St. Johns Investment Management Company LLC cut its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,767 shares of the restaurant operator’s stock after selling 112 shares during the quarter. St. Johns Investment Management Company LLC’s holdings in Yum! Brands were worth $714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of YUM. Reilly Financial Advisors LLC increased its position in Yum! Brands by 71.4% in the fourth quarter. Reilly Financial Advisors LLC now owns 480 shares of the restaurant operator’s stock worth $44,000 after buying an additional 200 shares during the period. Ipswich Investment Management Co. Inc. acquired a new position in shares of Yum! Brands during the fourth quarter valued at $46,000. Essex Savings Bank acquired a new position in shares of Yum! Brands during the fourth quarter valued at $50,000. First Command Bank increased its holdings in shares of Yum! Brands by 63.0% during the fourth quarter. First Command Bank now owns 621 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 240 shares during the period. Finally, First Command Financial Services Inc. increased its holdings in shares of Yum! Brands by 63.0% during the fourth quarter. First Command Financial Services Inc. now owns 621 shares of the restaurant operator’s stock valued at $57,000 after purchasing an additional 240 shares during the period. 72.64% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CFO David W. Gibbs sold 6,391 shares of the firm’s stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $88.22, for a total transaction of $563,814.02. Following the completion of the transaction, the chief financial officer now owns 39,380 shares of the company’s stock, valued at $3,474,103.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Anthony Lowings sold 2,889 shares of the firm’s stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $89.93, for a total value of $259,807.77. Following the transaction, the chief executive officer now directly owns 36,497 shares of the company’s stock, valued at approximately $3,282,175.21. The disclosure for this sale can be found here. Insiders have sold 42,317 shares of company stock valued at $3,883,277 in the last ninety days. Company insiders own 0.63% of the company’s stock.

YUM has been the topic of a number of research analyst reports. Goldman Sachs Group lowered Yum! Brands from a “neutral” rating to a “sell” rating and lowered their price target for the company from $83.00 to $76.00 in a report on Friday, January 11th. Zacks Investment Research lowered Yum! Brands from a “buy” rating to a “hold” rating in a report on Monday, January 14th. Cowen reissued a “buy” rating and set a $100.00 price target on shares of Yum! Brands in a report on Sunday, December 2nd. Stifel Nicolaus lowered Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 price target on the stock. in a report on Tuesday, October 23rd. Finally, Robert W. Baird raised their price target on Yum! Brands from $94.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. Yum! Brands currently has a consensus rating of “Hold” and an average price target of $92.64.

YUM stock traded down $0.28 during trading hours on Monday, hitting $94.21. 31,457 shares of the stock traded hands, compared to its average volume of 1,673,805. Yum! Brands, Inc. has a one year low of $76.32 and a one year high of $95.45. The stock has a market capitalization of $29.58 billion, a P/E ratio of 29.72, a P/E/G ratio of 1.96 and a beta of 0.60.

Yum! Brands (NYSE:YUM) last announced its earnings results on Thursday, February 7th. The restaurant operator reported $0.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($0.57). Yum! Brands had a net margin of 27.11% and a negative return on equity of 14.19%. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the business earned $0.96 EPS. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. Sell-side analysts expect that Yum! Brands, Inc. will post 3.79 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 8th. Investors of record on Thursday, February 14th will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, February 13th. This represents a $1.68 annualized dividend and a yield of 1.78%. This is a boost from Yum! Brands’s previous quarterly dividend of $0.36. Yum! Brands’s dividend payout ratio (DPR) is currently 45.43%.

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About Yum! Brands

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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