared that its board has authorized a share buyback plan on Friday, November 17th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the restaurant operator to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.36 per share. This is a boost from Yum! Brands’s previous quarterly dividend of $0.30. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Tuesday, February 13th. Yum! Brands’s payout ratio is presently 31.66%.

Several equities research analysts recently commented on the company. Robert W. Baird lifted their price objective on Yum! Brands from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Instinet downgraded Yum! Brands from a “buy” rating to a “neutral” rating in a report on Tuesday, January 30th. Zacks Investment Research downgraded Yum! Brands from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Deutsche Bank lifted their price objective on Yum! Brands from $75.00 to $82.00 and gave the stock a “hold” rating in a report on Monday. Finally, Nomura downgraded Yum! Brands from a “buy” rating to a “neutral” rating and set a $89.00 price objective for the company. in a report on Tuesday, January 30th. Fourteen analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Yum! Brands currently has an average rating of “Buy” and a consensus target price of $82.26.

COPYRIGHT VIOLATION NOTICE: “Yum! Brands, Inc. (YUM) Stake Lessened by Swiss National Bank” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://theolympiareport.com/2018/02/13/yum-brands-inc-yum-stake-lessened-by-swiss-national-bank.html.

Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Want to see what other hedge funds are holding YUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yum! Brands, Inc. (NYSE:YUM).

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

Receive News & Ratings for Yum! Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands and related companies with MarketBeat.com's FREE daily email newsletter.