Schrum Private Wealth Management LLC Acquires New Shares in Yum! Brands, Inc. (NYSE:YUM)

Schrum Private Wealth Management LLC bought a new position in shares of Yum! Brands, Inc. (NYSE:YUM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,340 shares of the restaurant operator’s stock, valued at approximately $327,000.

Other large investors have also recently made changes to their positions in the company. Deseret Mutual Benefit Administrators lifted its holdings in Yum! Brands by 3.9% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after purchasing an additional 76 shares in the last quarter. Legacy Financial Advisors Inc. lifted its holdings in shares of Yum! Brands by 2.2% in the second quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock worth $458,000 after buying an additional 76 shares in the last quarter. Wesbanco Bank Inc. boosted its position in shares of Yum! Brands by 1.9% in the second quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock valued at $552,000 after acquiring an additional 78 shares during the period. Diversified Trust Co grew its stake in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock valued at $464,000 after acquiring an additional 79 shares in the last quarter. Finally, Marcum Wealth LLC increased its holdings in Yum! Brands by 3.4% during the 2nd quarter. Marcum Wealth LLC now owns 2,477 shares of the restaurant operator’s stock worth $328,000 after acquiring an additional 82 shares during the period. 82.37% of the stock is owned by institutional investors.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,005 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 155,883 shares in the company, valued at $20,955,351.69. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now owns 155,883 shares in the company, valued at approximately $20,955,351.69. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,319 shares of company stock worth $2,063,221. Insiders own 0.31% of the company’s stock.

Yum! Brands Trading Up 0.5 %

Shares of NYSE:YUM opened at $135.28 on Thursday. The stock has a market capitalization of $37.75 billion, a P/E ratio of 25.29, a price-to-earnings-growth ratio of 2.26 and a beta of 1.10. The stock’s 50-day moving average price is $134.37 and its 200-day moving average price is $134.64. Yum! Brands, Inc. has a 12-month low of $123.70 and a 12-month high of $143.20.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the previous year, the business earned $1.44 earnings per share. Yum! Brands’s revenue was up 6.9% compared to the same quarter last year. As a group, research analysts predict that Yum! Brands, Inc. will post 5.49 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Redburn Atlantic lowered shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reduced their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised their price target on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Stifel Nicolaus cut their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Finally, Bank of America lowered their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Yum! Brands has a consensus rating of “Hold” and an average target price 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.