The Yum! Brands, Inc. (YUM) Position Decreased by Sheaff Brock Investment Advisors LLC

The Yum! Brands, Inc. (YUM) Position Decreased by Sheaff Brock Investment Advisors LLC

Several other large investors also recently made changes to their positions in the stock. Hudock Capital Group LLC raised its stake in shares of Yum! Brands by 0.3% in the third quarter. Hudock Capital Group LLC now owns 1,112 shares of the restaurant operator’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. Altfest L J & Co. Inc. raised its stake in shares of Yum! Brands by 0.3% in the third quarter. Altfest L J & Co. Inc. now owns 9,789 shares of the restaurant operator’s stock valued at $889,000 after buying an additional 27 shares in the last quarter. Wetherby Asset Management Inc. increased its stake in shares of Yum! Brands by 0.5% in the first quarter. Wetherby Asset Management Inc. now owns 5,725 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 28 shares during the last quarter. FTB Advisors Inc. increased its stake in shares of Yum! Brands by 1.0% in the first quarter. FTB Advisors Inc. now owns 3,260 shares of the restaurant operator’s stock valued at $208,000 after buying an additional 31 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its stake in shares of Yum! Brands by 0.5% in the first quarter. Kornitzer Capital Management Inc. KS now owns 10,800 shares of the restaurant operator’s stock valued at $690,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 73.31% of the company’s stock.

Sheaff Brock Investment Advisors LLC lowered its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 10.8% during the first quarter, according to its most recent filing with the SEC. The fund owned 12,613 shares of the restaurant operator’s stock after selling 1,524 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Yum! Brands were worth $806,000 as of its most recent SEC filing.

Shares of Yum! Brands, Inc. (NYSE YUM) opened at 73.99 on Monday. Yum! Brands, Inc. has a 12 month low of $56.89 and a 12 month high of $74.28. The company has a market capitalization of $25.77 billion, a price-to-earnings ratio of 18.63 and a beta of 0.76. The firm’s 50-day moving average price is $68.61 and its 200-day moving average price is $65.50.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, May 3rd. The restaurant operator reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.05. Yum! Brands had a negative return on equity of 75.96% and a net margin of 14.76%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the company earned $0.95 EPS. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. Equities research analysts expect that Yum! Brands, Inc. will post $2.77 EPS for the current year. The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Friday, July 14th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Wednesday, July 12th. Yum! Brands’s dividend payout ratio is presently 29.93%.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, May 3rd. The restaurant operator reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.05. Yum! Brands had a negative return on equity of 75.96% and a net margin of 14.76%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the company earned $0.95 EPS. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. Equities research analysts expect that Yum! Brands, Inc. will post $2.77 EPS for the current year. YUM has been the subject of several recent research reports. Jefferies Group LLC boosted their price objective on Yum! Brands to $66.00 in a research report on Friday, February 10th. Barclays PLC upped their target price on Yum! Brands to $70.00 in a report on Friday, February 10th. Sanford C. Bernstein set a $78.00 price objective on Yum! Brands and gave the stock a “buy” rating in a report on Saturday, February 11th. Stifel Nicolaus increased their price objective on Yum! Brands from $65.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, February 10th. Finally, Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a report on Wednesday, April 12th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $77.84.

In other news, CEO Brian R. Niccol sold 1,471 shares of the business’s stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $72.64, for a total transaction of $106,853.44. Following the sale, the chief executive officer now owns 6,712 shares of the company’s stock, valued at approximately $487,559.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David W. Gibbs sold 8,125 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $68.83, for a total value of $559,243.75. Following the sale, the chief financial officer now directly owns 39,181 shares in the company, valued at approximately $2,696,828.23. The disclosure for this sale can be found here. 7.38% of the stock is currently owned by insiders. About Yum! Brands

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “YUM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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