Yum! Brands, Inc. (YUM) Position Decreased by Federated Investors Inc. PA

Federated Investors Inc. PA lessened its holdings in Yum! Brands, Inc. (NYSE:YUM) by 25.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,503 shares of the restaurant operator’s stock after selling 2,521 shares during the period. Federated Investors Inc. PA’s holdings in Yum! Brands were worth $554,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Swiss National Bank increased its stake in Yum! Brands by 15.9% during the 1st quarter. Swiss National Bank now owns 1,319,996 shares of the restaurant operator’s stock worth $84,348,000 after buying an additional 180,900 shares in the last quarter. World Asset Management Inc increased its stake in Yum! Brands by 15.2% during the 1st quarter. World Asset Management Inc now owns 38,160 shares of the restaurant operator’s stock worth $2,438,000 after buying an additional 5,022 shares in the last quarter. UBS Asset Management Americas Inc. increased its stake in Yum! Brands by 16.8% during the 1st quarter. UBS Asset Management Americas Inc. now owns 1,224,205 shares of the restaurant operator’s stock worth $78,227,000 after buying an additional 175,880 shares in the last quarter. Teza Capital Management LLC purchased a new stake in Yum! Brands during the 1st quarter worth approximately $1,179,000. Finally, Karp Capital Management Corp purchased a new stake in Yum! Brands during the 1st quarter worth approximately $14,201,000. Hedge funds and other institutional investors own 72.04% of the company’s stock.

Several equities research analysts have commented on YUM shares. Instinet reiterated a “buy” rating and set a $78.00 price objective on shares of Yum! Brands in a research note on Sunday, May 28th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $78.00 price objective (up from $75.00) on shares of Yum! Brands in a research note on Tuesday, May 30th. Deutsche Bank AG reiterated a “hold” rating and set a $71.00 price objective (up from $68.00) on shares of Yum! Brands in a research note on Tuesday, May 30th. CIBC boosted their price objective on Yum! Brands from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 30th. Finally, Mizuho started coverage on Yum! Brands in a research note on Thursday, June 8th. They set a “neutral” rating and a $74.00 price objective for the company. Fifteen research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Yum! Brands presently has a consensus rating of “Buy” and an average price target of $80.31.

Yum! Brands, Inc. (NYSE:YUM) opened at 75.76 on Wednesday. The firm has a market capitalization of $26.12 billion, a PE ratio of 20.11 and a beta of 0.83. The firm’s 50-day moving average price is $76.04 and its 200-day moving average price is $71.06. Yum! Brands, Inc. has a 1-year low of $59.57 and a 1-year high of $78.14.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.07. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the company earned $0.75 EPS. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. On average, equities research analysts predict that Yum! Brands, Inc. will post $2.81 EPS for the current fiscal year.

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In other news, CFO David W. Gibbs sold 8,336 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total transaction of $616,864.00. Following the completion of the sale, the chief financial officer now directly owns 39,664 shares of the company’s stock, valued at approximately $2,935,136. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian R. Niccol sold 1,487 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $73.82, for a total transaction of $109,770.34. Following the sale, the chief executive officer now directly owns 6,719 shares of the company’s stock, valued at $495,996.58. The disclosure for this sale can be found here. 0.65% of the stock is owned by insiders.

Yum! Brands Company Profile

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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