2,416 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by Everpar Advisors LLC

Everpar Advisors LLC purchased a new position in Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, Holdings Channel.com reports. The fund purchased 2,416 shares of the restaurant operator’s stock, valued at approximately $316,000.

A number of other hedge funds also recently modified their holdings of the stock. Barlow Wealth Partners Inc. bought a new stake in shares of Yum! Brands in the 4th quarter worth approximately $211,000. Charles Schwab Investment Management Inc. raised its holdings in Yum! Brands by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,555,012 shares of the restaurant operator’s stock valued at $203,178,000 after acquiring an additional 33,501 shares during the period. Northern Financial Advisors Inc raised its holdings in Yum! Brands by 17.3% during the 4th quarter. Northern Financial Advisors Inc now owns 3,995 shares of the restaurant operator’s stock valued at $522,000 after acquiring an additional 588 shares during the period. Maryland State Retirement & Pension System raised its holdings in Yum! Brands by 1.9% during the 4th quarter. Maryland State Retirement & Pension System now owns 21,818 shares of the restaurant operator’s stock valued at $2,851,000 after acquiring an additional 408 shares during the period. Finally, Summit Trail Advisors LLC raised its holdings in Yum! Brands by 13.6% during the 4th quarter. Summit Trail Advisors LLC now owns 2,070 shares of the restaurant operator’s stock valued at $270,000 after acquiring an additional 248 shares during the period. Institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Up 0.8 %

NYSE:YUM traded up $1.05 during midday trading on Wednesday, hitting $136.96. The company had a trading volume of 1,860,976 shares, compared to its average volume of 2,007,978. Yum! Brands, Inc. has a 52-week low of $115.53 and a 52-week high of $143.20. The stock’s fifty day moving average price is $138.11 and its 200-day moving average price is $131.92. The company has a market capitalization of $38.55 billion, a PE ratio of 24.28, a P/E/G ratio of 2.18 and a beta of 1.07.

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

Insider Activity

In other news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Paget Leonard Alves sold 6,309 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total transaction of $859,222.71. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 sale, the chief executive officer now directly owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,373 shares of company stock valued at $4,087,920. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

YUM has been the topic of a number of analyst reports. TD Cowen reissued a “buy” rating and set a $160.00 target price on shares of Yum! Brands in a report on Wednesday, May 1st. Wells Fargo & Company cut shares of Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $150.00 to $135.00 in a report on Thursday, January 11th. Guggenheim boosted their target price 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. Barclays upped their price target on shares of Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Thursday, May 2nd. Finally, Argus reaffirmed a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Yum! Brands currently has an average rating of “Hold” and a consensus price target of $143.53.

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.