Yousif Capital Management LLC Sells 1,078 Shares of Yum! Brands, Inc. (NYSE:YUM)

Yousif Capital Management LLC lessened its holdings in Yum! Brands, Inc. (NYSE:YUM) by 2.7% in the fourth quarter, HoldingsChannel reports. The fund owned 38,368 shares of the restaurant operator’s stock after selling 1,078 shares during the period. Yousif Capital Management LLC’s holdings in Yum! Brands were worth $5,013,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB raised its stake in Yum! Brands by 59.5% in the fourth quarter. Nordea Investment Management AB now owns 531,103 shares of the restaurant operator’s stock valued at $69,596,000 after purchasing an additional 198,069 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Yum! Brands by 16.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,905 shares of the restaurant operator’s stock valued at $14,752,000 after purchasing an additional 16,124 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in Yum! Brands by 4.2% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,689 shares of the restaurant operator’s stock valued at $711,000 after purchasing an additional 229 shares in the last quarter. Sapient Capital LLC acquired a new position in Yum! Brands in the fourth quarter valued at about $381,000. Finally, International Assets Investment Management LLC raised its stake in Yum! Brands by 11,541.6% during the fourth quarter. International Assets Investment Management LLC now owns 141,678 shares of the restaurant operator’s stock worth $18,512,000 after acquiring an additional 140,461 shares in the last quarter. Institutional investors own 82.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on YUM. Stifel Nicolaus reissued a “hold” rating and set a $135.00 target price on shares of Yum! Brands in a research note on Thursday, January 4th. Wells Fargo & Company downgraded Yum! Brands from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $150.00 to $135.00 in a research note on Thursday, January 11th. Royal Bank of Canada lowered their target price on Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating for the company in a research note on Friday, February 9th. JPMorgan Chase & Co. upped their price objective on Yum! Brands from $133.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th. Finally, Argus reiterated a “hold” rating on shares of Yum! Brands in a report on Wednesday, April 10th. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $144.75.

Insider Activity at Yum! Brands

In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $129.63, for a total value of $1,285,799.97. Following the completion of the sale, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Yum! Brands news, VP David Eric Russell sold 9,919 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the transaction, the vice president now directly owns 18,661 shares in the company, valued at approximately $2,419,025.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the stock in a transaction 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 sale, the chief executive officer now directly owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,064 shares of company stock worth $3,228,698. 0.31% of the stock is owned by insiders.

Yum! Brands Stock Down 0.2 %

NYSE YUM opened at $141.56 on Friday. Yum! Brands, Inc. has a twelve month low of $115.53 and a twelve month high of $143.24. The firm has a market capitalization of $39.85 billion, a PE ratio of 25.32, a P/E/G ratio of 2.23 and a beta of 1.10. The stock’s 50 day moving average is $137.83 and its 200 day moving average is $130.69.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.13). Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the firm earned $1.31 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. On average, research analysts anticipate that Yum! Brands, Inc. will post 5.73 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.