Smithfield Trust Co Has $491,000 Stock Holdings in Yum! Brands, Inc. (NYSE:YUM)

Smithfield Trust Co lowered its stake in Yum! Brands, Inc. (NYSE:YUMFree Report) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,729 shares of the restaurant operator’s stock after selling 207 shares during the quarter. Smithfield Trust Co’s holdings in Yum! Brands were worth $491,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. TD Cowen reiterated a “buy” rating and issued a $160.00 price objective on shares of Yum! Brands in a research note on Wednesday, May 1st. JPMorgan Chase & Co. reduced their target price on Yum! Brands from $134.00 to $132.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Argus reaffirmed a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Barclays raised 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. Finally, Citigroup decreased their price objective on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $143.53.

Get Our Latest Stock Analysis on YUM

Insider Transactions at Yum! Brands

In other news, Director Paget Leonard Alves sold 6,309 shares of Yum! Brands 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Paget Leonard Alves sold 6,309 shares of the 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were 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 of the company’s stock, valued at $23,817,351.36. The disclosure for this sale can be found here. Insiders sold a total of 20,454 shares of company stock valued at $2,802,120 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

Shares of NYSE:YUM traded down $0.33 during mid-day trading on Friday, reaching $137.62. 2,037,236 shares of the company traded hands, compared to its average volume of 2,008,812. The company’s 50 day moving average price is $138.07 and its 200-day moving average price is $131.99. The firm has a market cap of $38.74 billion, a PE ratio of 24.67, a PEG 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:YUMGet Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the company earned $1.06 earnings per share. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, research analysts predict that Yum! Brands, Inc. will post 5.65 earnings per share for the current fiscal year.

Yum! Brands Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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