Dynamic Advisor Solutions LLC Takes $552,000 Position in Yum! Brands, Inc. (NYSE:YUM)

Dynamic Advisor Solutions LLC acquired a new position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,509 shares of the restaurant operator's stock, valued at approximately $552,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Yum! Brands during the fourth quarter worth about $418,692,000. GAMMA Investing LLC raised its stake in shares of Yum! Brands by 14,795.6% during the 1st quarter. GAMMA Investing LLC now owns 769,805 shares of the restaurant operator's stock worth $121,137,000 after buying an additional 764,637 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Yum! Brands by 20.4% in the 4th quarter. Northern Trust Corp now owns 3,545,872 shares of the restaurant operator's stock valued at $475,714,000 after buying an additional 601,361 shares during the period. Cantillon Capital Management LLC boosted its stake in shares of Yum! Brands by 31.7% in the fourth quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator's stock valued at $252,272,000 after buying an additional 452,339 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Yum! Brands during the fourth quarter worth $59,289,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Guggenheim raised their target price on Yum! Brands from $155.00 to $165.00 and gave the company a "buy" rating in a report on Tuesday, April 8th. Evercore ISI raised their price objective on shares of Yum! Brands from $160.00 to $170.00 and gave the company an "in-line" rating in a research note on Thursday, May 1st. Barclays upped their target price on shares of Yum! Brands from $163.00 to $167.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Cowen reiterated a "hold" rating on shares of Yum! Brands in a research report on Wednesday, March 5th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $185.00 price objective on shares of Yum! Brands in a research note on Monday, April 28th. Fourteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $158.24.

Insiders Place Their Bets

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, CEO Scott Mezvinsky sold 268 shares of the firm's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $145.97, for a total value of $39,119.96. Following the completion of the transaction, the chief executive officer now owns 1,755 shares in the company, valued at approximately $256,177.35. This trade represents a 13.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,470 shares of company stock valued at $1,821,172 over the last quarter. Company insiders own 0.33% of the company's stock.

Yum! Brands Stock Down 1.2%

Shares of Yum! Brands stock opened at $138.38 on Thursday. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The business's fifty day moving average is $145.37 and its two-hundred day moving average is $143.31. The firm has a market cap of $38.46 billion, a PE ratio of 27.56, a P/E/G ratio of 2.10 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 EPS for the quarter, beating the consensus estimate of $1.29 by $0.01. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.85 billion. Yum! Brands had a negative return on equity of 20.80% and a net margin of 18.42%. The business's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.15 earnings per share. Equities research analysts anticipate that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 27th were issued a $0.71 dividend. The ex-dividend date was Tuesday, May 27th. This represents a $2.84 dividend on an annualized basis and a yield of 2.05%. Yum! Brands's payout ratio is 56.57%.

About Yum! Brands

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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