Yum! Brands, Inc. (NYSE:YUM) Shares Sold by FORA Capital LLC

FORA Capital LLC lessened its stake in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 58.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 15,774 shares of the restaurant operator's stock after selling 22,352 shares during the period. FORA Capital LLC's holdings in Yum! Brands were worth $2,116,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in YUM. Deutsche Bank AG boosted its position in Yum! Brands by 29.7% in the 4th quarter. Deutsche Bank AG now owns 1,195,586 shares of the restaurant operator's stock valued at $160,400,000 after buying an additional 273,547 shares during the period. EP Wealth Advisors LLC boosted its position in Yum! Brands by 3.1% in the 4th quarter. EP Wealth Advisors LLC now owns 14,157 shares of the restaurant operator's stock valued at $1,899,000 after buying an additional 430 shares during the period. Colonial Trust Co SC boosted its position in Yum! Brands by 12.3% in the 4th quarter. Colonial Trust Co SC now owns 3,265 shares of the restaurant operator's stock valued at $438,000 after buying an additional 357 shares during the period. Concentric Capital Strategies LP purchased a new position in Yum! Brands in the 4th quarter valued at approximately $11,326,000. Finally, Camrose Capital Investment Partners LLP purchased a new position in Yum! Brands in the 4th quarter valued at approximately $11,202,000. Institutional investors and hedge funds own 82.37% of the company's stock.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 5,000 shares of Yum! Brands stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $158.66, for a total value of $793,300.00. Following the transaction, the vice president now directly owns 11,960 shares in the company, valued at approximately $1,897,573.60. The trade was a 29.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 30,604 shares of Yum! Brands stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the completion of the transaction, the chief executive officer now owns 160,296 shares in the company, valued at approximately $25,560,800.16. This represents a 16.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 55,271 shares of company stock worth $8,706,576. 0.33% of the stock is owned by company insiders.

Yum! Brands Stock Down 0.5%

YUM traded down $0.79 on Friday, reaching $147.19. The company had a trading volume of 1,068,582 shares, compared to its average volume of 2,003,259. Yum! Brands, Inc. has a 1 year low of $122.13 and a 1 year high of $163.30. The stock has a market capitalization of $40.99 billion, a PE ratio of 28.20, a P/E/G ratio of 2.31 and a beta of 0.77. The stock has a 50-day moving average price of $151.04 and a 200-day moving average price of $141.59.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.01. The firm had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.85 billion. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. Yum! Brands's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.15 earnings per share. As a group, analysts expect that Yum! Brands, Inc. will post 5.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. TD Cowen reissued a "hold" rating and issued a $140.00 price target on shares of Yum! Brands in a research report on Thursday, February 6th. Cowen reaffirmed a "hold" rating on shares of Yum! Brands in a research report on Wednesday, March 5th. Barclays lifted their price objective on shares of Yum! Brands from $163.00 to $167.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Guggenheim lifted their price objective on shares of Yum! Brands from $155.00 to $165.00 and gave the stock a "buy" rating in a research report on Tuesday, April 8th. Finally, Sanford C. Bernstein cut shares of Yum! Brands from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Sixteen 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 stock has a consensus rating of "Hold" and a consensus target price of $156.70.

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.