Haverford Trust Co Acquires Shares of 1,471 Yum! Brands, Inc. (NYSE:YUM)

Haverford Trust Co bought a new position in Yum! Brands, Inc. (NYSE:YUM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,471 shares of the restaurant operator’s stock, valued at approximately $206,000.

Several other institutional investors also recently bought and sold shares of the stock. Deseret Mutual Benefit Administrators grew its position in shares of Yum! Brands by 3.9% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock valued at $271,000 after purchasing an additional 76 shares in the last quarter. Legacy Financial Advisors Inc. increased its stake in Yum! Brands by 2.2% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock worth $458,000 after acquiring an additional 76 shares during the last quarter. Wesbanco Bank Inc. raised its holdings in shares of Yum! Brands by 1.9% during the 2nd quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock worth $552,000 after acquiring an additional 78 shares in the last quarter. Diversified Trust Co boosted its position in shares of Yum! Brands by 2.4% during the 3rd quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock valued at $464,000 after acquiring an additional 79 shares during the last quarter. Finally, Marcum Wealth LLC grew its holdings in shares of Yum! Brands by 3.4% in the second quarter. Marcum Wealth LLC now owns 2,477 shares of the restaurant operator’s stock valued at $328,000 after purchasing an additional 82 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the transaction, the chief executive officer now owns 152,634 shares in the company, valued at $20,518,588.62. The trade was a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the 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 directly owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. The trade was a 51.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,319 shares of company stock valued at $2,063,221. Company insiders own 0.31% of the company’s stock.

Yum! Brands Stock Up 1.1 %

Shares of NYSE:YUM opened at $136.74 on Friday. The business’s 50 day moving average is $134.38 and its 200 day moving average is $134.64. The stock has a market cap of $38.16 billion, a P/E ratio of 25.56, a price-to-earnings-growth ratio of 2.27 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 announced its quarterly earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. On average, sell-side analysts anticipate that Yum! Brands, Inc. will post 5.49 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Stifel Nicolaus lowered their price objective on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research report on Monday, July 22nd. TD Cowen reiterated a “hold” rating and issued a $145.00 price target on shares of Yum! Brands in a research report on Wednesday, November 6th. Robert W. Baird upped their price objective on 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 dropped their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Yum! Brands presently has a consensus rating of “Hold” and a consensus target price of $145.94.

Yum! Brands Company 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.