Huntington National Bank increased its position in Yum! Brands, Inc. (NYSE:YUM) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,976 shares of the restaurant operator’s stock after buying an additional 175 shares during the period. Huntington National Bank’s holdings in Yum! Brands were worth $3,096,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of YUM. Bridges Investment Management Inc. bought a new position in shares of Yum! Brands during the second quarter worth about $205,000. Mitchell Mcleod Pugh & Williams Inc. increased its position in shares of Yum! Brands by 0.6% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 18,977 shares of the restaurant operator’s stock worth $1,400,000 after buying an additional 115 shares during the period. Oakbrook Investments LLC increased its position in shares of Yum! Brands by 76.5% in the second quarter. Oakbrook Investments LLC now owns 26,300 shares of the restaurant operator’s stock worth $1,940,000 after buying an additional 11,400 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of Yum! Brands by 0.8% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 8,995 shares of the restaurant operator’s stock worth $663,000 after buying an additional 75 shares during the period. Finally, Whittier Trust Co. increased its position in shares of Yum! Brands by 0.9% in the second quarter. Whittier Trust Co. now owns 9,150 shares of the restaurant operator’s stock worth $675,000 after buying an additional 79 shares during the period. Institutional investors own 73.75% of the company’s stock.

Yum! Brands, Inc. (YUM) traded down 0.05% on Monday, reaching $74.99. The company’s stock had a trading volume of 1,719,690 shares. The stock has a market cap of $26.11 billion, a PE ratio of 18.88 and a beta of 0.82. Yum! Brands, Inc. has a 12-month low of $59.57 and a 12-month high of $91.99. The company’s 50 day moving average price is $74.01 and its 200-day moving average price is $68.62.

Yum! Brands (NYSE:YUM) last issued its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, beating the consensus estimate of $0.61 by $0.07. Yum! Brands had a negative return on equity of 24.95% and a net margin of 16.76%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the business posted $0.75 EPS. The company’s revenue was down 4.0% compared to the same quarter last year. On average, equities analysts expect that Yum! Brands, Inc. will post $2.81 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 4th. Shareholders of record on Friday, July 14th were paid a dividend of $0.30 per share. The ex-dividend date was Wednesday, July 12th. This represents a $1.20 annualized dividend and a yield of 1.60%. Yum! Brands’s dividend payout ratio is 33.15%.

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A number of equities analysts have recently issued reports on the company. Barclays PLC raised their price objective on Yum! Brands from $72.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Friday. UBS AG lifted their target price on Yum! Brands from $76.00 to $83.00 and gave the stock a “buy” rating in a report on Friday. Royal Bank Of Canada reiterated a “buy” rating and issued a $83.00 target price on shares of Yum! Brands in a report on Friday. BMO Capital Markets lifted their target price on Yum! Brands from $66.00 to $77.00 and gave the stock a “market perform” rating in a report on Thursday. Finally, BidaskClub upgraded Yum! Brands from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 2nd. Fourteen equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $78.68.

In other news, CEO Brian R. Niccol sold 1,471 shares of the firm’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $72.64, for a total value of $106,853.44. Following the transaction, the chief executive officer now directly owns 6,712 shares in the company, valued at approximately $487,559.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO David W. Gibbs sold 8,125 shares of the firm’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $68.83, for a total value of $559,243.75. Following the completion of the transaction, the chief financial officer now owns 39,181 shares in the company, valued at $2,696,828.23. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,083 shares of company stock worth $775,868. Company insiders own 0.65% of the company’s stock.

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.

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

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