Hall Capital Management Co. Inc. boosted its holdings in Yum! Brands, Inc. (NYSE:YUM) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,085 shares of the restaurant operator’s stock after acquiring an additional 235 shares during the quarter. Hall Capital Management Co. Inc.’s holdings in Yum! Brands were worth $891,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Yum! Brands by 3.3% in the second quarter. Vanguard Group Inc. now owns 22,604,873 shares of the restaurant operator’s stock valued at $1,667,335,000 after acquiring an additional 711,910 shares during the period. BlackRock Inc. increased its stake in Yum! Brands by 2,392.9% in the first quarter. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator’s stock valued at $1,281,452,000 after acquiring an additional 19,249,564 shares during the period. Magellan Asset Management Ltd increased its stake in Yum! Brands by 2.0% in the second quarter. Magellan Asset Management Ltd now owns 15,446,852 shares of the restaurant operator’s stock valued at $1,139,360,000 after acquiring an additional 308,387 shares during the period. Loomis Sayles & Co. L P increased its stake in Yum! Brands by 0.3% in the first quarter. Loomis Sayles & Co. L P now owns 6,379,688 shares of the restaurant operator’s stock valued at $407,662,000 after acquiring an additional 17,799 shares during the period. Finally, Morgan Stanley increased its stake in Yum! Brands by 82.4% in the first quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator’s stock valued at $303,987,000 after acquiring an additional 2,148,751 shares during the period. 72.04% of the stock is currently owned by institutional investors and hedge funds.

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A number of equities analysts have commented on YUM shares. Robert W. Baird restated a “hold” rating and issued a $78.00 price target on shares of Yum! Brands in a research report on Friday, September 8th. Zacks Investment Research upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Thursday, July 20th. Royal Bank Of Canada restated an “outperform” rating and issued a $83.00 price target on shares of Yum! Brands in a research report on Monday, September 11th. CIBC boosted their price target on shares of Yum! Brands from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, September 8th. Finally, Oppenheimer Holdings, Inc. boosted their price target on shares of Yum! Brands from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, September 8th. Fifteen equities research 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 currently has an average rating of “Buy” and an average target price of $80.31.

In other news, CFO David W. Gibbs sold 8,336 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total value of $616,864.00. Following the transaction, the chief financial officer now owns 39,664 shares in the company, valued at approximately $2,935,136. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian R. Niccol sold 1,487 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 6,719 shares in the company, valued at approximately $495,996.58. The disclosure for this sale can be found here. 7.38% of the stock is currently owned by insiders.

Shares of Yum! Brands, Inc. (NYSE YUM) traded up 0.71% during midday trading on Thursday, reaching $73.62. 766,398 shares of the company’s stock traded hands. Yum! Brands, Inc. has a 52-week low of $59.57 and a 52-week high of $78.14. The stock has a 50-day moving average price of $76.04 and a 200-day moving average price of $71.06. The stock has a market cap of $25.38 billion, a P/E ratio of 19.54 and a beta of 0.83.

Yum! Brands (NYSE:YUM) last posted its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, topping the 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 for the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the company earned $0.75 EPS. The firm’s revenue was down 4.0% compared to the same quarter last year. Analysts forecast that Yum! Brands, Inc. will post $2.81 earnings per share for the current year.

Yum! Brands 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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