Yum Brands Inc. (NYSE:YUM) shares reached a new 52-week high during trading on Thursday . The company traded as high as $90.87 and last traded at $90.72, with a volume of 909,603 shares trading hands. The stock had previously closed at $89.88.

YUM has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued a “buy” rating on shares of Yum Brands in a research note on Friday, April 22nd. Nomura restated a “buy” rating and set a $92.00 price target (up from $82.00) on shares of Yum Brands in a research report on Thursday, April 21st. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Yum Brands in a research report on Thursday, April 21st. Cowen and Company restated a “buy” rating on shares of Yum Brands in a research report on Saturday, April 23rd. Finally, Vetr lowered shares of Yum Brands from a “strong-buy” rating to a “buy” rating and set a $91.26 price target for the company. in a research report on Tuesday, April 26th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $87.73.

The company has a market cap of $35.37 billion and a P/E ratio of 27.34. The stock has a 50 day moving average of $87.71 and a 200 day moving average of $81.17.

Yum Brands (NYSE:YUM) last released its quarterly earnings data on Wednesday, July 13th. The restaurant operator reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.01. During the same period last year, the firm earned $0.69 earnings per share. The company earned $3.01 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Yum Brands’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities analysts expect that Yum Brands Inc. will post $3.70 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 5th. Stockholders of record on Friday, July 15th were given a $0.46 dividend. The ex-dividend date was Wednesday, July 13th. This represents a $1.84 annualized dividend and a dividend yield of 2.05%.

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

Several large investors have made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its stake in shares of Yum Brands by 3.2% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,170,610 shares of the restaurant operator’s stock valued at $85,514,000 after buying an additional 36,280 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Yum Brands by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 801,438 shares of the restaurant operator’s stock valued at $58,549,000 after buying an additional 42,163 shares during the last quarter. I.G. Investment Management LTD. boosted its stake in shares of Yum Brands by 54.9% in the fourth quarter. I.G. Investment Management LTD. now owns 274,559 shares of the restaurant operator’s stock valued at $20,057,000 after buying an additional 97,269 shares during the last quarter. BlackRock Advisors LLC boosted 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 last quarter. Finally, American International Group Inc. boosted 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 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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