12,957 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB acquired a new position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,957 shares of the restaurant operator's stock, valued at approximately $2,039,000.

Several other large investors have also recently modified their holdings of YUM. Norges Bank bought a new position in shares of Yum! Brands during the 4th quarter worth approximately $418,692,000. GAMMA Investing LLC increased its stake in Yum! Brands by 14,795.6% during the 1st quarter. GAMMA Investing LLC now owns 769,805 shares of the restaurant operator's stock valued at $121,137,000 after purchasing an additional 764,637 shares in the last quarter. Northern Trust Corp increased its stake in Yum! Brands by 20.4% during the 4th quarter. Northern Trust Corp now owns 3,545,872 shares of the restaurant operator's stock valued at $475,714,000 after purchasing an additional 601,361 shares in the last quarter. Cantillon Capital Management LLC increased its stake in Yum! Brands by 31.7% during the 4th quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator's stock valued at $252,272,000 after purchasing an additional 452,339 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Yum! Brands during the 4th quarter valued at approximately $59,289,000. Institutional investors own 82.37% of the company's stock.

Yum! Brands Trading Up 1.4%

NYSE:YUM opened at $144.92 on Friday. The company's 50-day moving average price is $146.31 and its 200-day moving average price is $143.02. The company has a market cap of $40.28 billion, a P/E ratio of 27.76, a P/E/G ratio of 2.31 and a beta of 0.74. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30.

Yum! Brands (NYSE:YUM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.01. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The company's revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the firm posted $1.15 earnings per share. On average, analysts expect that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Tuesday, May 27th were paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Tuesday, May 27th. Yum! Brands's dividend payout ratio is currently 56.57%.

Wall Street Analyst Weigh In

YUM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of Yum! Brands from $160.00 to $170.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Cowen restated a "hold" rating on shares of Yum! Brands in a research note on Wednesday, March 5th. Oppenheimer restated an "outperform" rating and set a $185.00 price target on shares of Yum! Brands in a research note on Monday, April 28th. UBS Group upped their price target on shares of Yum! Brands from $156.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Morgan Stanley upped their price target on shares of Yum! Brands from $147.00 to $151.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Fifteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $157.30.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO Scott Mezvinsky sold 268 shares of Yum! Brands stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $145.97, for a total transaction of $39,119.96. Following the transaction, the chief executive officer now directly owns 1,755 shares of the company's stock, valued at $256,177.35. The trade was a 13.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 5,139 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $146.70, for a total transaction of $753,891.30. Following the completion of the sale, the chief executive officer now directly owns 157,893 shares in the company, valued at $23,162,903.10. This trade represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,763 shares of company stock valued at $2,637,564. Corporate insiders own 0.33% of the company's stock.

Yum! Brands Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.

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