First National Bank Sioux Falls Purchases New Shares in Yum! Brands, Inc. (NYSE:YUM)

First National Bank Sioux Falls purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,798 shares of the restaurant operator's stock, valued at approximately $283,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HBK Sorce Advisory LLC raised its position in shares of Yum! Brands by 2.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 2,664 shares of the restaurant operator's stock worth $357,000 after buying an additional 69 shares in the last quarter. OLD Point Trust & Financial Services N A lifted its position in Yum! Brands by 0.5% in the fourth quarter. OLD Point Trust & Financial Services N A now owns 15,357 shares of the restaurant operator's stock worth $2,060,000 after purchasing an additional 70 shares during the period. Integrated Wealth Concepts LLC boosted its stake in Yum! Brands by 1.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,605 shares of the restaurant operator's stock valued at $886,000 after purchasing an additional 71 shares in the last quarter. Investment Partners LTD. increased its position in shares of Yum! Brands by 2.3% during the 4th quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator's stock valued at $433,000 after purchasing an additional 72 shares during the period. Finally, Lakeshore Capital Group Inc. raised its stake in shares of Yum! Brands by 2.1% in the 1st quarter. Lakeshore Capital Group Inc. now owns 3,614 shares of the restaurant operator's stock worth $569,000 after buying an additional 74 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Insider Buying and Selling at Yum! Brands

In other news, CEO Scott Mezvinsky sold 268 shares of the company's 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 completion of the transaction, the chief executive officer now owns 1,755 shares of the company's stock, valued at approximately $256,177.35. This represents a 13.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David W. Gibbs sold 7,063 shares of Yum! Brands stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $145.57, for a total value of $1,028,160.91. Following the sale, the chief executive officer now directly owns 157,893 shares in the company, valued at $22,984,484.01. The trade was a 4.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,763 shares of company stock worth $2,637,564 over the last ninety days. Company insiders own 0.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Evercore ISI boosted their target price on shares of Yum! Brands from $160.00 to $170.00 and gave the stock an "in-line" rating in a report on Thursday, May 1st. Barclays increased their price objective on Yum! Brands from $163.00 to $167.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Redburn Atlantic raised Yum! Brands from a "neutral" rating to a "buy" rating and upped their target price for the company from $145.00 to $177.00 in a report on Tuesday. TD Securities reiterated a "hold" rating and issued a $158.00 target price on shares of Yum! Brands in a report on Wednesday, April 30th. Finally, Stifel Nicolaus upped their price target on shares of Yum! Brands from $130.00 to $148.00 and gave the company a "hold" rating in a research report on Friday, February 28th. Fourteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Yum! Brands currently has a consensus rating of "Hold" and a consensus price target of $158.24.

Yum! Brands Stock Performance

Shares of Yum! Brands stock traded up $0.71 during trading on Tuesday, hitting $143.85. 2,159,855 shares of the stock traded hands, compared to its average volume of 2,015,734. The stock has a market cap of $39.98 billion, a P/E ratio of 27.56, a PEG ratio of 2.31 and a beta of 0.74. The company has a fifty day moving average price of $146.01 and a two-hundred day moving average price of $143.21. 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 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. Yum! Brands had a negative return on equity of 20.33% and a net margin of 19.68%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the previous year, the company earned $1.15 EPS. The company's revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities research analysts expect that Yum! Brands, Inc. will post 5.94 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th were given 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 of this dividend was Tuesday, May 27th. Yum! Brands's dividend 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.