PFG Investments LLC Makes New $1.14 Million Investment in Yum! Brands, Inc. (NYSE:YUM)

PFG Investments LLC bought a new position in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 8,196 shares of the restaurant operator's stock, valued at approximately $1,136,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Global Retirement Partners LLC lifted its holdings in Yum! Brands by 14.1% during 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 increased its position 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 buying an additional 80 shares in the last quarter. Perigon Wealth Management LLC increased its position 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 buying an additional 81 shares in the last quarter. Claro Advisors LLC increased its position 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 buying an additional 83 shares in the last quarter. Finally, Addison Advisors LLC increased its holdings in Yum! Brands by 5.2% during the 4th quarter. Addison Advisors LLC now owns 1,701 shares of the restaurant operator's stock worth $222,000 after purchasing an additional 84 shares in the last quarter. 82.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on YUM shares. Citigroup decreased their price objective on Yum! Brands from $166.00 to $162.00 and set a "buy" rating for the company in a report on Tuesday. Guggenheim upped their price target on shares of Yum! Brands from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Thursday, March 7th. JPMorgan Chase & Co. upped their price target 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. Argus reissued a "hold" rating on shares of Yum! Brands in a research note on Wednesday, April 10th. Finally, 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 research report on Friday, February 9th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $144.75.

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 7,067 shares of the business'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 transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO David W. Gibbs sold 7,067 shares of the 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 in the company, valued at approximately $23,910,900.18. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the 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 sale, the chief executive officer now owns 172,128 shares of the company's stock, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,064 shares of company stock valued at $3,228,698. Company insiders own 0.31% of the company's stock.

Yum! Brands Trading Up 0.1 %

YUM traded up $0.21 on Friday, reaching $141.77. The stock had a trading volume of 2,008,112 shares, compared to its average volume of 1,808,650. Yum! Brands, Inc. has a 12-month low of $115.53 and a 12-month high of $143.24. The business's 50-day moving average price is $137.98 and its two-hundred day moving average price is $130.92. The company has a market cap of $39.91 billion, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 2.23 and a beta of 1.10.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (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 company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter last year, the business earned $1.31 EPS. The firm's revenue for the quarter was up .8% compared to the same quarter last year. As a group, analysts predict that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

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.

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