2,816 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by World Investment Advisors

World Investment Advisors acquired a new stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,816 shares of the restaurant operator's stock, valued at approximately $443,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Yum! Brands during the fourth quarter worth approximately $418,692,000. GAMMA Investing LLC boosted its holdings in shares of Yum! Brands by 14,795.6% during the first quarter. GAMMA Investing LLC now owns 769,805 shares of the restaurant operator's stock worth $121,137,000 after purchasing an additional 764,637 shares during the last quarter. Northern Trust Corp grew its position in shares of Yum! Brands by 20.4% in the fourth quarter. Northern Trust Corp now owns 3,545,872 shares of the restaurant operator's stock valued at $475,714,000 after purchasing an additional 601,361 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Yum! Brands in the fourth quarter valued at $43,944,000. Finally, Man Group plc lifted its position in Yum! Brands by 602.1% during the fourth quarter. Man Group plc now owns 364,836 shares of the restaurant operator's stock worth $48,946,000 after buying an additional 312,871 shares during the period. 82.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Yum! Brands news, CEO David W. Gibbs sold 7,063 shares of the stock in a transaction 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 directly owned 157,893 shares of the company's stock, valued at $22,984,484.01. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Scott Mezvinsky sold 272 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $148.28, for a total transaction of $40,332.16. Following the transaction, the chief executive officer directly owned 1,755 shares of the company's stock, valued at approximately $260,231.40. This trade represents a 13.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,742 shares of company stock valued at $1,861,504 in the last 90 days. Insiders own 0.33% of the company's stock.

Yum! Brands Stock Up 1.0%

Shares of YUM traded up $1.52 during mid-day trading on Thursday, hitting $152.37. The stock had a trading volume of 1,250,070 shares, compared to its average volume of 1,999,120. The company has a market cap of $42.35 billion, a PE ratio of 30.35, a PEG ratio of 2.26 and a beta of 0.74. Yum! Brands, Inc. has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The company's fifty day simple moving average is $145.79 and its two-hundred day simple moving average is $144.41.

Yum! Brands (NYSE:YUM - Get Free Report) last released its quarterly earnings data 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 net margin of 18.42% and a negative return on equity of 20.80%. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the prior year, the business earned $1.15 earnings per share. Yum! Brands's quarterly revenue was up 11.8% on a year-over-year basis. Equities analysts expect that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Yum! Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 27th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.86%. The ex-dividend date was Tuesday, May 27th. Yum! Brands's dividend payout ratio (DPR) is 56.57%.

Analysts Set New Price Targets

Several equities analysts recently commented on YUM shares. Piper Sandler upped their price target on shares of Yum! Brands from $150.00 to $155.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Barclays boosted their price target on Yum! Brands from $163.00 to $167.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. TD Securities restated a "hold" rating and issued a $158.00 price objective on shares of Yum! Brands in a report on Wednesday, April 30th. Citigroup boosted their target price on Yum! Brands from $148.00 to $151.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Finally, Guggenheim increased their target price on shares of Yum! Brands from $155.00 to $165.00 and gave the stock a "buy" rating in a research report on Tuesday, April 8th. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $157.86.

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.