Amalgamated Bank Has $9.13 Million Position in Yum! Brands, Inc. (NYSE:YUM)

Amalgamated Bank lessened its holdings in shares of Yum! Brands, Inc. (NYSE:YUM - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,903 shares of the restaurant operator's stock after selling 6,062 shares during the period. Amalgamated Bank's holdings in Yum! Brands were worth $9,134,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Deutsche Bank AG lifted its stake in shares of Yum! Brands by 121.8% during 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 during the period. Barclays PLC grew its stake in Yum! Brands by 79.0% during the 3rd quarter. Barclays PLC now owns 1,208,137 shares of the restaurant operator's stock valued at $150,945,000 after purchasing an additional 533,321 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Yum! Brands by 129.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 769,543 shares of the restaurant operator's stock valued at $96,147,000 after purchasing an additional 434,284 shares during the period. J.P. Morgan Private Wealth Advisors LLC purchased a new position in shares of Yum! Brands in the third quarter worth about $36,663,000. Finally, Sustainable Growth Advisers LP lifted its holdings in shares of Yum! Brands by 3.8% during the third quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator's stock worth $720,485,000 after purchasing an additional 210,238 shares during the period. Institutional investors and hedge funds own 82.37% of the company's stock.

Insider Activity

In related news, CEO David W. Gibbs sold 7,078 shares of the business's stock in a transaction that occurred 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 $23,817,351.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO David W. Gibbs sold 7,067 shares of the company's stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the sale, the chief executive officer now directly owns 175,377 shares in the company, valued at $23,910,900.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the sale, the chief executive officer now directly 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. Insiders have sold a total of 24,064 shares of company stock worth $3,228,698 over the last quarter. 0.31% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on YUM. TD Cowen restated a "buy" rating and set a $160.00 price objective on shares of Yum! Brands in a research note on Wednesday. Barclays upped their price target on shares of Yum! Brands from $144.00 to $148.00 and gave the company an "overweight" rating in a report on Thursday. Citigroup cut their price target on Yum! Brands from $166.00 to $162.00 and set a "buy" rating on the stock in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. decreased their price objective on Yum! Brands from $134.00 to $132.00 and set a "neutral" rating for the company in a report on Friday. Finally, Wells Fargo & Company lowered Yum! Brands from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $150.00 to $135.00 in a report on Thursday, January 11th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $143.53.

Yum! Brands Stock Performance

Yum! Brands stock traded down $0.73 during trading on Friday, reaching $134.34. The company had a trading volume of 2,452,523 shares, compared to its average volume of 2,162,501. The firm's 50-day simple moving average is $138.17 and its 200 day simple moving average is $131.69. The firm has a market capitalization of $37.82 billion, a PE ratio of 23.82, a price-to-earnings-growth ratio of 2.12 and a beta of 1.07. Yum! Brands, Inc. has a 1-year low of $115.53 and a 1-year high of $143.20.

Yum! Brands (NYSE:YUM - Get Free Report) last released its earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 EPS for the quarter, missing analysts' consensus estimates of $1.20 by ($0.05). The company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.71 billion. Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 EPS. Analysts anticipate that Yum! Brands, Inc. will post 5.67 EPS 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.