Burney Co. reduced its stake in Yum! Brands, Inc. (NYSE:YUM) by 3.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,109 shares of the restaurant operator’s stock after selling 273 shares during the period. Burney Co.’s holdings in Yum! Brands were worth $450,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in YUM. Commerzbank Aktiengesellschaft FI boosted its position in shares of Yum! Brands by 30.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 32,277 shares of the restaurant operator’s stock valued at $2,044,000 after buying an additional 7,616 shares during the last quarter. Twin Capital Management Inc. boosted its position in shares of Yum! Brands by 11.5% in the fourth quarter. Twin Capital Management Inc. now owns 10,180 shares of the restaurant operator’s stock valued at $645,000 after buying an additional 1,050 shares during the last quarter. Linscomb & Williams Inc. boosted its position in shares of Yum! Brands by 1.3% in the fourth quarter. Linscomb & Williams Inc. now owns 10,355 shares of the restaurant operator’s stock valued at $656,000 after buying an additional 129 shares during the last quarter. Bessemer Group Inc. boosted its position in shares of Yum! Brands by 41.2% in the fourth quarter. Bessemer Group Inc. now owns 5,983 shares of the restaurant operator’s stock valued at $380,000 after buying an additional 1,746 shares during the last quarter. Finally, Pitcairn Co. boosted its position in shares of Yum! Brands by 39.0% in the fourth quarter. Pitcairn Co. now owns 11,957 shares of the restaurant operator’s stock valued at $757,000 after buying an additional 3,357 shares during the last quarter. 73.31% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Yum! Brands, Inc. (NYSE:YUM) opened at 68.44 on Friday. The company’s 50-day moving average price is $65.45 and its 200 day moving average price is $63.93. The company has a market cap of $24.30 billion, a P/E ratio of 16.93 and a beta of 0.76. Yum! Brands, Inc. has a 52 week low of $49.97 and a 52 week high of $68.98.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, February 9th. The restaurant operator reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.09 billion. Yum! Brands had a negative return on equity of 75.96% and a net margin of 14.76%. The company’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.68 earnings per share. Equities research analysts anticipate that Yum! Brands, Inc. will post $2.73 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 3rd. Stockholders of record on Friday, January 13th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Wednesday, January 11th. Yum! Brands’s dividend payout ratio is presently 29.93%.

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Several brokerages have issued reports on YUM. Barclays PLC reissued an “equal weight” rating and issued a $70.00 target price (up from $69.00) on shares of Yum! Brands in a research report on Thursday. Jefferies Group LLC reissued a “hold” rating and issued a $66.00 target price (up from $60.00) on shares of Yum! Brands in a research report on Thursday. Sanford C. Bernstein set a $78.00 target price on Yum! Brands and gave the stock a “buy” rating in a research report on Saturday, February 11th. Stifel Nicolaus raised their target price on Yum! Brands from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, February 10th. Finally, Longbow Research cut Yum! Brands from a “buy” rating to a “neutral” rating in a research report on Friday, February 10th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $82.40.

In other news, CEO Brian R. Niccol sold 11,938 shares of the stock in a transaction dated Friday, February 10th. The stock was sold at an average price of $68.17, for a total value of $813,813.46. Following the transaction, the chief executive officer now directly owns 36,910 shares of the company’s stock, valued at $2,516,154.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.38% of the stock is currently owned by corporate insiders.

Yum! Brands Company Profile

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’s segments include 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.

5 Day Chart for NYSE:YUM

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