Banque Cantonale Vaudoise Lowers Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Banque Cantonale Vaudoise lowered its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 15.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,325 shares of the restaurant operator’s stock after selling 1,307 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Yum! Brands were worth $1,023,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Crewe Advisors LLC purchased a new position in Yum! Brands during the first quarter valued at $28,000. DiNuzzo Private Wealth Inc. raised its position in shares of 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. raised its position in shares of Yum! Brands by 43.6% in 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 last quarter. Kimelman & Baird LLC purchased a new position in shares of Yum! Brands in the 2nd quarter worth about $37,000. Finally, Iron Horse Wealth Management LLC raised its position 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 worth $38,000 after purchasing an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Yum! Brands Stock Up 0.6 %

Yum! Brands stock opened at $132.88 on Thursday. The business has a 50-day simple moving average of $134.40 and a two-hundred day simple moving average of $134.50. The company has a market cap of $37.08 billion, a P/E ratio of 24.84, a P/E/G ratio of 2.26 and a beta of 1.10. Yum! Brands, Inc. has a 52-week low of $123.70 and a 52-week high of $143.20.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.44 earnings per share. Research analysts anticipate that Yum! Brands, Inc. will post 5.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on YUM. JPMorgan Chase & Co. lifted their price target on Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. TD Cowen reaffirmed a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a research report on Wednesday, November 6th. Loop Capital lowered their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Bank of America decreased their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Finally, Robert W. Baird boosted their target price on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $145.94.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 7,005 shares of the 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 transaction, the chief executive officer now directly owns 152,634 shares in the company, valued at approximately $20,518,588.62. This represents a 4.39 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 21,069 shares of company stock valued at $2,842,965 in the last three months. 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.