Hills Bank & Trust Co Sells 162 Shares of Yum! Brands, Inc. (NYSE:YUM)

Hills Bank & Trust Co decreased its position in Yum! Brands, Inc. (NYSE:YUM) by 5.3% during the 4th quarter, Holdings Channel reports. The firm owned 2,909 shares of the restaurant operator’s stock after selling 162 shares during the period. Hills Bank & Trust Co’s holdings in Yum! Brands were worth $380,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in YUM. Sustainable Growth Advisers LP grew its holdings in Yum! Brands by 3.8% in the 3rd quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock worth $720,485,000 after acquiring an additional 210,238 shares during the last quarter. Northern Trust Corp grew its stake in shares of Yum! Brands by 3.9% in the third quarter. Northern Trust Corp now owns 3,278,341 shares of the restaurant operator’s stock worth $409,596,000 after purchasing an additional 124,080 shares during the last quarter. Deutsche Bank AG increased its holdings in Yum! Brands by 121.8% during the 3rd quarter. Deutsche Bank AG now owns 1,819,809 shares of the restaurant operator’s stock valued at $227,367,000 after purchasing an additional 999,443 shares during the period. Charles Schwab Investment Management Inc. raised its position in Yum! Brands by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,555,012 shares of the restaurant operator’s stock valued at $203,178,000 after purchasing an additional 33,501 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Yum! Brands by 5.8% in the 4th quarter. California Public Employees Retirement System now owns 1,266,114 shares of the restaurant operator’s stock worth $165,430,000 after buying an additional 69,703 shares during the period. 82.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Argus reissued a “hold” rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Royal Bank of Canada decreased 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 report on Friday, February 9th. Guggenheim lifted their target price 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. JPMorgan Chase & Co. reduced their price target on shares of Yum! Brands from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Friday, May 3rd. 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 issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $143.53.

Insiders Place Their Bets

In other news, Director Paget Leonard Alves sold 6,309 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $136.19, for a total transaction of $859,222.71. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Paget Leonard Alves sold 6,309 shares of the company’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total value of $859,222.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the transaction, the chief executive officer now directly owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,373 shares of company stock valued at $4,087,920. Corporate insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

YUM stock traded up $0.99 during trading on Thursday, hitting $137.95. 1,987,759 shares of the stock traded hands, compared to its average volume of 2,008,175. The stock has a market cap of $38.83 billion, a price-to-earnings ratio of 24.46, a price-to-earnings-growth ratio of 2.18 and a beta of 1.07. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.20. The firm’s 50 day moving average is $138.08 and its two-hundred day moving average is $131.95.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results 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 firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 EPS. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.65 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.