Partnervest Advisory Services LLC increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 0.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,494 shares of the restaurant operator’s stock after buying an additional 15 shares during the period. Partnervest Advisory Services LLC’s holdings in Yum! Brands were worth $774,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Iowa State Bank boosted its stake in Yum! Brands by 4.4% in the first quarter. Iowa State Bank now owns 21,562 shares of the restaurant operator’s stock valued at $1,378,000 after buying an additional 900 shares during the period. Fox Run Management L.L.C. bought a new stake in Yum! Brands during the first quarter valued at approximately $1,029,000. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in Yum! Brands by 3.8% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 5,215 shares of the restaurant operator’s stock valued at $333,000 after buying an additional 191 shares during the period. Atria Investments LLC boosted its stake in Yum! Brands by 24.1% in the first quarter. Atria Investments LLC now owns 8,630 shares of the restaurant operator’s stock valued at $551,000 after buying an additional 1,676 shares during the period. Finally, Parametrica Management Ltd bought a new stake in Yum! Brands during the first quarter valued at approximately $311,000. Institutional investors and hedge funds own 73.75% of the company’s stock.

Shares of Yum! Brands, Inc. (NYSE YUM) opened at 75.07 on Thursday. Yum! Brands, Inc. has a 1-year low of $59.57 and a 1-year high of $76.62. The company’s 50 day moving average price is $74.35 and its 200-day moving average price is $69.02. The firm has a market cap of $25.90 billion, a price-to-earnings ratio of 19.93 and a beta of 0.82.

Yum! Brands (NYSE:YUM) last announced its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.42 billion. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. Yum! Brands’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 earnings per share. Equities analysts expect that Yum! Brands, Inc. will post $2.81 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 4th. Stockholders of record on Friday, July 14th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date was Wednesday, July 12th. Yum! Brands’s dividend payout ratio (DPR) is presently 33.15%.

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Several equities research analysts have recently commented on the company. BidaskClub upgraded Yum! Brands from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, August 1st. Barclays PLC restated an “equal weight” rating and set a $74.00 price target (up previously from $72.00) on shares of Yum! Brands in a research note on Friday, August 4th. BMO Capital Markets upped their price target on Yum! Brands from $66.00 to $77.00 and gave the stock a “market perform” rating in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada restated a “buy” rating and set a $83.00 price target on shares of Yum! Brands in a research note on Friday, August 4th. Fifteen research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. Yum! Brands has an average rating of “Buy” and a consensus price target of $78.64.

In other news, CEO Brian R. Niccol sold 1,471 shares of the business’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $72.64, for a total transaction of $106,853.44. Following the sale, the chief executive officer now directly owns 6,712 shares of the company’s stock, valued at $487,559.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $73.82, for a total value of $109,770.34. Following the sale, the chief executive officer now directly owns 6,719 shares in the company, valued at $495,996.58. The disclosure for this sale can be found here. 7.38% of the stock is owned by insiders.

About Yum! Brands

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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