First Mercantile Trust Co. lowered its stake in Yum! Brands, Inc. (NYSE:YUM) by 36.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,370 shares of the restaurant operator’s stock after selling 1,905 shares during the period. First Mercantile Trust Co.’s holdings in Yum! Brands were worth $336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of YUM. Howe & Rusling Inc. acquired a new stake in shares of Yum! Brands during the 1st quarter worth about $25,000. Athena Capital Advisors LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth about $25,000. Bogart Wealth LLC raised its position in shares of Yum! Brands by 70.0% during the 1st quarter. Bogart Wealth LLC now owns 340 shares of the restaurant operator’s stock worth $33,000 after acquiring an additional 140 shares in the last quarter. Sontag Advisory LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth about $41,000. Finally, JNBA Financial Advisors raised its position in shares of Yum! Brands by 54.0% during the 4th quarter. JNBA Financial Advisors now owns 462 shares of the restaurant operator’s stock worth $42,000 after acquiring an additional 162 shares in the last quarter. 75.09% of the stock is currently owned by institutional investors.

In other Yum! Brands news, CFO David W. Gibbs sold 1,531 shares of Yum! Brands stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $100.25, for a total value of $153,482.75. Following the transaction, the chief financial officer now directly owns 43,516 shares in the company, valued at approximately $4,362,479. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert D. Walter sold 2,780 shares of Yum! Brands stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $100.61, for a total value of $279,695.80. Following the completion of the transaction, the director now owns 3,629 shares in the company, valued at $365,113.69. The disclosure for this sale can be found here. Insiders have sold a total of 45,753 shares of company stock worth $4,394,028 in the last 90 days. 0.67% of the stock is currently owned by company insiders.

Several brokerages have recently weighed in on YUM. BTIG Research raised their target price on Yum! Brands to $114.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Robert W. Baird reissued an “outperform” rating and set a $112.00 target price on shares of Yum! Brands in a research report on Monday, April 29th. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a research report on Monday, April 22nd. Citigroup dropped their price target on Yum! Brands from $104.00 to $103.00 and set a “neutral” rating on the stock in a research note on Thursday, April 4th. Finally, Mizuho downgraded Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a research note on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Yum! Brands currently has an average rating of “Hold” and a consensus target price of $98.17.

NYSE:YUM opened at $100.87 on Friday. The company has a market cap of $30.81 billion, a P/E ratio of 31.82, a PEG ratio of 2.15 and a beta of 0.56. Yum! Brands, Inc. has a 52-week low of $77.09 and a 52-week high of $104.47.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The firm’s quarterly revenue was down 8.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.90 EPS. As a group, analysts expect that Yum! Brands, Inc. will post 3.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 16th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.68 dividend on an annualized basis and a yield of 1.67%. Yum! Brands’s dividend payout ratio is presently 53.00%.

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Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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