Claro Advisors LLC Buys 787 Shares of Yum! Brands, Inc. (NYSE:YUM)

Claro Advisors LLC grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,921 shares of the restaurant operator’s stock after purchasing an additional 787 shares during the quarter. Claro Advisors LLC’s holdings in Yum! Brands were worth $1,386,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Crewe Advisors LLC purchased a new stake in Yum! Brands during the 1st quarter valued at $28,000. DiNuzzo Private Wealth Inc. raised its stake in shares of Yum! Brands by 957.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 201 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Yum! Brands by 43.6% during the second 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 bought a new stake in shares of Yum! Brands in the second quarter worth about $37,000. Finally, Iron Horse Wealth Management LLC increased its holdings in Yum! Brands by 3,088.9% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 278 shares during the period. Institutional investors own 82.37% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on YUM shares. Stifel Nicolaus dropped their price objective on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft dropped their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Loop Capital reduced their price objective on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Finally, Robert W. Baird lifted their target price on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $145.94.

Yum! Brands Trading Down 2.3 %

Yum! Brands stock opened at $133.59 on Friday. Yum! Brands, Inc. has a 12 month low of $123.70 and a 12 month high of $143.20. The company has a market capitalization of $37.28 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 2.25 and a beta of 1.10. The business’s fifty day simple moving average is $134.42 and its two-hundred day simple moving average is $134.54.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data 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 firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 earnings per share. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.48 EPS for the current year.

Insider Buying and Selling at Yum! Brands

In other news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. This trade represents a 51.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total transaction of $941,682.15. Following the completion of the sale, the chief executive officer now owns 152,634 shares of the company’s stock, valued at $20,518,588.62. This represents a 4.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,319 shares of company stock worth $2,063,221. Insiders own 0.31% of the company’s stock.

Yum! Brands 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.