PGGM Investments Has $16.91 Million Holdings in Yum! Brands, Inc. (NYSE:YUM)

PGGM Investments decreased its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,388 shares of the restaurant operator’s stock after selling 5,226 shares during the period. PGGM Investments’ holdings in Yum! Brands were worth $16,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Naples Money Management LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth approximately $26,000. Bfsg LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth approximately $26,000. Fortitude Family Office LLC acquired a new stake in shares of Yum! Brands during the 4th quarter worth approximately $27,000. Bruce G. Allen Investments LLC bought a new position in Yum! Brands in the 4th quarter valued at approximately $34,000. Finally, Legacy Financial Group LLC bought a new position in Yum! Brands in the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Royal Bank of Canada dropped their price objective on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. Guggenheim increased their price objective on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Argus reissued a “hold” rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Wells Fargo & Company downgraded shares of Yum! Brands from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $150.00 to $135.00 in a research note on Thursday, January 11th. Finally, Citigroup dropped their price objective on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating for the company in a research note on Tuesday. Ten analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $144.75.

Insider Buying and Selling

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares in the company, valued at $2,419,025.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the sale, the chief executive officer now directly owns 172,128 shares in the company, valued at $23,817,351.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the transaction, the vice president now owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The disclosure for this sale can be found here. Insiders sold 24,064 shares of company stock valued at $3,228,698 over the last quarter. Insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

NYSE YUM traded up $0.21 during mid-day trading on Friday, reaching $141.77. 2,008,112 shares of the stock were exchanged, compared to its average volume of 1,808,650. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.24. The stock has a 50 day simple moving average of $137.98 and a 200-day simple moving average of $130.85. The stock has a market cap of $39.91 billion, a P/E ratio of 25.36, a P/E/G ratio of 2.23 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last announced its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the prior year, the business earned $1.31 EPS. Yum! Brands’s quarterly revenue was up .8% on a year-over-year basis. Sell-side analysts anticipate that Yum! Brands, Inc. will post 5.73 EPS for the current fiscal year.

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.