Yum! Brands, Inc. (NYSE:YUM) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 454,330 shares of the restaurant operator’s stock after acquiring an additional 2,486 shares during the quarter. Natixis Advisors LLC owned about 0.16% of Yum! Brands worth $63,475,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Crewe Advisors LLC acquired a new stake in Yum! Brands during the 1st quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. increased its position in shares of Yum! Brands by 957.1% in the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after acquiring an additional 201 shares in the last quarter. Meeder Asset Management Inc. raised its stake in shares of Yum! Brands by 43.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 82 shares during the period. Kimelman & Baird LLC acquired a new position in shares of Yum! Brands during the 2nd quarter valued at $37,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of Yum! Brands by 3,088.9% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 278 shares in the last quarter. 82.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now directly owns 155,883 shares in the company, valued at approximately $20,955,351.69. The trade was a 4.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. The trade was a 51.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 15,319 shares of company stock valued at $2,063,221. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

YUM stock opened at $133.59 on Friday. Yum! Brands, Inc. has a 1 year low of $123.70 and a 1 year high of $143.20. The stock’s fifty day moving average is $134.42 and its two-hundred day moving average is $134.54. The stock has a market capitalization of $37.28 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 2.25 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last posted its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The firm’s revenue was up 6.9% compared to the same quarter last year. As a group, analysts predict that Yum! Brands, Inc. will post 5.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on YUM shares. Stifel Nicolaus cut their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Robert W. Baird raised their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. TD Cowen reiterated a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a research note on Wednesday, November 6th. Finally, Bank of America lowered their price objective on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $145.94.

About Yum! Brands

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.