Fort Washington Investment Advisors Inc. OH Cuts Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Fort Washington Investment Advisors Inc. OH trimmed its position in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 26.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 320,504 shares of the restaurant operator's stock after selling 117,546 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.11% of Yum! Brands worth $50,435,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. HBK Sorce Advisory LLC increased its position in shares of Yum! Brands by 2.7% in the 4th quarter. HBK Sorce Advisory LLC now owns 2,664 shares of the restaurant operator's stock valued at $357,000 after acquiring an additional 69 shares during the period. OLD Point Trust & Financial Services N A increased its position in shares of Yum! Brands by 0.5% in the 4th quarter. OLD Point Trust & Financial Services N A now owns 15,357 shares of the restaurant operator's stock valued at $2,060,000 after acquiring an additional 70 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Yum! Brands by 1.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 6,605 shares of the restaurant operator's stock valued at $886,000 after acquiring an additional 71 shares during the period. Investment Partners LTD. increased its position in shares of Yum! Brands by 2.3% in the 4th quarter. Investment Partners LTD. now owns 3,231 shares of the restaurant operator's stock valued at $433,000 after acquiring an additional 72 shares during the period. Finally, Lakeshore Capital Group Inc. increased its position 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 valued at $569,000 after acquiring an additional 74 shares during the period. 82.37% of the stock is owned by institutional investors.

Yum! Brands Price Performance

Yum! Brands stock traded up $0.37 during midday trading on Thursday, reaching $143.78. The company had a trading volume of 1,096,395 shares, compared to its average volume of 2,013,414. The firm's fifty day simple moving average is $145.58 and its 200-day simple moving average is $143.21. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30. The company has a market capitalization of $39.97 billion, a P/E ratio of 27.54, a P/E/G ratio of 2.31 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 for the quarter, topping analysts' consensus estimates of $1.29 by $0.01. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the company posted $1.15 EPS. The business's revenue was up 11.8% on a year-over-year basis. On average, analysts expect that Yum! Brands, Inc. will post 5.94 EPS for the current fiscal year.

Yum! Brands Announces Dividend

The firm 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. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $2.84 dividend on an annualized basis and a yield of 1.98%. Yum! Brands's dividend payout ratio is currently 56.57%.

Analyst Ratings Changes

Several equities research analysts have weighed in on YUM shares. Wells Fargo & Company increased their price target on Yum! Brands from $145.00 to $160.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 5th. Oppenheimer reaffirmed an "outperform" rating and set a $185.00 price target on shares of Yum! Brands in a research report on Monday, April 28th. Redburn Atlantic raised Yum! Brands from a "neutral" rating to a "buy" rating and increased their price target for the stock from $145.00 to $177.00 in a research report on Tuesday. Stifel Nicolaus increased their price target on Yum! Brands from $130.00 to $148.00 and gave the stock a "hold" rating in a research report on Friday, February 28th. Finally, Piper Sandler increased their price target on Yum! Brands from $150.00 to $155.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Fourteen research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $158.24.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 5,293 shares of Yum! Brands stock in a transaction on Monday, March 17th. The stock was sold at an average price of $154.24, for a total value of $816,392.32. Following the sale, the chief executive officer now owns 157,893 shares in the company, valued at $24,353,416.32. The trade was a 3.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Scott Mezvinsky sold 268 shares of Yum! Brands stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $145.97, for a total value of $39,119.96. Following the completion of the sale, the chief executive officer now owns 1,755 shares in the company, valued at $256,177.35. This represents a 13.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,763 shares of company stock worth $2,637,564 over the last quarter. 0.33% of the stock is currently owned by company insiders.

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.