Yum! Brands, Inc. (YUM) Position Boosted by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. boosted its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 8.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 10,837 shares of the restaurant operator’s stock after buying an additional 844 shares during the period. ST Germain D J Co. Inc.’s holdings in Yum! Brands were worth $799,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Howland Capital Management LLC boosted its stake in shares of Yum! Brands by 11.7% in the first quarter. Howland Capital Management LLC now owns 157,474 shares of the restaurant operator’s stock worth $10,063,000 after buying an additional 16,432 shares during the last quarter. South State Corp boosted its stake in shares of Yum! Brands by 13.9% in the first quarter. South State Corp now owns 56,768 shares of the restaurant operator’s stock worth $3,627,000 after buying an additional 6,931 shares during the last quarter. Windsor Capital Management LLC boosted its stake in shares of Yum! Brands by 7.6% in the first quarter. Windsor Capital Management LLC now owns 9,855 shares of the restaurant operator’s stock worth $629,000 after buying an additional 693 shares during the last quarter. Parametrica Management Ltd purchased a new stake in shares of Yum! Brands during the first quarter worth about $311,000. Finally, Morgan Stanley boosted its stake in shares of Yum! Brands by 82.4% in the first quarter. Morgan Stanley now owns 4,757,237 shares of the restaurant operator’s stock worth $303,987,000 after buying an additional 2,148,751 shares during the last quarter. 73.98% of the stock is currently owned by institutional investors.

Yum! Brands, Inc. (YUM) traded down 0.17% during trading on Friday, hitting $75.41. 2,053,563 shares of the stock traded hands. The stock has a market cap of $26.00 billion, a PE ratio of 20.02 and a beta of 0.82. The company has a 50-day moving average price of $74.66 and a 200-day moving average price of $69.52. Yum! Brands, Inc. has a 12 month low of $59.57 and a 12 month high of $77.13.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.07. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the company earned $0.75 EPS. The firm’s revenue was down 4.0% on a year-over-year basis. Equities research analysts expect that Yum! Brands, Inc. will post $2.82 EPS for the current year.

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A number of equities research analysts have recently issued reports on YUM shares. Zacks Investment Research raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, August 1st. BidaskClub raised shares of Yum! Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 24th. Cowen and Company upped their target price on shares of Yum! Brands from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, May 4th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $78.00 price target (up from $75.00) on shares of Yum! Brands in a report on Tuesday, May 30th. Finally, Deutsche Bank AG restated a “hold” rating and set a $75.00 target price (up previously from $71.00) on shares of Yum! Brands in a research report on Monday, July 10th. Fifteen investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Yum! Brands presently has a consensus rating of “Buy” and an average target price of $78.64.

In related news, CFO David W. Gibbs sold 8,336 shares of the company’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total transaction of $616,864.00. Following the completion of the sale, the chief financial officer now directly owns 39,664 shares in the company, valued at approximately $2,935,136. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian R. Niccol sold 1,471 shares of the company’s stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $72.64, for a total transaction of $106,853.44. Following the sale, the chief executive officer now owns 6,712 shares of the company’s stock, valued at $487,559.68. The disclosure for this sale can be found here. Insiders sold a total of 11,294 shares of company stock valued at $833,488 in the last ninety days. 7.38% of the stock is owned by corporate insiders.

Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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