Yum! Brands, Inc. (NYSE:YUM) Receives "Hold" Rating from Robert W. Baird

About 5.74 million shares traded or 226.14% up from the average. Yum! Brands, Inc. (NYSE:YUM) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Toronto Dominion Bank lifted its position in Yum! Schroder Investment Management Group's holdings in Yum! Brands worth $96,869,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. increased its stake in shares of Yum! Brands by 23.4% in the second quarter. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator's stock worth $1,281,452,000 after purchasing an additional 19,249,564 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Yum China Holdings by 3.9% during the 2nd quarter.

Doliver Capital Advisors Inc, which manages about $156.59M and $117.75M US Long portfolio, upped its stake in Clearbridge Energy Mlp Fund In (CEM) by 35,454 shares to 52,197 shares, valued at $812,000 in 2016Q4, according to the filing. Brands by 0.3% during the 1st quarter. Morgan Stanley increased its stake in shares of Yum! Brands by 82.4% during the 1st quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator's stock worth $303,987,000 after purchasing an additional 2,148,751 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Yum China Holdings during the 2nd quarter worth approximately $176,000. Brands in the second quarter valued at approximately $102,713,000.

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WARNING: "Yum! Brands, Inc". If you are viewing this piece on another publication, it was copied illegally and reposted in violation of USA and global trademark & copyright legislation. See The Hackett Group, Inc. Brands, Inc. (NYSE:YUM) or 8,125 shares. Brands, Inc. (NYSE:YUM) rating on Friday, May 26. The company has market cap of $25.94 billion. Therefore 50% are positive.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.07. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The firm's revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share. Equities analysts predict that Yum! Brands, Inc. (NYSE:YUM) for 103,800 shares.

A number of analysts recently issued reports on YUM shares. Royal Bank Of Canada restated an "outperform" rating and set a $83.00 target price on shares of Yum! Brands (YUM) Up 2.4% Since Earnings Report: "Can It Continue?" on September 05, 2017. Baird now has a $78.00 target price on the restaurant operator's stock. The rating was initiated by CLSA with "Underperform" on Monday, November 28. Oppenheimer Holdings, Inc. lifted their price target on shares of Yum! Robert W. Baird reiterated a "hold" rating and issued a $78.00 price target on shares of Yum! Brands in a report on Friday, September 8th. BidaskClub downgraded Yum! Brands from a strong-buy rating to a buy rating in a research report on Saturday, June 10th. Fifteen analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. Brands has a consensus rating of "Buy" and a consensus price target of $80.31.

In other news, insider Mark Chu sold 22,184 shares of the firm's stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $74.00, for a total transaction of $616,864.00. Following the sale, the chief executive officer now owns 6,719 shares of the company's stock, valued at $495,996.58. Also, CFO David W. Gibbs sold 8,336 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $73.82, for a total value of $109,770.34. The institutional investor held 31,874 shares of the company at the end of 2016Q4, valued at $356,000, down from 148,273 at the end of the previous reported quarter. The disclosure for this sale can be found here. As of December 31, 2016, the Company had over 7,500 restaurants in China.

Yum China Holdings, Inc is a restaurant company with approximately 7,200 restaurants. The company have rights to KFC, China's quick-service restaurant concept, Pizza Hut, casual dining restaurant brand and Taco Bell. The Company's divisions include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell.