Curi RMB Capital LLC Buys New Position in Yum! Brands, Inc. (NYSE:YUM)

Curi RMB Capital LLC bought a new stake in Yum! Brands, Inc. (NYSE:YUM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,877 shares of the restaurant operator’s stock, valued at approximately $262,000.

Several other institutional investors also recently added to or reduced their stakes in YUM. Crewe Advisors LLC bought a new position in Yum! Brands during the first quarter worth $28,000. DiNuzzo Private Wealth Inc. grew its position in Yum! Brands by 957.1% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 201 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Yum! Brands by 43.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 82 shares during the period. Kimelman & Baird LLC acquired a new position in shares of Yum! Brands during the second quarter valued at about $37,000. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of Yum! Brands by 3,088.9% in the second quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 278 shares during the period. 82.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now owns 1,233 shares in the company, valued at $169,414.20. This trade represents a 51.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the sale, the chief executive officer now directly owns 155,883 shares of the company’s stock, valued at $20,955,351.69. This represents a 4.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,319 shares of company stock valued at $2,063,221. Insiders own 0.31% of the company’s stock.

Yum! Brands Price Performance

YUM stock opened at $133.59 on Friday. The stock has a market capitalization of $37.28 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 2.30 and a beta of 1.10. The business has a fifty day moving average price of $134.42 and a 200 day moving average price of $134.59. Yum! Brands, Inc. has a fifty-two week low of $123.70 and a fifty-two week high of $143.20.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 earnings per share. On average, equities analysts expect that Yum! Brands, Inc. will post 5.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Robert W. Baird boosted their price target on Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Loop Capital cut their target price on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. TD Cowen restated a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research note on Wednesday, November 6th. Finally, Stifel Nicolaus decreased their target price on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. Twelve 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 presently has an average rating of “Hold” and an average price target of $145.94.

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.