Hills Bank & Trust Co Sells 162 Shares of Yum! Brands, Inc. (NYSE:YUM)

Hills Bank & Trust Co lowered its stake in Yum! Brands, Inc. (NYSE:YUM) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,909 shares of the restaurant operator’s stock after selling 162 shares during the quarter. Hills Bank & Trust Co’s holdings in Yum! Brands were worth $380,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Naples Money Management LLC bought a new stake in Yum! Brands in the 4th quarter valued at $26,000. Bfsg LLC bought a new position in shares of Yum! Brands during the fourth quarter worth about $26,000. Fortitude Family Office LLC bought a new stake in Yum! Brands in the 4th quarter valued at approximately $27,000. Bruce G. Allen Investments LLC acquired a new position in Yum! Brands during the 4th quarter worth approximately $34,000. Finally, DB Wealth Management Group LLC bought a new position in shares of Yum! Brands during the 3rd quarter worth approximately $43,000. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Stock Performance

Shares of NYSE YUM traded up $0.99 during trading hours on Thursday, reaching $137.95. 1,987,759 shares of the stock were exchanged, compared to its average volume of 2,008,175. The stock’s fifty day simple moving average is $138.08 and its 200 day simple moving average is $131.95. The firm has a market capitalization of $38.83 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of 2.18 and a beta of 1.07. Yum! Brands, Inc. has a 52 week low of $115.53 and a 52 week high of $143.20.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data 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 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 firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 EPS. Research analysts predict that Yum! Brands, Inc. will post 5.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related 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 value of $859,222.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related 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 value 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 is accessible through this hyperlink. Also, Director Paget Leonard Alves sold 6,309 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $136.19, for a total transaction 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 in the last quarter. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on YUM shares. TD Cowen restated a “buy” rating and set a $160.00 target price on shares of Yum! Brands in a report on Wednesday, May 1st. JPMorgan Chase & Co. lowered their target price on Yum! Brands from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Friday, May 3rd. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $150.00 to $135.00 in a research report on Thursday, January 11th. Barclays boosted their price target on Yum! Brands from $144.00 to $148.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. Finally, Guggenheim increased their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.