Today: Today, 627 Shares of Yum Brands Inc. (YUM) are sold by Girard Partners LTD.

Today, 627 Shares of Yum Brands Inc. (YUM) are sold by Girard Partners LTD.

Girard Partners LTD. cut its position in shares of Yum Brands Inc. (NYSE:YUM) by 17.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,867 shares of the restaurant operator’s stock after selling 627 shares during the period. Girard Partners LTD.’s holdings in Yum Brands were worth $260,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hudock Capital Group LLC increased its stake in shares of Yum Brands by 0.3% in the third quarter. Hudock Capital Group LLC now owns 1,112 shares of the restaurant operator’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. Advisory Services Network LLC increased its stake in shares of Yum Brands by 9.2% in the second quarter. Advisory Services Network LLC now owns 1,292 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 109 shares in the last quarter. Tortoise Investment Management LLC increased its stake in shares of Yum Brands by 10.4% in the second quarter. Tortoise Investment Management LLC now owns 1,325 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 125 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Yum Brands during the second quarter valued at approximately $130,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Yum Brands by 637.5% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,652 shares of the restaurant operator’s stock valued at $137,000 after buying an additional 1,428 shares in the last quarter. 78.43% of the stock is currently owned by hedge funds and other institutional investors.

Yum Brands Inc. (NYSE:YUM) traded up 0.32% on Friday, hitting $63.35. 623,298 shares of the company’s stock traded hands. Yum Brands Inc. has a 12 month low of $46.43 and a 12 month high of $66.13. The stock has a market cap of $23.25 billion, a P/E ratio of 16.30 and a beta of 0.78. The stock has a 50 day moving average price of $62.00 and a 200-day moving average price of $62.11.

Yum Brands (NYSE:YUM) last released its earnings results on Wednesday, October 5th. The restaurant operator reported $1.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by $0.01. The firm earned $3.32 billion during the quarter. Yum Brands had a negative return on equity of 589.18% and a net margin of 12.62%. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period last year, the company earned $1.00 earnings per share. Equities analysts predict that Yum Brands Inc. will post $2.40 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 4th. Investors of record on Wednesday, October 19th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 3.23%. This is a positive change from Yum Brands’s previous quarterly dividend of $0.46. The ex-dividend date was Monday, October 17th. Yum Brands’s dividend payout ratio is currently 51.91%.

Several brokerages have recently commented on YUM. Zacks Investment Research downgraded shares of Yum Brands from a “hold” rating to a “strong sell” rating in a report on Friday, November 4th. Vetr upgraded shares of Yum Brands from a “buy” rating to a “strong-buy” rating and set a $95.43 price objective for the company in a report on Tuesday, November 1st. Deutsche Bank AG decreased their price objective on shares of Yum Brands from $88.00 to $65.00 and set a “hold” rating for the company in a report on Tuesday, November 1st. Credit Suisse Group AG upgraded shares of Yum Brands from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $90.00 to $96.00 in a report on Wednesday, October 19th. Finally, Oppenheimer Holdings Inc. restated an “outperform” rating and set a $97.00 price objective on shares of Yum Brands in a report on Monday, October 17th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $91.72.

In related news, CFO David W. Gibbs sold 14,487 shares of the stock in a transaction that occurred on Thursday, October 13th. The shares were sold at an average price of $89.92, for a total value of $1,302,671.04. Following the completion of the sale, the chief financial officer now directly owns 48,261 shares of the company’s stock, valued at approximately $4,339,629.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Roger G. Eaton sold 53,518 shares of the stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $91.72, for a total transaction of $4,908,670.96. Following the completion of the sale, the chief executive officer now directly owns 245,736 shares of the company’s stock, valued at $22,538,905.92. The disclosure for this sale can be found here. 7.38% of the stock is currently owned by corporate insiders.

About Yum Brands

YUM! Brands, Inc (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept.

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