1,562 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Pointe Capital Management LLC

Pointe Capital Management LLC bought a new position in Yum! Brands, Inc. (NYSE:YUM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,562 shares of the restaurant operator’s stock, valued at approximately $204,000.

Other hedge funds also recently added to or reduced their stakes in the company. Naples Money Management LLC acquired a new position in shares of Yum! Brands during the fourth quarter worth approximately $26,000. Bfsg LLC acquired a new position in shares of Yum! Brands during the fourth quarter valued at $26,000. Fortitude Family Office LLC bought a new stake in shares of Yum! Brands during the fourth quarter valued at about $27,000. Bruce G. Allen Investments LLC acquired a new stake in Yum! Brands in the fourth quarter worth about $34,000. Finally, Legacy Financial Group LLC bought a new position in Yum! Brands in the 3rd quarter valued at about $40,000. 82.37% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the sale, the chief executive officer now owns 175,377 shares of the company’s stock, valued at approximately $23,910,900.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO David W. Gibbs sold 7,067 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the transaction, the chief executive officer now owns 175,377 shares in the company, valued at $23,910,900.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total transaction of $979,382.86. Following the transaction, the chief executive officer now directly owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,064 shares of company stock worth $3,228,698. 0.31% of the stock is currently owned by company insiders.

Yum! Brands Stock Performance

Shares of NYSE:YUM traded down $0.73 during mid-day trading on Friday, hitting $134.34. The stock had a trading volume of 2,452,523 shares, compared to its average volume of 2,162,501. Yum! Brands, Inc. has a 12-month low of $115.53 and a 12-month high of $143.20. The company has a market cap of $37.82 billion, a PE ratio of 23.82, a P/E/G ratio of 2.13 and a beta of 1.07. The company’s 50 day moving average is $138.17 and its 200-day moving average is $131.53.

Yum! Brands (NYSE:YUM) last released its earnings results 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 net margin of 22.92% and a negative return on equity of 18.64%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the previous year, the company earned $1.06 EPS. Yum! Brands’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.72 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price objective for the company in a report on Friday, January 5th. Barclays increased their price target on Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup dropped their price objective on Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Guggenheim raised their target price on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Finally, Royal Bank of Canada dropped their price target on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a research report on Friday, February 9th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and a consensus target price of $144.31.

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.