1,592 Shares in Yum! Brands, Inc. (NYSE:YUM) Bought by Carret Asset Management LLC

Carret Asset Management LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,592 shares of the restaurant operator’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sustainable Growth Advisers LP increased its position in shares of Yum! Brands by 3.8% during the 3rd quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock valued at $720,485,000 after purchasing an additional 210,238 shares during the last quarter. Northern Trust Corp grew its position in shares of Yum! Brands by 3.9% during the 3rd quarter. Northern Trust Corp now owns 3,278,341 shares of the restaurant operator’s stock valued at $409,596,000 after acquiring an additional 124,080 shares during the period. Deutsche Bank AG increased its position in Yum! Brands by 121.8% in the third quarter. Deutsche Bank AG now owns 1,819,809 shares of the restaurant operator’s stock worth $227,367,000 after buying an additional 999,443 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Yum! Brands by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,521,511 shares of the restaurant operator’s stock worth $190,098,000 after buying an additional 12,654 shares during the period. Finally, California Public Employees Retirement System lifted its position in shares of Yum! Brands by 5.8% in the fourth quarter. California Public Employees Retirement System now owns 1,266,114 shares of the restaurant operator’s stock valued at $165,430,000 after acquiring an additional 69,703 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Yum! Brands

In related news, VP David Eric Russell sold 9,919 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the completion of the sale, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the completion of the transaction, the vice president now owns 18,661 shares in the company, valued at approximately $2,419,025.43. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction that occurred 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 $23,910,900.18. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,064 shares of company stock valued at $3,228,698. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

YUM has been the topic of several recent analyst reports. Argus reissued a “hold” rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Guggenheim lifted their price objective on shares of Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. JPMorgan Chase & Co. boosted their target price on shares of Yum! Brands from $133.00 to $134.00 and gave the stock a “neutral” rating in a report on Tuesday, March 19th. Oppenheimer upgraded shares of Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 price target on the stock in a report on Friday, January 5th. Finally, Royal Bank of Canada decreased 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 note on Friday, February 9th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $144.75.

Yum! Brands Stock Performance

YUM traded down $0.62 during trading on Thursday, hitting $141.19. 410,468 shares of the stock were exchanged, compared to its average volume of 1,916,645. Yum! Brands, Inc. has a 1 year low of $115.53 and a 1 year high of $143.24. The firm has a market cap of $39.74 billion, a price-to-earnings ratio of 25.37, a P/E/G ratio of 2.21 and a beta of 1.10. The firm has a 50 day simple moving average of $137.71 and a 200 day simple moving average of $130.61.

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

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.