J.W. Cole Advisors Inc. Sells 110 Shares of Yum! Brands, Inc. (NYSE:YUM)

J.W. Cole Advisors Inc. lowered its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,187 shares of the restaurant operator’s stock after selling 110 shares during the period. J.W. Cole Advisors Inc.’s holdings in Yum! Brands were worth $286,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Deutsche Bank AG grew its stake in shares of Yum! Brands by 121.8% during the third quarter. Deutsche Bank AG now owns 1,819,809 shares of the restaurant operator’s stock valued at $227,367,000 after buying an additional 999,443 shares during the last quarter. Barclays PLC increased its stake in Yum! Brands by 79.0% in the 3rd quarter. Barclays PLC now owns 1,208,137 shares of the restaurant operator’s stock worth $150,945,000 after purchasing an additional 533,321 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its position in Yum! Brands by 129.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 769,543 shares of the restaurant operator’s stock valued at $96,147,000 after purchasing an additional 434,284 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new stake in shares of Yum! Brands during the third quarter valued at approximately $36,663,000. Finally, Sustainable Growth Advisers LP grew its holdings in shares of Yum! Brands by 3.8% in the third quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock worth $720,485,000 after purchasing an additional 210,238 shares during the last quarter. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Shares of Yum! Brands stock opened at $141.81 on Thursday. The stock has a market capitalization of $39.92 billion, a PE ratio of 25.37, a price-to-earnings-growth ratio of 2.21 and a beta of 1.10. Yum! Brands, Inc. has a 52-week low of $115.53 and a 52-week high of $143.24. The company has a 50-day simple moving average of $137.71 and a two-hundred day simple moving average of $130.61.

Yum! Brands (NYSE:YUM) last issued its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. Yum! Brands’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the firm posted $1.31 EPS. As a group, equities research analysts forecast that Yum! Brands, Inc. will post 5.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

YUM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a report on Tuesday, March 19th. Royal Bank of Canada dropped their target price 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. TD Cowen restated a “buy” rating and set a $160.00 price target on shares of Yum! Brands in a report on Wednesday, April 10th. Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Yum! Brands presently has an average rating of “Hold” and a consensus target price of $144.75.

Insider Activity at Yum! Brands

In related 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 completion of the sale, the chief executive officer now owns 175,377 shares in the company, valued at $23,910,900.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction 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 legal filing with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now directly owns 175,377 shares in the company, valued at $23,910,900.18. The disclosure for this sale can be found here. Insiders have sold a total of 24,064 shares of company stock worth $3,228,698 over the last quarter. Company insiders own 0.31% of the company’s stock.

Yum! Brands 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.