Yum! Brands, Inc. (NYSE:YUM) Stake Lifted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 30.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,388 shares of the restaurant operator's stock after purchasing an additional 9,046 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Yum! Brands were worth $5,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Crewe Advisors LLC purchased a new stake in shares of Yum! Brands during the 1st quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. boosted its position in Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator's stock worth $31,000 after purchasing an additional 201 shares in the last quarter. Meeder Asset Management Inc. grew its holdings in Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator's stock valued at $36,000 after purchasing an additional 82 shares during the last quarter. Kimelman & Baird LLC purchased a new position in shares of Yum! Brands in the second quarter valued at $37,000. Finally, Iron Horse Wealth Management LLC raised its stake in shares of Yum! Brands by 3,088.9% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator's stock worth $38,000 after buying an additional 278 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company's stock.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the sale, the chief executive officer now directly owns 155,883 shares in the company, valued at approximately $20,955,351.69. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the business's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the transaction, the chief executive officer now directly owns 155,883 shares of the company's stock, valued at $20,955,351.69. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the firm's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at $169,414.20. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,622 shares of company stock valued at $4,172,740 over the last quarter. Insiders own 0.31% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on YUM. TD Cowen restated a "hold" rating and set a $145.00 target price on shares of Yum! Brands in a research report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their price target on Yum! Brands from $147.00 to $145.00 and set a "hold" rating for the company in a research report on Wednesday. Loop Capital reduced their price objective on Yum! Brands from $143.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Finally, Robert W. Baird raised their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 7th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $145.94.

Yum! Brands Trading Up 0.1 %

NYSE YUM traded up $0.15 on Friday, hitting $137.21. 1,727,132 shares of the stock traded hands, compared to its average volume of 1,949,292. The company has a market capitalization of $38.58 billion, a P/E ratio of 25.65, a price-to-earnings-growth ratio of 2.13 and a beta of 1.10. The stock has a 50-day moving average of $134.32 and a 200 day moving average of $134.81. Yum! Brands, Inc. has a twelve month low of $123.60 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter last year, the business earned $1.44 earnings per share. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, equities research analysts expect that Yum! Brands, Inc. will post 5.54 earnings per share for the current year.

Yum! Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, August 27th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 27th. This represents a $2.68 annualized dividend and a yield of 1.95%. Yum! Brands's dividend payout ratio (DPR) is 50.09%.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.