Yum! Brands, Inc. (NYSE:YUM) Stock Position Raised by Apollon Wealth Management LLC

Apollon Wealth Management LLC lifted its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,226 shares of the restaurant operator’s stock after acquiring an additional 152 shares during the quarter. Apollon Wealth Management LLC’s holdings in Yum! Brands were worth $1,010,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Spirepoint Private Client LLC acquired a new stake in shares of Yum! Brands in the first quarter worth $204,000. Vanguard Group Inc. boosted its position in shares of Yum! Brands by 24.0% in the first quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after buying an additional 5,607,517 shares during the period. TIAA Trust National Association boosted its position in shares of Yum! Brands by 1.7% in the first quarter. TIAA Trust National Association now owns 10,639 shares of the restaurant operator’s stock worth $1,475,000 after buying an additional 180 shares during the period. Bahl & Gaynor Inc. acquired a new stake in shares of Yum! Brands in the first quarter worth $208,000. Finally, Rockport Wealth LLC acquired a new stake in shares of Yum! Brands in the first quarter worth $272,000. 82.37% of the stock is owned by institutional investors.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the transaction, the chief executive officer now directly owns 152,634 shares in the company, valued at approximately $20,518,588.62. The trade was a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now owns 1,233 shares in the company, valued at $169,414.20. This represents a 51.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,319 shares of company stock worth $2,063,221. Company insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

NYSE YUM opened at $133.59 on Friday. Yum! Brands, Inc. has a fifty-two week low of $123.70 and a fifty-two week high of $143.20. The stock’s 50-day moving average is $134.43 and its two-hundred day moving average is $134.66. The firm has a market cap of $37.28 billion, a P/E ratio of 25.67, a price-to-earnings-growth ratio of 2.27 and a beta of 1.10.

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

Analyst Ratings Changes

YUM has been the subject of several recent analyst reports. Loop Capital decreased their target price on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Bank of America reduced their price objective on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. TD Cowen reissued a “hold” rating and set a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Finally, Redburn Atlantic cut Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $145.94.

Yum! Brands Company 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.