Bartlett & Co. LLC increased its holdings in shares of Yum! Brands, Inc. (NYSE:YUM) by 37.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,840 shares of the restaurant operator’s stock after acquiring an additional 501 shares during the quarter. Bartlett & Co. LLC’s holdings in Yum! Brands were worth $209,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arizona State Retirement System boosted its position in Yum! Brands by 3.4% during the second quarter. Arizona State Retirement System now owns 94,152 shares of the restaurant operator’s stock worth $10,420,000 after acquiring an additional 3,093 shares during the last quarter. Calton & Associates Inc. acquired a new position in Yum! Brands during the second quarter worth about $212,000. Skandinaviska Enskilda Banken AB publ boosted its position in Yum! Brands by 6.6% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 64,839 shares of the restaurant operator’s stock worth $7,176,000 after acquiring an additional 3,997 shares during the last quarter. Ellington Management Group LLC boosted its position in Yum! Brands by 27.5% during the second quarter. Ellington Management Group LLC now owns 8,800 shares of the restaurant operator’s stock worth $974,000 after acquiring an additional 1,900 shares during the last quarter. Finally, HBK Sorce Advisory LLC boosted its position in Yum! Brands by 58.2% during the second quarter. HBK Sorce Advisory LLC now owns 3,352 shares of the restaurant operator’s stock worth $278,000 after acquiring an additional 1,233 shares during the last quarter. Hedge funds and other institutional investors own 75.59% of the company’s stock.

Yum! Brands stock opened at $98.90 on Friday. The company’s 50 day simple moving average is $109.84 and its 200-day simple moving average is $109.95. The company has a market capitalization of $29.80 billion, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 2.14 and a beta of 0.48. Yum! Brands, Inc. has a 1 year low of $86.10 and a 1 year high of $119.72.

Yum! Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, October 30th. The restaurant operator reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.14). The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Yum! Brands had a net margin of 20.88% and a negative return on equity of 11.69%. Yum! Brands’s revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm posted $1.04 earnings per share. As a group, equities research analysts forecast that Yum! Brands, Inc. will post 3.73 earnings per share for the current year.

A number of equities analysts recently weighed in on YUM shares. ValuEngine lowered shares of Yum! Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Goldman Sachs Group assumed coverage on shares of Yum! Brands in a research note on Monday, July 29th. They set a “neutral” rating and a $115.00 target price on the stock. Evercore ISI reaffirmed a “buy” rating and set a $130.00 target price on shares of Yum! Brands in a research note on Tuesday, August 13th. BTIG Research lifted their target price on shares of Yum! Brands to $130.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley reduced their target price on shares of Yum! Brands from $112.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $112.88.

In other news, General Counsel Scott Catlett sold 1,015 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $116.63, for a total value of $118,379.45. Following the sale, the general counsel now directly owns 5,376 shares of the company’s stock, valued at approximately $627,002.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Greg Creed sold 11,389 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $116.93, for a total transaction of $1,331,715.77. Following the completion of the sale, the chief executive officer now directly owns 25,004 shares in the company, valued at $2,923,717.72. The disclosure for this sale can be found here. Insiders sold a total of 22,959 shares of company stock worth $2,657,189 over the last three months. Insiders own 0.67% of the company’s stock.

Yum! Brands Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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

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