Tounjian Advisory Partners LLC Buys Shares of 17,986 Yum! Brands, Inc. (NYSE:YUM)

Tounjian Advisory Partners LLC purchased a new position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,986 shares of the restaurant operator's stock, valued at approximately $2,830,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in YUM. WealthTrak Capital Management LLC acquired a new stake in shares of Yum! Brands during the 4th quarter valued at $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Yum! Brands during the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Yum! Brands during the fourth quarter valued at $33,000. Itau Unibanco Holding S.A. grew its stake in Yum! Brands by 436.5% in the fourth quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator's stock valued at $37,000 after purchasing an additional 227 shares in the last quarter. Finally, LGT Financial Advisors LLC purchased a new position in Yum! Brands in the fourth quarter valued at about $41,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

Yum! Brands Trading Up 1.4%

YUM opened at $144.92 on Monday. The company has a market cap of $40.28 billion, a P/E ratio of 27.76, a PEG ratio of 2.31 and a beta of 0.74. The company's 50 day moving average is $146.31 and its 200-day moving average is $143.15. 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 issued its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.01. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The company's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $1.15 earnings per share. On average, equities analysts forecast that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

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 $0.71 dividend. The ex-dividend date was Tuesday, May 27th. This represents a $2.84 annualized dividend and a yield of 1.96%. Yum! Brands's dividend payout ratio is presently 56.57%.

Analyst Upgrades and Downgrades

YUM has been the subject of several research reports. Citigroup lifted their price target on Yum! Brands from $148.00 to $151.00 and gave the company a "neutral" rating in a report on Tuesday, April 15th. The Goldman Sachs Group raised shares of Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 price objective on the stock in a research report on Wednesday, June 4th. TD Securities reissued a "hold" rating and issued a $158.00 target price on shares of Yum! Brands in a research report on Wednesday, April 30th. Evercore ISI increased their price target on shares of Yum! Brands from $160.00 to $170.00 and gave the stock an "in-line" rating in a research note on Thursday, May 1st. Finally, Robert W. Baird reduced their price objective on shares of Yum! Brands from $176.00 to $174.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Fifteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $157.30.

Insider Buying and Selling at Yum! Brands

In related news, CEO Scott Mezvinsky sold 268 shares of the stock in a transaction on 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 sale, the chief executive officer now directly owns 1,755 shares in the company, valued at $256,177.35. This represents a 13.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 5,293 shares of the firm's 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 transaction, the chief executive officer now directly owns 157,893 shares of the company's stock, valued at approximately $24,353,416.32. This represents a 3.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,763 shares of company stock worth $2,637,564. 0.33% of the stock is currently owned by 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.

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