Brown Advisory Inc. increased its stake in Yum Brands Inc. (NYSE:YUM) by 16.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,072 shares of the restaurant operator’s stock after buying an additional 6,788 shares during the period. Brown Advisory Inc.’s holdings in Yum Brands were worth $3,986,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC raised its stake in Yum Brands by 9.2% in the second quarter. Advisory Services Network LLC now owns 1,292 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 109 shares during the period. Tortoise Investment Management LLC raised its stake in Yum Brands by 10.4% in the second quarter. Tortoise Investment Management LLC now owns 1,325 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 125 shares during the period. Zions Bancorporation raised its stake in Yum Brands by 17.1% in the first quarter. Zions Bancorporation now owns 1,508 shares of the restaurant operator’s stock valued at $121,000 after buying an additional 220 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in Yum Brands by 637.5% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,652 shares of the restaurant operator’s stock valued at $137,000 after buying an additional 1,428 shares during the period. Finally, Vigilant Capital Management LLC raised its stake in Yum Brands by 5.9% in the second quarter. Vigilant Capital Management LLC now owns 1,694 shares of the restaurant operator’s stock valued at $140,000 after buying an additional 94 shares during the period. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Yum Brands Inc. (NYSE:YUM) traded up 0.61% during midday trading on Wednesday, reaching $89.35. The company’s stock had a trading volume of 354,697 shares. The firm’s 50-day moving average price is $89.33 and its 200-day moving average price is $84.26. Yum Brands Inc. has a 52 week low of $64.58 and a 52 week high of $91.99. The stock has a market capitalization of $34.84 billion, a PE ratio of 26.93 and a beta of 0.81.

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. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Yum Brands had a return on equity of 213.02% and a net margin of 10.97%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.69 EPS. On average, analysts anticipate that Yum Brands Inc. will post $3.69 earnings per share for the current year.

Several analysts recently commented on the company. Credit Suisse Group AG reaffirmed a “neutral” rating and set a $84.00 target price on shares of Yum Brands in a report on Thursday, July 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $97.00 target price on shares of Yum Brands in a report on Thursday, July 14th. Barclays PLC reaffirmed an “equal weight” rating and set a $83.00 target price on shares of Yum Brands in a report on Friday, July 15th. Zacks Investment Research lowered Yum Brands from a “hold” rating to a “sell” rating in a report on Monday. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Yum Brands in a research report on Sunday, July 17th. Four investment analysts have rated the stock with a sell rating, thirteen have given 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 $88.94.

In related news, 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 value of $161,405.86. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Muktesh Pant sold 91,228 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $89.94, for a total value of $8,205,046.32. Following the completion of the sale, the chief executive officer now owns 62,660 shares in the company, valued at approximately $5,635,640.40. The disclosure for this sale can be found here. 7.38% of the stock is owned by corporate insiders.

About Yum Brands

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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