Yum! Brands, Inc. (NYSE:YUM) Shares Sold by American National Bank & Trust

American National Bank & Trust reduced its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 43.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,232 shares of the restaurant operator's stock after selling 8,486 shares during the quarter. American National Bank & Trust's holdings in Yum! Brands were worth $1,767,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC boosted its position in shares of Yum! Brands by 8.0% during the 4th quarter. Brighton Jones LLC now owns 7,861 shares of the restaurant operator's stock worth $1,055,000 after purchasing an additional 583 shares in the last quarter. Foundations Investment Advisors LLC purchased a new stake in Yum! Brands during the fourth quarter worth about $253,000. Swedbank AB grew its position in Yum! Brands by 0.4% during the fourth quarter. Swedbank AB now owns 154,104 shares of the restaurant operator's stock worth $20,675,000 after buying an additional 673 shares during the period. Crews Bank & Trust purchased a new position in Yum! Brands in the fourth quarter valued at about $100,000. Finally, Hunter Associates Investment Management LLC lifted its position in shares of Yum! Brands by 6.9% during the 4th quarter. Hunter Associates Investment Management LLC now owns 2,150 shares of the restaurant operator's stock valued at $290,000 after acquiring an additional 138 shares during the period. Institutional investors and hedge funds own 82.37% of the company's stock.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,063 shares of the company's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $145.57, for a total transaction of $1,028,160.91. Following the completion of the sale, the chief executive officer now directly owns 157,893 shares in the company, valued at $22,984,484.01. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Tracy L. Skeans sold 8,638 shares of Yum! Brands stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $158.36, for a total value of $1,367,913.68. Following the completion of the transaction, the chief operating officer now directly owns 2,970 shares in the company, valued at $470,329.20. This represents a 74.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 26,998 shares of company stock worth $4,100,443 in the last quarter. 0.33% of the stock is owned by insiders.

Yum! Brands Stock Up 0.0%

Shares of NYSE:YUM traded up $0.07 during midday trading on Wednesday, reaching $144.04. The company's stock had a trading volume of 2,029,967 shares, compared to its average volume of 2,018,551. The firm has a market cap of $40.04 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 2.31 and a beta of 0.74. The business has a 50 day moving average price of $147.11 and a 200 day moving average price of $142.86. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year 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 EPS for the quarter, beating the consensus estimate of $1.29 by $0.01. The company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.85 billion. Yum! Brands had a negative return on equity of 20.33% and a net margin of 19.68%. The firm's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.15 EPS. Sell-side analysts anticipate that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Tuesday, May 27th. Yum! Brands's dividend payout ratio is currently 56.57%.

Analyst Ratings Changes

Several equities research analysts have recently commented on YUM shares. Barclays boosted their price target on Yum! Brands from $163.00 to $167.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Evercore ISI boosted their target price on Yum! Brands from $160.00 to $170.00 and gave the stock an "in-line" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. upped their target price on Yum! Brands from $160.00 to $170.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Piper Sandler lifted their price target on Yum! Brands from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Finally, TD Cowen reiterated a "hold" rating and issued a $140.00 price objective on shares of Yum! Brands in a research report on Thursday, February 6th. Fifteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $157.30.

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.