DekaBank Deutsche Girozentrale Sells 21,143 Shares of Yum! Brands, Inc. (NYSE:YUM)

DekaBank Deutsche Girozentrale lessened its holdings in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 3.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 614,212 shares of the restaurant operator's stock after selling 21,143 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.22% of Yum! Brands worth $95,278,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in YUM. WealthTrak Capital Management LLC bought a new position in shares of Yum! Brands in the fourth quarter valued at approximately $25,000. Wayfinding Financial LLC bought a new position in shares of Yum! Brands in the first quarter valued at approximately $32,000. Itau Unibanco Holding S.A. boosted its position in shares of 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 acquiring an additional 227 shares during the period. LGT Financial Advisors LLC bought a new position in shares of Yum! Brands in the fourth quarter valued at approximately $41,000. Finally, MorganRosel Wealth Management LLC bought a new position in shares of Yum! Brands in the first quarter valued at approximately $41,000. Institutional investors own 82.37% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Citigroup raised their price objective on shares of Yum! Brands from $148.00 to $151.00 and gave the company a "neutral" rating in a research report on Tuesday, April 15th. Guggenheim lifted their target price on shares of Yum! Brands from $155.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, April 8th. The Goldman Sachs Group upgraded shares of Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 target price for the company in a research report on Wednesday, June 4th. Redburn Atlantic upgraded shares of Yum! Brands from a "neutral" rating to a "buy" rating and lifted their target price for the company from $145.00 to $177.00 in a research report on Tuesday, June 10th. Finally, JPMorgan Chase & Co. upgraded shares of Yum! Brands from a "neutral" rating to an "overweight" rating and dropped their target price for the company from $170.00 to $162.00 in a research report on Wednesday, June 25th. Thirteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Yum! Brands has a consensus rating of "Hold" and an average price target of $157.86.

Insider Buying and Selling at Yum! Brands

In related news, CEO David W. Gibbs sold 7,063 shares of Yum! Brands stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $145.57, for a total value of $1,028,160.91. Following the transaction, the chief executive officer directly owned 157,893 shares of the company's stock, valued at $22,984,484.01. The trade was 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 through this link. Also, CEO Scott Mezvinsky sold 272 shares of Yum! Brands stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $148.28, for a total transaction of $40,332.16. Following the completion of the transaction, the chief executive officer directly owned 1,755 shares in the company, valued at approximately $260,231.40. The trade was a 13.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,742 shares of company stock worth $1,861,504. 0.33% of the stock is owned by insiders.

Yum! Brands Trading Down 1.7%

Shares of YUM stock traded down $2.54 during trading hours on Friday, hitting $149.81. 1,757,969 shares of the company's stock were exchanged, compared to its average volume of 1,997,680. The company has a market capitalization of $41.64 billion, a PE ratio of 29.84, a PEG ratio of 2.29 and a beta of 0.74. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30. The business's 50 day simple moving average is $145.88 and its 200-day simple moving average is $144.64.

Yum! Brands (NYSE:YUM - Get Free Report) last issued its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 EPS 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 company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the previous year, the firm earned $1.15 earnings per share. The firm's revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts anticipate 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. Investors of record on Tuesday, May 27th were paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Tuesday, May 27th. Yum! Brands's payout ratio is 56.57%.

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.