Addison Advisors LLC Buys 84 Shares of Yum! Brands, Inc. (NYSE:YUM)

Addison Advisors LLC raised its stake in Yum! Brands, Inc. (NYSE:YUM) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,701 shares of the restaurant operator’s stock after acquiring an additional 84 shares during the period. Addison Advisors LLC’s holdings in Yum! Brands were worth $222,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nordea Investment Management AB lifted its position in Yum! Brands by 59.5% in the fourth quarter. Nordea Investment Management AB now owns 531,103 shares of the restaurant operator’s stock valued at $69,596,000 after purchasing an additional 198,069 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Yum! Brands by 16.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,905 shares of the restaurant operator’s stock valued at $14,752,000 after purchasing an additional 16,124 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in Yum! Brands by 4.2% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,689 shares of the restaurant operator’s stock valued at $711,000 after purchasing an additional 229 shares during the last quarter. Sapient Capital LLC bought a new stake in Yum! Brands in the fourth quarter valued at approximately $381,000. Finally, Illinois Municipal Retirement Fund lifted its position in Yum! Brands by 140.9% in the fourth quarter. Illinois Municipal Retirement Fund now owns 66,364 shares of the restaurant operator’s stock valued at $8,671,000 after purchasing an additional 38,818 shares during the last quarter. Institutional investors own 82.37% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays reduced their target price on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a research note on Thursday, February 8th. Stifel Nicolaus reissued a “hold” rating and set a $135.00 target price on shares of Yum! Brands in a research note on Thursday, January 4th. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $150.00 to $135.00 in a research note on Thursday, January 11th. 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. Finally, Citigroup reduced their target price on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research note on Tuesday. Ten equities research 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.com, Yum! Brands has an average rating of “Hold” and a consensus target price of $144.75.

Yum! Brands Price Performance

YUM stock traded up $0.21 during midday trading on Friday, hitting $141.77. The stock had a trading volume of 2,008,112 shares, compared to its average volume of 1,808,650. The firm has a market cap of $39.91 billion, a price-to-earnings ratio of 25.36, a price-to-earnings-growth ratio of 2.23 and a beta of 1.10. The business has a 50-day moving average of $137.98 and a two-hundred day moving average of $130.85. Yum! Brands, Inc. has a 52-week low of $115.53 and a 52-week high of $143.24.

Yum! Brands (NYSE:YUM) last released its earnings results 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 company had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the prior year, the company posted $1.31 earnings per share. The company’s revenue was up .8% on a year-over-year basis. Research analysts predict that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 172,128 shares of the company’s stock, valued at $23,817,351.36. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO David W. Gibbs sold 7,067 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total transaction of $963,514.78. Following the transaction, the chief executive officer now directly owns 175,377 shares of the company’s stock, valued at $23,910,900.18. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now directly owns 172,128 shares in the company, valued at $23,817,351.36. The disclosure for this sale can be found here. Over the last three months, 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

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.