Gallacher Capital Management LLC Has $5.89 Million Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Gallacher Capital Management LLC increased its stake in Yum! Brands, Inc. (NYSE:YUM) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,038 shares of the restaurant operator’s stock after purchasing an additional 313 shares during the quarter. Yum! Brands makes up approximately 3.3% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Gallacher Capital Management LLC’s holdings in Yum! Brands were worth $5,885,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of YUM. Global Retirement Partners LLC grew its stake in Yum! Brands by 14.1% in the fourth quarter. Global Retirement Partners LLC now owns 631 shares of the restaurant operator’s stock worth $82,000 after purchasing an additional 78 shares in the last quarter. Calamos Wealth Management LLC increased its stake in shares of Yum! Brands by 5.0% during the fourth quarter. Calamos Wealth Management LLC now owns 1,692 shares of the restaurant operator’s stock valued at $221,000 after buying an additional 80 shares during the period. Perigon Wealth Management LLC raised its holdings in shares of Yum! Brands by 1.0% in the fourth quarter. Perigon Wealth Management LLC now owns 8,003 shares of the restaurant operator’s stock valued at $1,046,000 after acquiring an additional 81 shares in the last quarter. Claro Advisors LLC lifted its stake in Yum! Brands by 0.9% in the fourth quarter. Claro Advisors LLC now owns 8,847 shares of the restaurant operator’s stock worth $1,156,000 after acquiring an additional 83 shares during the period. Finally, Addison Advisors LLC grew its holdings in Yum! Brands by 5.2% during the 4th quarter. Addison Advisors LLC now owns 1,701 shares of the restaurant operator’s stock worth $222,000 after acquiring an additional 84 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Yum! Brands Price Performance

YUM traded down $0.73 on Friday, reaching $134.34. 2,452,523 shares of the stock were exchanged, compared to its average volume of 2,162,501. The company’s 50-day moving average price is $138.17 and its 200 day moving average price is $131.69. The firm has a market capitalization of $37.82 billion, a PE ratio of 23.82, a PEG ratio of 2.12 and a beta of 1.07. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.05). Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the company posted $1.06 EPS. Yum! Brands’s quarterly revenue was down 2.9% compared to the same quarter last year. As a group, equities analysts forecast that Yum! Brands, Inc. will post 5.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the company’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 sale, the vice president now directly owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the sale, the vice president now owns 18,661 shares in the company, valued at approximately $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of Yum! Brands stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total transaction of $979,382.86. Following the transaction, the chief executive officer now directly owns 172,128 shares of the company’s stock, valued at $23,817,351.36. The disclosure for this sale can be found here. Insiders sold a total of 24,064 shares of company stock valued at $3,228,698 over the last 90 days. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets upped their price target on shares of Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a research report on Thursday. Royal Bank of Canada reduced their target price on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a report on Friday, February 9th. Citigroup lowered their price target on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a report on Tuesday, April 23rd. Guggenheim lifted their price objective on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Finally, Barclays raised their target price on shares of Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $143.53.

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.