Yum Brands Inc. (NYSE:YUM) shares reached a new 52-week high on Friday . The company traded as high as $90.68 and last traded at $89.98, with a volume of 873,274 shares changing hands. The stock had previously closed at $89.98.

A number of research analysts have weighed in on the company. Barclays PLC reissued an “equal weight” rating and issued a $83.00 target price on shares of Yum Brands in a report on Friday, July 15th. Citigroup Inc. reissued a “neutral” rating and issued a $88.00 target price on shares of Yum Brands in a report on Friday, July 15th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Yum Brands in a report on Sunday, July 17th. Royal Bank Of Canada reissued a “buy” rating on shares of Yum Brands in a report on Sunday, July 17th. Finally, Cowen and Company reissued a “buy” rating on shares of Yum Brands in a report on Sunday, July 17th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $87.73.

The firm has a market capitalization of $35.11 billion and a PE ratio of 27.14. The stock has a 50 day moving average price of $86.83 and a 200 day moving average price of $80.51.

Yum Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, July 13th. The restaurant operator reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. During the same period in the previous year, the company posted $0.69 EPS. The business earned $3.01 billion during the quarter, compared to analyst estimates of $3.07 billion. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities research analysts anticipate that Yum Brands Inc. will post $3.70 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 5th. Shareholders of record on Friday, July 15th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Wednesday, July 13th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.04%.

In other Yum Brands news, VP David Eric Russell sold 5,213 shares of the stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $90.00, for a total transaction of $469,170.00. Following the completion of the transaction, the vice president now owns 14,428 shares of the company’s stock, valued at $1,298,520. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Roger G. Eaton sold 26,282 shares of the stock in a transaction that occurred on Thursday, June 23rd. The shares were sold at an average price of $85.55, for a total value of $2,248,425.10. Following the transaction, the chief executive officer now directly owns 110,418 shares of the company’s stock, valued at approximately $9,446,259.90. The disclosure for this sale can be found here.

Other institutional investors have recently made changes to their positions in the company. GSA Capital Partners LLP boosted its position in shares of Yum Brands by 177.7% in the fourth quarter. GSA Capital Partners LLP now owns 16,615 shares of the restaurant operator’s stock worth $1,214,000 after buying an additional 10,631 shares during the last quarter. Suntrust Banks Inc. boosted its position in shares of Yum Brands by 44.4% in the fourth quarter. Suntrust Banks Inc. now owns 33,567 shares of the restaurant operator’s stock worth $2,451,000 after buying an additional 10,321 shares during the last quarter. Utah Retirement Systems boosted its position in shares of Yum Brands by 0.3% in the fourth quarter. Utah Retirement Systems now owns 77,574 shares of the restaurant operator’s stock worth $5,667,000 after buying an additional 200 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Yum Brands by 53.4% in the fourth quarter. Marshall Wace LLP now owns 92,410 shares of the restaurant operator’s stock worth $6,750,000 after buying an additional 32,153 shares during the last quarter. Finally, Bridgewater Associates LP boosted its position in shares of Yum Brands by 33.2% in the fourth quarter. Bridgewater Associates LP now owns 105,715 shares of the restaurant operator’s stock worth $7,722,000 after buying an additional 26,370 shares during the last quarter.

YUM! Brands, Inc (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept.

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