Quantinno Capital Management LP Has $8.29 Million Holdings in Yum! Brands, Inc. (NYSE:YUM)

Quantinno Capital Management LP boosted its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.7% in the fourth quarter, Holdings Channel reports. The fund owned 61,814 shares of the restaurant operator’s stock after acquiring an additional 400 shares during the period. Quantinno Capital Management LP’s holdings in Yum! Brands were worth $8,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in Yum! Brands during the 4th quarter worth $25,000. WealthTrak Capital Management LLC acquired a new position in Yum! Brands during the 4th quarter worth $25,000. Halbert Hargrove Global Advisors LLC acquired a new position in Yum! Brands during the 4th quarter worth $33,000. Itau Unibanco Holding S.A. lifted its position in Yum! Brands by 436.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 227 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its position in Yum! Brands by 52.1% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock worth $40,000 after acquiring an additional 101 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insiders Place Their Bets

In other Yum! Brands news, insider Erika Burkhardt sold 597 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $159.07, for a total transaction of $94,964.79. Following the sale, the insider now directly owns 64 shares of the company’s stock, valued at approximately $10,180.48. This represents a 90.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David W. Gibbs sold 30,604 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the sale, the chief executive officer now directly owns 160,296 shares in the company, valued at $25,560,800.16. This represents a 16.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 62,334 shares of company stock valued at $9,734,737. 0.33% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Morgan Stanley boosted their target price on shares of Yum! Brands from $147.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 1st. Guggenheim upped their price objective on shares of Yum! Brands from $155.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, April 8th. Oppenheimer reaffirmed an “outperform” rating and set a $185.00 price objective on shares of Yum! Brands in a research report on Monday, April 28th. Robert W. Baird cut their price objective on shares of Yum! Brands from $176.00 to $174.00 and set an “outperform” rating for the company in a research report on Monday, April 7th. Finally, Evercore ISI upped their price objective on shares of Yum! Brands from $160.00 to $170.00 and gave the company an “in-line” rating in a research report on Thursday, May 1st. Sixteen analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $156.70.

Yum! Brands Trading Up 1.3%

Shares of Yum! Brands stock opened at $147.00 on Friday. The stock has a market capitalization of $40.86 billion, a price-to-earnings ratio of 28.16, a P/E/G ratio of 2.31 and a beta of 0.77. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30. The firm’s 50-day moving average price is $149.93 and its two-hundred day moving average price is $141.82.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.01. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 earnings per share. As a group, equities research analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Tuesday, May 27th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.93%. Yum! Brands’s dividend payout ratio is 56.57%.

About Yum! Brands

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.