Choreo LLC Acquires 113 Shares of Yum! Brands, Inc. (NYSE:YUM)

Choreo LLC increased its holdings in Yum! Brands, Inc. (NYSE:YUM) by 2.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,230 shares of the restaurant operator’s stock after purchasing an additional 113 shares during the period. Choreo LLC’s holdings in Yum! Brands were worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Global Retirement Partners LLC boosted its holdings in Yum! Brands by 14.1% in the 4th quarter. Global Retirement Partners LLC now owns 631 shares of the restaurant operator’s stock worth $82,000 after buying an additional 78 shares during the period. Calamos Wealth Management LLC boosted its holdings in Yum! Brands by 5.0% in the 4th quarter. Calamos Wealth Management LLC now owns 1,692 shares of the restaurant operator’s stock valued at $221,000 after purchasing an additional 80 shares during the period. Perigon Wealth Management LLC boosted its holdings in Yum! Brands by 1.0% in the 4th quarter. Perigon Wealth Management LLC now owns 8,003 shares of the restaurant operator’s stock valued at $1,046,000 after purchasing an additional 81 shares during the period. Claro Advisors LLC boosted its holdings in Yum! Brands by 0.9% in the 4th quarter. Claro Advisors LLC now owns 8,847 shares of the restaurant operator’s stock valued at $1,156,000 after purchasing an additional 83 shares during the period. Finally, Addison Advisors LLC boosted its holdings in Yum! Brands by 5.2% in the 4th quarter. Addison Advisors LLC now owns 1,701 shares of the restaurant operator’s stock valued at $222,000 after purchasing an additional 84 shares during the period. 82.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the firm’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 sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the firm’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 sale, the vice president now owns 18,661 shares of the company’s stock, valued at approximately $2,419,025.43. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO David W. Gibbs sold 7,078 shares of the firm’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 sale, 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. Insiders have sold a total of 24,064 shares of company stock valued at $3,228,698 in the last quarter. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Down 4.2 %

Shares of NYSE:YUM opened at $135.33 on Thursday. The stock has a market cap of $38.10 billion, a PE ratio of 24.21, a PEG ratio of 2.22 and a beta of 1.07. The company’s fifty day moving average is $138.30 and its 200 day moving average is $131.40. Yum! Brands, Inc. has a 52 week low of $115.53 and a 52 week high of $143.24.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on YUM shares. Royal Bank of Canada cut their price target on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a report on Friday, February 9th. TD Cowen reissued a “buy” rating and issued a $160.00 price target on shares of Yum! Brands in a report on Wednesday. Guggenheim raised their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Oppenheimer raised shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target for the company in a report on Friday, January 5th. Finally, Barclays cut their price target on shares of Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a report on Thursday, February 8th. Ten investment 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, the stock has a consensus rating of “Hold” and a consensus target price of $144.75.

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.