Duncker Streett & Co. Inc. held its stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,400 shares of the restaurant operator’s stock at the end of the second quarter. Duncker Streett & Co. Inc.’s holdings in Yum! Brands were worth $104,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Wetherby Asset Management Inc. boosted its stake in shares of Yum! Brands by 0.5% in the first quarter. Wetherby Asset Management Inc. now owns 5,725 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 28 shares in the last quarter. FTB Advisors Inc. boosted its stake in shares of Yum! Brands by 1.0% in the first quarter. FTB Advisors Inc. now owns 3,260 shares of the restaurant operator’s stock valued at $208,000 after buying an additional 31 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in shares of Yum! Brands by 0.5% in the first quarter. Kornitzer Capital Management Inc. KS now owns 10,800 shares of the restaurant operator’s stock valued at $690,000 after buying an additional 50 shares in the last quarter. Bartlett & Co. LLC boosted its stake in shares of Yum! Brands by 3.6% in the first quarter. Bartlett & Co. LLC now owns 1,992 shares of the restaurant operator’s stock valued at $127,000 after buying an additional 70 shares in the last quarter. Finally, Needelman Asset Management Inc. boosted its stake in shares of Yum! Brands by 0.6% in the second quarter. Needelman Asset Management Inc. now owns 11,470 shares of the restaurant operator’s stock valued at $846,000 after buying an additional 70 shares in the last quarter. Institutional investors own 73.75% of the company’s stock.

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

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

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

WARNING: This story was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/08/07/yum-brands-inc-nyseyum-position-maintained-by-duncker-streett-co-inc-updated.html.

A number of research firms have commented on YUM. Instinet reaffirmed a “buy” rating and set a $78.00 price target on shares of Yum! Brands in a research report on Sunday, May 28th. BMO Capital Markets reaffirmed a “hold” rating and set a $66.00 price target on shares of Yum! Brands in a research report on Monday, May 22nd. Cowen and Company reaffirmed an “outperform” rating and set a $75.00 price target on shares of Yum! Brands in a research report on Tuesday, April 25th. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Finally, Citigroup Inc. upped their price target on Yum! Brands from $67.00 to $71.00 and gave the company a “neutral” rating in a research report on Tuesday, April 11th. Fourteen analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Yum! Brands has a consensus rating of “Buy” and a consensus target price of $78.68.

In other news, CEO Brian R. Niccol sold 1,487 shares of the company’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $73.82, for a total transaction of $109,770.34. Following the transaction, the chief executive officer now directly owns 6,719 shares of the company’s stock, valued at $495,996.58. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO David W. Gibbs sold 8,125 shares of the company’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 transaction, the chief financial officer now directly 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 ninety days, insiders have sold 11,083 shares of company stock worth $775,868. 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)

Receive News & Stock Ratings for Yum! Brands Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum! Brands Inc. and related stocks with our FREE daily email newsletter.