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

Bfsg LLC acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) in the fourth quarter, Holdings Channel reports. The fund acquired 200 shares of the restaurant operator’s stock, valued at approximately $26,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its position in Yum! Brands by 14.1% during the 4th quarter. Global Retirement Partners LLC now owns 631 shares of the restaurant operator’s stock worth $82,000 after acquiring an additional 78 shares during the period. Calamos Wealth Management LLC increased its stake in Yum! Brands by 5.0% during the 4th 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 increased its stake in shares of 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 acquiring an additional 81 shares during the period. Claro Advisors LLC raised its stake in shares of Yum! Brands by 0.9% in the 4th quarter. Claro Advisors LLC now owns 8,847 shares of the restaurant operator’s stock worth $1,156,000 after buying an additional 83 shares in the last quarter. Finally, Cozad Asset Management Inc. raised its position in Yum! Brands by 3.8% in the third quarter. Cozad Asset Management Inc. now owns 2,439 shares of the restaurant operator’s stock worth $305,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Insider Activity

In related news, VP David Eric Russell sold 9,919 shares of the business’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 completion of the sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, VP David Eric Russell sold 9,919 shares of the business’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 completion of the sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Insiders sold a total of 24,064 shares of company stock worth $3,228,698 in the last three months. 0.31% of the stock is owned by insiders.

Analyst Ratings Changes

YUM has been the subject of several research reports. Citigroup reduced 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 report on Tuesday. Barclays decreased their price target on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a research report on Thursday, February 8th. Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $150.00 to $135.00 in a report on Thursday, January 11th. Finally, Royal Bank of Canada reduced their target price on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a report on Friday, February 9th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $144.75.

Yum! Brands Trading Up 0.1 %

Shares of NYSE YUM opened at $141.77 on Friday. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.24. The firm has a market capitalization of $39.91 billion, a PE ratio of 25.36, a PEG ratio of 2.23 and a beta of 1.10. The business has a 50-day moving average price of $137.98 and a two-hundred day moving average price of $130.85.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $1.26 EPS 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 business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the business posted $1.31 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. Research analysts anticipate that Yum! Brands, Inc. will post 5.73 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.