Natixis Advisors LLC Has $63.48 Million Holdings in Yum! Brands, Inc. (NYSE:YUM)

Natixis Advisors LLC grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 0.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 454,330 shares of the restaurant operator’s stock after acquiring an additional 2,486 shares during the period. Natixis Advisors LLC’s holdings in Yum! Brands were worth $63,475,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Crewe Advisors LLC bought a new stake in Yum! Brands in the first quarter worth approximately $28,000. DiNuzzo Private Wealth Inc. increased its stake in shares of Yum! Brands by 957.1% in the third 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 period. Meeder Asset Management Inc. increased its position in 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 buying an additional 82 shares during the period. Kimelman & Baird LLC bought a new position in Yum! Brands during the second quarter worth $37,000. Finally, Iron Horse Wealth Management LLC raised its position in shares of Yum! Brands by 3,088.9% during the second quarter. Iron Horse Wealth Management LLC now owns 287 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 82.37% of the company’s stock.

Yum! Brands Trading Down 2.3 %

YUM stock opened at $133.59 on Friday. The stock has a market cap of $37.28 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 2.25 and a beta of 1.10. Yum! Brands, Inc. has a 1 year low of $123.70 and a 1 year high of $143.20. The stock has a 50-day moving average price of $134.42 and a two-hundred day moving average price of $134.54.

Yum! Brands (NYSE:YUM) last released its 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 business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.90 billion. During the same period last year, the business posted $1.44 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts forecast that Yum! Brands, Inc. will post 5.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. TD Cowen reiterated a “hold” rating and issued a $145.00 target price on shares of Yum! Brands in a research note on Wednesday, November 6th. Robert W. Baird upped their price target on shares of Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Loop Capital reduced their price objective on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Finally, Redburn Atlantic cut shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $145.94.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 7,005 shares of the business’s 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 sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the transaction, the director now directly owns 1,233 shares in the company, valued at approximately $169,414.20. This represents a 51.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,319 shares of company stock worth $2,063,221 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

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.