29,214 Shares in Yum! Brands, Inc. (NYSE:YUM) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Yum! Brands, Inc. (NYSE:YUM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 29,214 shares of the restaurant operator’s stock, valued at approximately $4,081,000.

Several other large investors have also made changes to their positions in the company. Crewe Advisors LLC acquired a new position in Yum! Brands during the 1st quarter valued at about $28,000. DiNuzzo Private Wealth Inc. lifted its holdings in Yum! Brands by 957.1% in the third quarter. DiNuzzo Private Wealth Inc. now owns 222 shares of the restaurant operator’s stock valued at $31,000 after buying an additional 201 shares during the period. Meeder Asset Management Inc. boosted its stake in Yum! Brands by 43.6% in the second quarter. Meeder Asset Management Inc. now owns 270 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 82 shares during the last quarter. Kimelman & Baird LLC bought a new stake in shares of Yum! Brands during the 2nd quarter valued at $37,000. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of Yum! Brands by 3,088.9% in 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 and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

YUM has been the subject of a number of recent analyst reports. Loop Capital dropped their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Robert W. Baird increased their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Bank of America decreased their price objective on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, TD Cowen restated a “hold” rating and issued a $145.00 price objective on shares of Yum! Brands in a research report on Wednesday, November 6th. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and a consensus price target of $145.94.

Yum! Brands Price Performance

Yum! Brands stock opened at $132.88 on Thursday. The company has a market cap of $37.08 billion, a price-to-earnings ratio of 24.84, a P/E/G ratio of 2.26 and a beta of 1.10. The firm has a 50-day moving average of $134.40 and a 200-day moving average of $134.50. Yum! Brands, Inc. has a one year low of $123.70 and a one year high of $143.20.

Yum! Brands (NYSE:YUM) last posted its quarterly 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). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, sell-side analysts expect that Yum! Brands, Inc. will post 5.48 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the transaction, the chief executive officer now directly owns 152,634 shares in the company, valued at $20,518,588.62. The trade was a 4.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 21,069 shares of company stock valued at $2,842,965. 0.31% of the stock is currently owned by corporate insiders.

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.