Patton Albertson Miller Group LLC Sells 100 Shares of Yum! Brands, Inc. (NYSE:YUM)

Patton Albertson Miller Group LLC decreased its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 5.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,773 shares of the restaurant operator’s stock after selling 100 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in Yum! Brands were worth $232,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in YUM. Sustainable Growth Advisers LP raised its holdings in Yum! Brands by 3.8% in the 3rd quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock valued at $720,485,000 after acquiring an additional 210,238 shares in the last quarter. Northern Trust Corp raised its stake 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 valued at $409,596,000 after purchasing an additional 124,080 shares in the last quarter. Deutsche Bank AG lifted its position in Yum! Brands by 121.8% in the third 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 during the period. Charles Schwab Investment Management Inc. boosted its stake in Yum! Brands by 2.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,555,012 shares of the restaurant operator’s stock worth $203,178,000 after buying an additional 33,501 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings 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 valued at $165,430,000 after buying an additional 69,703 shares during the period. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Trading Up 0.7 %

Shares of YUM traded up $0.99 during mid-day trading on Thursday, hitting $137.95. 1,987,759 shares of the company traded hands, compared to its average volume of 2,008,175. The business has a 50-day moving average of $138.08 and a 200 day moving average of $131.95. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20. The stock has a market capitalization of $38.83 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 2.18 and a beta of 1.07.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05). The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.71 billion. Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.06 EPS. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.65 earnings per share for the current year.

Analysts Set New Price Targets

YUM has been the subject of a number of analyst reports. BMO Capital Markets lifted their target price on shares of Yum! Brands from $133.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Barclays lifted their price objective on Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday, May 2nd. Argus reissued a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. JPMorgan Chase & Co. decreased their price target on Yum! Brands from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Finally, Citigroup lowered their price target on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $143.53.

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 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 directly owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction on Friday, February 9th. The stock was 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 directly owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the transaction, the chief executive officer now owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,373 shares of company stock valued at $4,087,920. 0.31% of the stock is currently owned by insiders.

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.