Commerzbank Aktiengesellschaft FI Decreases Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Commerzbank Aktiengesellschaft FI trimmed its position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 68.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,859 shares of the restaurant operator's stock after selling 4,019 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Yum! Brands were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kingsview Wealth Management LLC raised its position in shares of Yum! Brands by 1.4% in the first quarter. Kingsview Wealth Management LLC now owns 11,360 shares of the restaurant operator's stock worth $1,788,000 after buying an additional 160 shares in the last quarter. Hudock Inc. purchased a new stake in Yum! Brands during the first quarter valued at about $223,000. Trust Investment Advisors purchased a new stake in Yum! Brands during the first quarter valued at about $209,000. Schrum Private Wealth Management LLC purchased a new stake in Yum! Brands during the first quarter valued at about $216,000. Finally, Bridgewater Advisors Inc. purchased a new stake in Yum! Brands during the first quarter valued at about $369,000. 82.37% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Yum! Brands news, CEO Scott Mezvinsky sold 272 shares of Yum! Brands stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $148.28, for a total value of $40,332.16. Following the completion of the sale, the chief executive officer owned 1,755 shares of the company's stock, valued at approximately $260,231.40. The trade was a 13.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,117 shares of Yum! Brands stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $146.60, for a total transaction of $1,043,352.20. Following the completion of the sale, the chief executive officer directly owned 102,893 shares of the company's stock, valued at approximately $15,084,113.80. This trade represents a 6.47% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,720 shares of company stock valued at $2,150,965. 0.33% of the stock is currently owned by insiders.

Yum! Brands Stock Up 0.7%

Shares of YUM stock traded up $0.99 during trading hours on Friday, hitting $149.07. 1,597,284 shares of the company's stock traded hands, compared to its average volume of 1,988,667. The stock's fifty day simple moving average is $145.80 and its two-hundred day simple moving average is $145.07. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30. The stock has a market cap of $41.44 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 2.24 and a beta of 0.74.

Yum! Brands (NYSE:YUM - Get Free Report) last released its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.01. Yum! Brands had a net margin of 18.42% and a negative return on equity of 20.80%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the business earned $1.15 earnings per share. The business's revenue was up 11.8% on a year-over-year basis. On average, equities analysts forecast that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th were given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend was Tuesday, May 27th. Yum! Brands's dividend payout ratio (DPR) is presently 56.57%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on YUM shares. Robert W. Baird reduced their price objective on Yum! Brands from $176.00 to $174.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Oppenheimer reaffirmed an "outperform" rating and set a $185.00 price objective on shares of Yum! Brands in a research note on Monday, April 28th. The Goldman Sachs Group raised Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 price objective on the stock in a research note on Wednesday, June 4th. Evercore ISI raised their price objective on Yum! Brands from $160.00 to $170.00 and gave the company an "in-line" rating in a research note on Thursday, May 1st. Finally, Barclays raised their price objective on Yum! Brands from $163.00 to $167.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Thirteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $159.86.

Yum! Brands Company 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.