YHB Investment Advisors Inc. trimmed its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,277 shares of the restaurant operator’s stock after selling 1,254 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Yum! Brands were worth $3,886,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Stock Yards Bank & Trust Co. raised its holdings in shares of Yum! Brands by 3.1% in the third quarter. Stock Yards Bank & Trust Co. now owns 20,082 shares of the restaurant operator’s stock worth $1,826,000 after buying an additional 603 shares during the last quarter. WINTON GROUP Ltd lifted its stake in shares of Yum! Brands by 88.1% in the second quarter. WINTON GROUP Ltd now owns 196,475 shares of the restaurant operator’s stock worth $15,368,000 after buying an additional 92,002 shares in the last quarter. Legacy Financial Advisors Inc. lifted its stake in shares of Yum! Brands by 54.3% in the third quarter. Legacy Financial Advisors Inc. now owns 2,057 shares of the restaurant operator’s stock worth $187,000 after buying an additional 724 shares in the last quarter. Rossmore Private Capital purchased a new position in Yum! Brands during the third quarter worth about $391,000. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its position in shares of Yum! Brands by 42.2% during the third quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 15,112 shares of the restaurant operator’s stock valued at $1,358,000 after acquiring an additional 4,485 shares during the last quarter. Institutional investors own 70.78% of the company’s stock.
YUM traded down $0.85 during trading on Friday, reaching $90.94. The stock had a trading volume of 174,108 shares, compared to its average volume of 2,296,066. The stock has a market cap of $28.46 billion, a PE ratio of 30.72, a P/E/G ratio of 1.88 and a beta of 0.70. Yum! Brands, Inc. has a one year low of $75.88 and a one year high of $94.13.
Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, October 31st. The restaurant operator reported $1.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.21. Yum! Brands had a negative return on equity of 17.89% and a net margin of 28.81%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. During the same period last year, the firm earned $0.68 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities research analysts predict that Yum! Brands, Inc. will post 3.72 EPS for the current year.
Several research firms have commented on YUM. Zacks Investment Research cut shares of Yum! Brands from a “buy” rating to a “hold” rating in a report on Thursday, November 22nd. KeyCorp initiated coverage on shares of Yum! Brands in a research note on Wednesday, October 3rd. They set a “sector weight” rating on the stock. Stifel Nicolaus lowered shares of Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 target price on the stock. in a report on Tuesday, October 23rd. Gordon Haskett assumed coverage on shares of Yum! Brands in a report on Thursday, October 18th. They set a “hold” rating and a $90.00 price objective on the stock. Finally, Robert W. Baird raised their price target on shares of Yum! Brands from $94.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $90.41.
In related news, CEO Roger G. Eaton sold 44,823 shares of the firm’s stock in a transaction dated Thursday, November 8th. The stock was sold at an average price of $90.54, for a total value of $4,058,274.42. Following the sale, the chief executive officer now directly owns 160,726 shares of the company’s stock, valued at $14,552,132.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Scott Catlett sold 745 shares of the firm’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $90.00, for a total value of $67,050.00. Following the completion of the sale, the general counsel now directly owns 5,188 shares in the company, valued at $466,920. The disclosure for this sale can be found here. Insiders have sold 64,771 shares of company stock worth $5,836,523 over the last ninety days. Insiders own 0.63% of the company’s stock.
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Yum! Brands Profile
YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.
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