Daiwa Securities Group Inc. Sells 365 Shares of Yum! Brands, Inc. (NYSE:YUM)

Daiwa Securities Group Inc. lessened its stake in Yum! Brands, Inc. (NYSE:YUM) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,451 shares of the restaurant operator’s stock after selling 365 shares during the period. Daiwa Securities Group Inc.’s holdings in Yum! Brands were worth $2,433,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of YUM. LVM Capital Management Ltd. MI bought a new stake in Yum! Brands in the 2nd quarter worth approximately $222,000. OLD Point Trust & Financial Services N A boosted its stake in shares of Yum! Brands by 2.2% during the 2nd quarter. OLD Point Trust & Financial Services N A now owns 29,570 shares of the restaurant operator’s stock worth $3,273,000 after acquiring an additional 650 shares during the last quarter. WINTON GROUP Ltd boosted its stake in shares of Yum! Brands by 9.6% during the 2nd quarter. WINTON GROUP Ltd now owns 449,867 shares of the restaurant operator’s stock worth $49,787,000 after acquiring an additional 39,328 shares during the last quarter. Calton & Associates Inc. purchased a new position in shares of Yum! Brands during the 2nd quarter worth $212,000. Finally, Valeo Financial Advisors LLC boosted its stake in shares of Yum! Brands by 7.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,306 shares of the restaurant operator’s stock worth $366,000 after acquiring an additional 231 shares during the last quarter. 75.59% of the stock is owned by institutional investors and hedge funds.

YUM opened at $98.90 on Friday. Yum! Brands, Inc. has a fifty-two week low of $86.10 and a fifty-two week high of $119.72. The firm’s fifty day moving average is $109.84 and its 200 day moving average is $109.95. The stock has a market cap of $29.80 billion, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 2.14 and a beta of 0.48.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, October 30th. The restaurant operator reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.14). Yum! Brands had a net margin of 20.88% and a negative return on equity of 11.69%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter last year, the firm posted $1.04 EPS. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. On average, equities research analysts anticipate that Yum! Brands, Inc. will post 3.73 EPS for the current year.

YUM has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Yum! Brands from $112.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 31st. Stifel Nicolaus dropped their price target on shares of Yum! Brands from $110.00 to $105.00 and set a “hold” rating on the stock in a research note on Thursday, October 31st. Goldman Sachs Group initiated coverage on shares of Yum! Brands in a research note on Monday, July 29th. They set a “neutral” rating and a $115.00 price target on the stock. Cfra cut shares of Yum! Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Wells Fargo & Co dropped their price target on shares of Yum! Brands from $115.00 to $111.00 and set a “market perform” rating on the stock in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the stock. Yum! Brands currently has an average rating of “Hold” and a consensus price target of $112.88.

In other Yum! Brands news, CEO Greg Creed sold 11,389 shares of Yum! Brands stock in a transaction on Monday, August 26th. The shares were sold at an average price of $116.93, for a total value of $1,331,715.77. Following the sale, the chief executive officer now directly owns 25,004 shares in the company, valued at approximately $2,923,717.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP David Eric Russell sold 5,801 shares of Yum! Brands stock in a transaction on Friday, August 16th. The shares were sold at an average price of $115.33, for a total transaction of $669,029.33. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,959 shares of company stock worth $2,657,189. 0.67% of the stock is owned by corporate insiders.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Institutional Ownership by Quarter for Yum! Brands (NYSE:YUM)

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