1,774 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Andina Capital Management LLC

Andina Capital Management LLC bought a new position in Yum! Brands, Inc. (NYSE:YUMFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,774 shares of the restaurant operator’s stock, valued at approximately $232,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YUM. Sustainable Growth Advisers LP lifted its holdings in Yum! Brands by 3.8% during the 3rd quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock worth $720,485,000 after buying an additional 210,238 shares in the last quarter. Northern Trust Corp increased its holdings 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 acquiring an additional 124,080 shares in the last quarter. Deutsche Bank AG increased its stake 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 worth $227,367,000 after purchasing an additional 999,443 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Yum! Brands by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,521,511 shares of the restaurant operator’s stock worth $190,098,000 after acquiring an additional 12,654 shares during the period. Finally, California Public Employees Retirement System boosted its stake 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 purchasing an additional 69,703 shares during the period. 82.37% of the stock is owned by institutional investors.

Yum! Brands Stock Performance

Shares of Yum! Brands stock traded down $5.98 during trading hours on Wednesday, reaching $135.27. The company’s stock had a trading volume of 2,208,873 shares, compared to its average volume of 1,967,008. The company has a market capitalization of $38.08 billion, a P/E ratio of 24.25, a P/E/G ratio of 2.25 and a beta of 1.10. The stock’s fifty day simple moving average is $138.30 and its two-hundred day simple moving average is $131.37. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.24.

Yum! Brands (NYSE:YUMGet Free Report) last posted its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the previous year, the company earned $1.31 EPS. The business’s revenue was up .8% compared to the same quarter last year. As a group, research analysts forecast that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on YUM shares. JPMorgan Chase & Co. boosted their target price on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Guggenheim increased their target price on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target on the stock in a research note on Friday, January 5th. Royal Bank of Canada decreased their price objective 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. Finally, Barclays dropped their target price on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, February 8th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Yum! Brands presently has a consensus rating of “Hold” and a consensus target price of $144.75.

Get Our Latest Analysis on YUM

Insiders Place Their Bets

In related 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 transaction, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David Eric Russell sold 9,919 shares of the firm’s stock in a transaction dated 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 completion of the sale, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,064 shares of company stock valued at $3,228,698. Insiders own 0.31% of the company’s stock.

About Yum! Brands

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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