Fox Run Management L.L.C. decreased its stake in Yum! Brands, Inc. (NYSE:YUM) by 19.9% during the second quarter, Holdings Channel reports. The firm owned 12,900 shares of the restaurant operator’s stock after selling 3,200 shares during the period. Fox Run Management L.L.C.’s holdings in Yum! Brands were worth $952,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. YorkBridge Wealth Partners LLC boosted its stake in Yum! Brands by 49.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,557 shares of the restaurant operator’s stock valued at $103,000 after buying an additional 512 shares during the period. Coconut Grove Bank boosted its stake in Yum! Brands by 84.6% in the first quarter. Coconut Grove Bank now owns 1,855 shares of the restaurant operator’s stock valued at $119,000 after buying an additional 850 shares during the period. Bartlett & Co. LLC boosted its stake in Yum! Brands by 3.6% in the first quarter. Bartlett & Co. LLC now owns 1,992 shares of the restaurant operator’s stock valued at $127,000 after buying an additional 70 shares during the period. Bronfman E.L. Rothschild L.P. boosted its stake in Yum! Brands by 5.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,031 shares of the restaurant operator’s stock valued at $130,000 after buying an additional 114 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Yum! Brands by 38.2% in the first quarter. Parallel Advisors LLC now owns 2,202 shares of the restaurant operator’s stock valued at $150,000 after buying an additional 609 shares during the period. 73.51% of the stock is owned by institutional investors.

Shares of Yum! Brands, Inc. (NYSE YUM) opened at 73.60 on Monday. The firm has a market cap of $25.63 billion, a PE ratio of 18.53 and a beta of 0.82. Yum! Brands, Inc. has a 52-week low of $59.57 and a 52-week high of $91.99. The stock’s 50 day moving average price is $72.48 and its 200-day moving average price is $66.98.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, May 3rd. The restaurant operator reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Yum! Brands had a net margin of 15.44% and a negative return on equity of 37.63%. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS. On average, equities research analysts anticipate that Yum! Brands, Inc. will post $2.77 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Friday, July 14th will be given a $0.30 dividend. The ex-dividend date is Wednesday, July 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.63%. Yum! Brands’s payout ratio is currently 31.17%.

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Several equities research analysts have issued reports on YUM shares. Argus raised Yum! Brands from a “hold” rating to a “buy” rating and raised their target price for the stock from $69.95 to $80.00 in a research note on Tuesday, May 16th. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Wednesday, April 12th. Instinet restated a “buy” rating and set a $78.00 price target on shares of Yum! Brands in a research report on Sunday, May 28th. BidaskClub lowered Yum! Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $75.00 price target on shares of Yum! Brands in a research report on Thursday, June 15th. Fifteen analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $76.84.

In other news, CFO David W. Gibbs sold 8,125 shares of the stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $68.83, for a total transaction of $559,243.75. Following the transaction, the chief financial officer now owns 39,181 shares of the company’s stock, valued at $2,696,828.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $73.82, for a total transaction of $109,770.34. Following the transaction, the chief executive officer now directly owns 6,719 shares in the company, valued at approximately $495,996.58. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,083 shares of company stock valued at $775,868. 0.65% of the stock is currently owned by corporate 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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