Jackson Hole Capital Partners LLC Acquires Shares of 5,887 Yum! Brands, Inc. (NYSE:YUM)

Jackson Hole Capital Partners LLC acquired a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,887 shares of the restaurant operator’s stock, valued at approximately $769,000.

A number of other institutional investors have also modified their holdings of the stock. Naples Money Management LLC acquired a new stake in Yum! Brands in the 4th quarter worth about $26,000. Bfsg LLC acquired a new stake in Yum! Brands in the 4th quarter worth about $26,000. Fortitude Family Office LLC acquired a new stake in Yum! Brands in the 4th quarter worth about $27,000. Bruce G. Allen Investments LLC acquired a new stake in Yum! Brands in the 4th quarter worth about $34,000. Finally, Legacy Financial Group LLC acquired a new stake in Yum! Brands in the 3rd quarter worth about $40,000. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $133.00 to $134.00 and gave the stock a “neutral” rating in a report on Tuesday, March 19th. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $150.00 to $135.00 in a report on Thursday, January 11th. Argus restated a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Oppenheimer upgraded Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 target price on the stock in a report on Friday, January 5th. Finally, Guggenheim boosted their target price on Yum! Brands from $145.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, March 7th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Yum! Brands presently has an average rating of “Hold” and an average price target of $144.75.

Yum! Brands Price Performance

Shares of YUM stock traded up $0.21 during trading on Friday, hitting $141.77. 1,972,316 shares of the stock traded hands, compared to its average volume of 1,934,513. The firm has a market capitalization of $39.91 billion, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 2.23 and a beta of 1.10. The firm’s fifty day moving average price is $137.83 and its 200-day moving average price is $130.69. Yum! Brands, Inc. has a 52-week low of $115.53 and a 52-week high of $143.24.

Yum! Brands (NYSE:YUM) last announced its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Yum! Brands had a net margin of 22.57% and a negative return on equity of 17.76%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.31 EPS. As a group, equities research analysts expect that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the sale, the vice president now owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the transaction, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $138.37, for a total transaction of $979,382.86. Following the completion of the transaction, the chief executive officer now owns 172,128 shares of the company’s stock, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Insiders have sold a total of 24,064 shares of company stock valued at $3,228,698 over the last quarter. 0.31% of the stock is owned by company insiders.

Yum! Brands 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.