Yum Brands Inc. (NYSE:YUM)’s share price hit a new 52-week high during mid-day trading on Friday . The stock 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.

Several equities analysts have recently issued reports on YUM shares. Sanford C. Bernstein reiterated a “hold” rating on shares of Yum Brands in a research report on Saturday, April 23rd. Vetr upgraded Yum Brands from a “buy” rating to a “strong-buy” rating and set a $91.26 price target on the stock in a research report on Monday, May 2nd. Wells Fargo & Co. reiterated a “market perform” rating and set a $83.00 price target on shares of Yum Brands in a research report on Monday, July 11th. Goldman Sachs Group Inc. reiterated a “sell” rating and set a $70.00 price target (up from $66.00) on shares of Yum Brands in a research report on Friday, April 22nd. Finally, Cowen and Company reiterated a “buy” rating on shares of Yum Brands in a research report on Sunday, July 17th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $87.73.

The firm has a market cap of $35.07 billion and a price-to-earnings ratio of 27.11. The company has a 50-day moving average price of $86.94 and a 200-day moving average price of $80.67.

Yum Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, July 13th. The restaurant operator reported $0.75 EPS for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.01. The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the company earned $0.69 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Equities research analysts predict that Yum Brands Inc. will post $3.70 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 5th. Stockholders of record on Friday, July 15th were paid 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 2.05%.

In other news, insider Tracy L. Skeans sold 1,793 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $90.02, for a total transaction of $161,405.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP David Eric Russell sold 5,213 shares of the stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of $90.00, for a total transaction of $469,170.00. Following the transaction, the vice president now owns 14,428 shares of the company’s stock, valued at $1,298,520. The disclosure for this sale can be found here.

Several institutional investors have bought and sold shares of the company. Bridgewater Associates LP increased its position in 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 in the last quarter. American International Group Inc. increased its stake in shares of Yum Brands by 2.2% in the fourth quarter. American International Group Inc. now owns 190,075 shares of the restaurant operator’s stock valued at $13,884,000 after buying an additional 4,116 shares during the period. BlackRock Advisors LLC increased its stake in shares of Yum Brands by 1.0% in the fourth quarter. BlackRock Advisors LLC now owns 247,314 shares of the restaurant operator’s stock valued at $18,066,000 after buying an additional 2,419 shares during the period. Utah Retirement Systems increased its stake 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 valued at $5,667,000 after buying an additional 200 shares during the period. Finally, KBC Group NV increased its stake in shares of Yum Brands by 3.2% in the fourth quarter. KBC Group NV now owns 185,310 shares of the restaurant operator’s stock valued at $13,537,000 after buying an additional 5,775 shares during the period.

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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