Yum! Brands, Inc. (NYSE:YUM) Shares Purchased by Gallacher Capital Management LLC

Gallacher Capital Management LLC raised its holdings in Yum! Brands, Inc. (NYSE:YUM) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 45,038 shares of the restaurant operator’s stock after buying an additional 313 shares during the period. Yum! Brands comprises about 3.3% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Gallacher Capital Management LLC’s holdings in Yum! Brands were worth $5,885,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Naples Money Management LLC purchased a new position in Yum! Brands during the 4th quarter worth $26,000. Bfsg LLC acquired a new stake in Yum! Brands in the fourth quarter valued at about $26,000. Fortitude Family Office LLC acquired a new stake in Yum! Brands in the fourth quarter valued at about $27,000. Bruce G. Allen Investments LLC purchased a new stake in Yum! Brands in the 4th quarter valued at approximately $34,000. Finally, DB Wealth Management Group LLC acquired a new position in Yum! Brands during the 3rd quarter worth approximately $43,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

Yum! Brands Trading Down 0.5 %

Shares of NYSE YUM traded down $0.73 on Friday, reaching $134.34. 2,452,523 shares of the company traded hands, compared to its average volume of 2,162,501. The stock has a market capitalization of $37.82 billion, a PE ratio of 23.82, a P/E/G ratio of 2.12 and a beta of 1.07. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.20. The company has a 50 day moving average of $138.17 and a 200 day moving average of $131.69.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.05). The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.71 billion. Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the company posted $1.06 EPS. As a group, research analysts expect that Yum! Brands, Inc. will post 5.67 earnings per share for the current year.

Insider Buying and Selling

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction dated 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 owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction that occurred on Friday, March 15th. The shares were 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 this link. Also, VP David Eric Russell sold 9,919 shares of the 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 approximately $2,419,025.43. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,064 shares of company stock valued at $3,228,698. 0.31% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on YUM. Royal Bank of Canada reduced their price target 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. Barclays raised their target price on Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a report on Thursday. Guggenheim increased their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. BMO Capital Markets boosted their price objective on shares of Yum! Brands from $133.00 to $135.00 and gave the stock a “market perform” rating in a report on Thursday. Finally, Citigroup decreased their price target on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research note 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $143.53.

Yum! Brands Company 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.