Charles Schwab Investment Management Inc. Has $203.18 Million Position in Yum! Brands, Inc. (NYSE:YUM)

Charles Schwab Investment Management Inc. increased its holdings in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,555,012 shares of the restaurant operator's stock after buying an additional 33,501 shares during the period. Charles Schwab Investment Management Inc. owned about 0.55% of Yum! Brands worth $203,178,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in YUM. Naples Money Management LLC acquired a new stake in Yum! Brands during the 4th quarter worth approximately $26,000. Bfsg LLC acquired a new stake in shares of Yum! Brands during the 4th quarter valued at approximately $26,000. Fortitude Family Office LLC acquired a new stake in shares of Yum! Brands during the 4th quarter valued at approximately $27,000. Bruce G. Allen Investments LLC acquired a new stake in Yum! Brands in the fourth quarter worth $34,000. Finally, DB Wealth Management Group LLC bought a new stake in shares of Yum! Brands during the third quarter valued at about $43,000. Institutional investors and hedge funds own 82.37% of the company's stock.

Insiders Place Their Bets

In other news, Director Paget Leonard Alves sold 6,309 shares of the company's stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total transaction of $859,222.71. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $138.37, for a total value of $979,382.86. Following the transaction, the chief executive officer now owns 172,128 shares of the company's stock, valued at $23,817,351.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paget Leonard Alves sold 6,309 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $136.19, for a total value of $859,222.71. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,454 shares of company stock valued at $2,802,120. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

YUM has been the topic of a number of research analyst reports. BMO Capital Markets lifted their target price on Yum! Brands from $133.00 to $135.00 and gave the stock a "market perform" rating in a report on Thursday, May 2nd. Royal Bank of Canada lowered their target price on 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. JPMorgan Chase & Co. reduced their price target on Yum! Brands from $134.00 to $132.00 and set a "neutral" rating for the company in a report on Friday, May 3rd. Citigroup reduced their target price on Yum! Brands from $166.00 to $162.00 and set a "buy" rating for the company in a report on Tuesday, April 23rd. Finally, Argus restated a "hold" rating on shares of Yum! Brands in a report on Wednesday, April 10th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Yum! Brands has a consensus rating of "Hold" and an average target price of $143.53.

Yum! Brands Stock Down 0.2 %

NYSE:YUM traded down $0.33 during trading hours on Friday, reaching $137.62. The company had a trading volume of 2,066,227 shares, compared to its average volume of 2,008,812. The stock has a 50-day moving average of $138.07 and a two-hundred day moving average of $131.99. Yum! Brands, Inc. has a one year low of $115.53 and a one year high of $143.20. The firm has a market capitalization of $38.74 billion, a PE ratio of 24.67, a PEG ratio of 2.18 and a beta of 1.07.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.05). Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the company earned $1.06 earnings per share. The business's revenue was down 2.9% on a year-over-year basis. As a group, sell-side analysts expect that Yum! Brands, Inc. will post 5.65 earnings per share for the current 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.