National Pension Service lifted its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 1.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 433,364 shares of the restaurant operator’s stock after purchasing an additional 5,364 shares during the quarter. National Pension Service owned 0.14% of Yum! Brands worth $29,698,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of YUM. The Manufacturers Life Insurance Company lifted its stake in shares of Yum! Brands by 16.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 331,045 shares of the restaurant operator’s stock valued at $22,686,000 after purchasing an additional 45,857 shares during the period. Johnson Investment Counsel Inc. increased its holdings in Yum! Brands by 4.3% in the first quarter. Johnson Investment Counsel Inc. now owns 9,609 shares of the restaurant operator’s stock valued at $658,000 after buying an additional 392 shares in the last quarter. Maverick Capital Ltd. acquired a new position in shares of Yum! Brands in the first quarter worth about $4,974,000. Perennial Advisors LLC purchased a new stake in shares of Yum! Brands during the 1st quarter worth about $25,000. Finally, EP Wealth Advisors LLC grew its position in shares of Yum! Brands by 67.5% during the 1st quarter. EP Wealth Advisors LLC now owns 7,104 shares of the restaurant operator’s stock valued at $487,000 after acquiring an additional 2,863 shares during the period. 75.00% of the stock is owned by hedge funds and other institutional investors.

Shares of Yum! Brands stock traded down $1.34 during mid-day trading on Friday, hitting $84.66. The stock had a trading volume of 14,863 shares, compared to its average volume of 3,063,138. The firm has a 50-day moving average of $89.26 and a two-hundred day moving average of $91.16. Yum! Brands, Inc. has a 12-month low of $54.95 and a 12-month high of $119.72. The firm has a market cap of $25.55 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 2.51 and a beta of 0.95.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. Yum! Brands had a net margin of 19.89% and a negative return on equity of 12.97%. The company’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.82 earnings per share. On average, equities research analysts anticipate that Yum! Brands, Inc. will post 2.8 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Thursday, May 28th. Yum! Brands’s dividend payout ratio (DPR) is presently 52.96%.

A number of equities analysts have issued reports on the company. Goldman Sachs Group upgraded Yum! Brands to a “buy” rating in a research report on Friday, May 15th. CSFB lifted their price target on shares of Yum! Brands from $79.00 to $84.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. UBS Group upped their price objective on shares of Yum! Brands from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Wells Fargo & Co lifted their target price on shares of Yum! Brands from $85.00 to $94.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, Royal Bank of Canada restated a “hold” rating and set a $85.00 price target on shares of Yum! Brands in a research report on Wednesday, April 1st. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $100.95.

In other Yum! Brands news, CEO David W. Gibbs sold 5,424 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $84.39, for a total value of $457,731.36. Following the sale, the chief executive officer now owns 80,335 shares of the company’s stock, valued at $6,779,470.65. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 2,318 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $91.28, for a total value of $211,587.04. Following the transaction, the chief executive officer now owns 76,048 shares in the company, valued at $6,941,661.44. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,479 shares of company stock valued at $977,223. Company insiders own 0.72% of the company’s stock.

Yum! Brands Company Profile

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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