HL Financial Services LLC increased its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,710 shares of the restaurant operator’s stock after buying an additional 5 shares during the period. HL Financial Services LLC’s holdings in Yum! Brands were worth $1,233,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Yum! Brands by 2,392.9% in the first quarter. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator’s stock valued at $1,281,452,000 after buying an additional 19,249,564 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Yum! Brands by 11.9% in the first quarter. Bank of New York Mellon Corp now owns 7,100,759 shares of the restaurant operator’s stock valued at $453,737,000 after buying an additional 755,288 shares in the last quarter. Loomis Sayles & Co. L P boosted its position in shares of Yum! Brands by 0.3% in the first quarter. Loomis Sayles & Co. L P now owns 6,379,688 shares of the restaurant operator’s stock valued at $407,662,000 after buying an additional 17,799 shares in the last quarter. Morgan Stanley boosted its position in shares of Yum! Brands by 82.4% in the first quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator’s stock valued at $303,987,000 after buying an additional 2,148,751 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Yum! Brands by 6.0% in the first quarter. Geode Capital Management LLC now owns 3,024,137 shares of the restaurant operator’s stock valued at $192,940,000 after buying an additional 170,079 shares in the last quarter. Institutional investors own 73.75% of the company’s stock.

Yum! Brands, Inc. (NYSE:YUM) opened at 75.36 on Friday. The company has a market cap of $26.00 billion, a P/E ratio of 20.01 and a beta of 0.82. Yum! Brands, Inc. has a 12 month low of $59.57 and a 12 month high of $76.62. The company’s 50-day moving average is $74.38 and its 200-day moving average is $69.07.

Yum! Brands (NYSE:YUM) last released its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. Yum! Brands’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. On average, equities research 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. Investors of record on Friday, July 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Wednesday, July 12th. Yum! Brands’s dividend payout ratio (DPR) is presently 33.15%.

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YUM has been the topic of a number of recent research reports. BMO Capital Markets restated a “hold” rating and issued a $66.00 price objective on shares of Yum! Brands in a report on Monday, May 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $80.00 price objective on shares of Yum! Brands in a report on Tuesday, July 25th. Royal Bank Of Canada upped their price objective on shares of Yum! Brands from $72.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, May 4th. BidaskClub cut shares of Yum! Brands from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. Finally, Zacks Investment Research cut shares of Yum! Brands from a “buy” rating to a “hold” rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $78.64.

In related news, CEO Brian R. Niccol sold 1,487 shares of Yum! Brands stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total value of $109,770.34. Following the completion of the sale, the chief executive officer now directly owns 6,719 shares in the company, valued at approximately $495,996.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian R. Niccol sold 1,471 shares of Yum! Brands stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 6,712 shares of the company’s stock, valued at $487,559.68. The disclosure for this sale can be found here. 7.38% of the stock is owned by company 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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