Everpar Advisors LLC Acquires New Shares in Yum! Brands, Inc. (NYSE:YUM)

Everpar Advisors LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,416 shares of the restaurant operator’s stock, valued at approximately $316,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Naples Money Management LLC acquired a new position in Yum! Brands in the fourth quarter valued at about $26,000. Bfsg LLC acquired a new position in Yum! Brands in the fourth quarter valued at about $26,000. Fortitude Family Office LLC acquired a new position in Yum! Brands in the fourth quarter valued at about $27,000. Bruce G. Allen Investments LLC acquired a new position in Yum! Brands in the fourth quarter valued at about $34,000. Finally, DB Wealth Management Group LLC acquired a new position in Yum! Brands in the third quarter valued at about $43,000. 82.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on YUM. Guggenheim upped their price objective on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Citigroup reduced their price objective on Yum! Brands from $166.00 to $162.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Barclays upped their price objective on Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. Royal Bank of Canada reduced their price objective on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research report on Friday, February 9th. Finally, TD Cowen reaffirmed a “buy” rating and set a $160.00 price objective on shares of Yum! Brands in a research report on Wednesday, May 1st. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $143.53.

Insider Transactions at Yum! Brands

In other news, VP David Eric Russell sold 9,919 shares of the stock in a transaction that occurred on 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 transaction, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, VP David Eric Russell sold 9,919 shares of the stock in a transaction that occurred on 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 transaction, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the transaction, the chief executive officer now owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,373 shares of company stock worth $4,087,920. Company insiders own 0.31% of the company’s stock.

Yum! Brands Trading Up 0.8 %

NYSE:YUM traded up $1.05 on Wednesday, hitting $136.96. The company’s stock had a trading volume of 1,860,976 shares, compared to its average volume of 2,007,978. The stock has a fifty day moving average of $138.11 and a two-hundred day moving average of $131.92. The firm has a market capitalization of $38.55 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 2.18 and a beta of 1.07. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.05). The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.71 billion. Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. Yum! Brands’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 EPS. As a group, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.65 EPS for the current 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.