Barlow Wealth Partners Inc. Invests $211,000 in Yum! Brands, Inc. (NYSE:YUM)

Barlow Wealth Partners Inc. acquired a new position in Yum! Brands, Inc. (NYSE:YUM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,617 shares of the restaurant operator’s stock, valued at approximately $211,000.

Several other institutional investors have also recently made changes to their positions in YUM. Cambridge Investment Research Advisors Inc. grew its position in shares of Yum! Brands by 6.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 31,939 shares of the restaurant operator’s stock worth $3,990,000 after purchasing an additional 1,864 shares in the last quarter. Brown Advisory Inc. grew its position in shares of Yum! Brands by 0.8% during the third quarter. Brown Advisory Inc. now owns 31,277 shares of the restaurant operator’s stock worth $3,908,000 after purchasing an additional 241 shares in the last quarter. Verdence Capital Advisors LLC grew its position in shares of Yum! Brands by 10.3% during the third quarter. Verdence Capital Advisors LLC now owns 2,177 shares of the restaurant operator’s stock worth $272,000 after purchasing an additional 203 shares in the last quarter. Calamos Wealth Management LLC purchased a new stake in shares of Yum! Brands during the third quarter worth about $201,000. Finally, IFM Investors Pty Ltd grew its position in shares of Yum! Brands by 3.6% during the third quarter. IFM Investors Pty Ltd now owns 55,488 shares of the restaurant operator’s stock worth $6,933,000 after purchasing an additional 1,932 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on YUM. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $150.00 to $135.00 in a research report on Thursday, January 11th. BMO Capital Markets lifted their target price on Yum! Brands from $133.00 to $135.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Royal Bank of Canada decreased their target price on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research report on Friday, February 9th. Barclays raised their target price on shares of Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Finally, Citigroup decreased their price objective on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $143.53.

Yum! Brands Price Performance

YUM stock traded down $0.27 during trading on Tuesday, hitting $135.91. 1,901,284 shares of the company traded hands, compared to its average volume of 2,009,479. The stock’s 50-day simple moving average is $138.11 and its 200 day simple moving average is $131.92. The company has a market cap of $38.26 billion, a PE ratio of 24.10, a P/E/G ratio of 2.14 and a beta of 1.07. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.20.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share 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 analysts’ expectations of $1.71 billion. Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.06 earnings per share. Research analysts expect that Yum! Brands, Inc. will post 5.67 earnings per share for the current year.

Insider Activity

In other news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares in the company, valued at $2,419,025.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paget Leonard Alves sold 6,309 shares of Yum! Brands stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total value of $859,222.71. The disclosure for this sale can be found here. Insiders sold 30,373 shares of company stock worth $4,087,920 over the last three months. 0.31% of the stock is currently owned by corporate insiders.

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.