Hyman Charles D Grows Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Hyman Charles D grew its stake in Yum! Brands, Inc. (NYSE:YUM) by 154.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,893 shares of the restaurant operator’s stock after purchasing an additional 5,400 shares during the period. Hyman Charles D’s holdings in Yum! Brands were worth $1,162,000 as of its most recent filing with the Securities & Exchange Commission.

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

Yum! Brands Trading Down 0.2 %

YUM stock traded down $0.27 during trading on Tuesday, reaching $135.91. 1,901,284 shares of the stock were exchanged, compared to its average volume of 2,009,479. The business has a 50 day moving average price of $138.11 and a 200-day moving average price of $131.92. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.20. The firm has a market capitalization of $38.26 billion, a price-to-earnings ratio of 24.10, a P/E/G ratio of 2.14 and a beta of 1.07.

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on YUM. BMO Capital Markets upped their price target on Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. Wells Fargo & Company lowered Yum! Brands from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $150.00 to $135.00 in a research report on Thursday, January 11th. Barclays boosted their price target on shares of Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, May 2nd. Citigroup decreased their price objective 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. Finally, JPMorgan Chase & Co. cut their target price on shares of Yum! Brands from $134.00 to $132.00 and set a “neutral” rating for the company in a research note on Friday. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Yum! Brands has a consensus rating of “Hold” and a consensus price target of $143.53.

Insider Activity

In related news, VP David Eric Russell sold 9,919 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the sale, the chief executive officer now directly owns 175,377 shares in the company, valued at $23,910,900.18. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP David Eric Russell sold 9,919 shares of the company’s stock in a transaction dated 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 transaction, the vice president now directly 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 have sold a total of 30,373 shares of company stock valued at $4,087,920 in the last quarter. Insiders own 0.31% of the company’s stock.

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.