Girard Partners LTD. lowered its stake in Yum! Brands, Inc. (NYSE:YUM) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,390 shares of the restaurant operator’s stock after selling 274 shares during the period. Girard Partners LTD.’s holdings in Yum! Brands were worth $471,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Kistler Tiffany Companies LLC raised its position in shares of Yum! Brands by 0.5% in the second quarter. Kistler Tiffany Companies LLC now owns 1,537 shares of the restaurant operator’s stock valued at $113,000 after buying an additional 7 shares during the last quarter. YorkBridge Wealth Partners LLC raised its position in shares of Yum! Brands by 49.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,557 shares of the restaurant operator’s stock valued at $103,000 after buying an additional 512 shares during the last quarter. Founders Capital Management raised its position in shares of Yum! Brands by 164.5% in the second quarter. Founders Capital Management now owns 1,640 shares of the restaurant operator’s stock valued at $121,000 after buying an additional 1,020 shares during the last quarter. Coconut Grove Bank raised its position in shares of Yum! Brands by 84.6% in the first quarter. Coconut Grove Bank now owns 1,855 shares of the restaurant operator’s stock valued at $119,000 after buying an additional 850 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. raised its position in shares of Yum! Brands by 5.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,031 shares of the restaurant operator’s stock valued at $130,000 after buying an additional 114 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors.

Yum! Brands, Inc. (NYSE YUM) opened at 76.21 on Tuesday. The company’s 50 day moving average price is $75.03 and its 200 day moving average price is $69.89. Yum! Brands, Inc. has a 12 month low of $59.57 and a 12 month high of $91.99. The firm has a market capitalization of $26.28 billion, a P/E ratio of 20.23 and a beta of 0.82.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share for the quarter, topping 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 business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the business posted $0.75 earnings per share. Yum! Brands’s revenue was down 4.0% compared to the same quarter last year. Analysts anticipate that Yum! Brands, Inc. will post $2.82 EPS for the current year.

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A number of equities analysts recently issued reports on the company. BMO Capital Markets reissued a “market perform” rating and set a $77.00 price target (up previously from $66.00) on shares of Yum! Brands in a report on Wednesday, August 9th. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Argus reissued a “buy” rating and set a $88.00 price target (up previously from $80.00) on shares of Yum! Brands in a report on Wednesday, August 23rd. Royal Bank Of Canada reissued a “buy” rating and set a $83.00 price target on shares of Yum! Brands in a report on Friday, August 4th. Finally, Mizuho assumed coverage on Yum! Brands in a report on Thursday, June 8th. They set a “neutral” rating and a $74.00 price target on the stock. Fifteen analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $78.98.

In related news, CFO David W. Gibbs sold 8,336 shares of the company’s stock in a transaction dated 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 owns 39,664 shares of the company’s stock, valued at $2,935,136. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the company’s stock in a transaction dated Monday, July 3rd. The stock was 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 approximately $495,996.58. The disclosure for this sale can be found here. Insiders have sold 11,294 shares of company stock valued at $833,488 in the last ninety days. 0.65% of the stock is currently owned by company insiders.

About Yum! Brands

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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