Blue Fin Capital Inc. cut its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 10.1% during the first quarter, Holdings Channel reports. The fund owned 4,734 shares of the restaurant operator’s stock after selling 533 shares during the quarter. Blue Fin Capital Inc.’s holdings in Yum! Brands were worth $472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in Yum! Brands by 5.1% in the third quarter. Bank of New York Mellon Corp now owns 5,459,185 shares of the restaurant operator’s stock valued at $496,295,000 after acquiring an additional 264,177 shares during the period. Advisors Asset Management Inc. lifted its holdings in Yum! Brands by 14.6% in the third quarter. Advisors Asset Management Inc. now owns 15,173 shares of the restaurant operator’s stock valued at $1,379,000 after acquiring an additional 1,933 shares during the period. AQR Capital Management LLC lifted its holdings in Yum! Brands by 20.6% in the third quarter. AQR Capital Management LLC now owns 255,818 shares of the restaurant operator’s stock valued at $23,256,000 after acquiring an additional 43,748 shares during the period. Koshinski Asset Management Inc. acquired a new position in shares of Yum! Brands during the 3rd quarter worth $462,000. Finally, Kentucky Retirement Systems acquired a new position in shares of Yum! Brands during the 3rd quarter worth $2,780,000. Institutional investors and hedge funds own 75.01% of the company’s stock.

NYSE:YUM traded down $0.11 during mid-day trading on Tuesday, hitting $103.07. 20,939 shares of the company’s stock traded hands, compared to its average volume of 1,760,440. Yum! Brands, Inc. has a 12 month low of $77.09 and a 12 month high of $103.43. The company has a market cap of $31.53 billion, a price-to-earnings ratio of 32.52, a PEG ratio of 2.13 and a beta of 0.55.

Yum! Brands (NYSE:YUM) last announced its earnings results on Thursday, February 7th. The restaurant operator reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.57). Yum! Brands had a net margin of 27.11% and a negative return on equity of 14.19%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the company earned $0.96 EPS. Yum! Brands’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, research analysts predict that Yum! Brands, Inc. will post 3.81 EPS for the current fiscal year.

Several research analysts have recently issued reports on YUM shares. Goldman Sachs Group downgraded Yum! Brands from a “neutral” rating to a “sell” rating and cut their price target for the stock from $83.00 to $76.00 in a research note on Friday, January 11th. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating in a research report on Monday, January 14th. JPMorgan Chase & Co. cut Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 price objective for the company. in a research report on Tuesday, March 19th. BMO Capital Markets lifted their price objective on Yum! Brands to $100.00 and gave the stock a “market perform” rating in a research report on Friday, February 8th. Finally, Mizuho cut Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target for the company. in a report on Wednesday, March 20th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. Yum! Brands presently has an average rating of “Hold” and an average price target of $95.21.

In other Yum! Brands news, CFO David W. Gibbs sold 19,436 shares of the firm’s stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $94.06, for a total value of $1,828,150.16. Following the completion of the sale, the chief financial officer now owns 61,554 shares in the company, valued at approximately $5,789,769.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Greg Creed sold 13,986 shares of the firm’s stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $94.41, for a total value of $1,320,418.26. Following the completion of the sale, the chief executive officer now owns 207,912 shares of the company’s stock, valued at approximately $19,628,971.92. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 98,922 shares of company stock valued at $9,384,824. 0.67% of the stock is owned by corporate insiders.

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Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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