Goldman Sachs Group Inc. Trims Stake in Yum! Brands, Inc. (NYSE:YUM)

Goldman Sachs Group Inc. reduced its position in Yum! Brands, Inc. (NYSE:YUMGet Rating) by 19.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,378,868 shares of the restaurant operator’s stock after selling 332,844 shares during the period. Goldman Sachs Group Inc. owned 0.47% of Yum! Brands worth $191,469,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Prio Wealth Limited Partnership acquired a new position in Yum! Brands in the 4th quarter valued at about $226,000. Jaffetilchin Investment Partners LLC acquired a new position in Yum! Brands in the 4th quarter valued at about $369,000. Toroso Investments LLC increased its position in Yum! Brands by 90.5% in the 4th quarter. Toroso Investments LLC now owns 7,056 shares of the restaurant operator’s stock valued at $980,000 after acquiring an additional 3,353 shares during the period. Carroll Investors Inc acquired a new position in Yum! Brands in the 4th quarter valued at about $63,000. Finally, ETF Store Inc. acquired a new position in Yum! Brands in the 4th quarter valued at about $571,000. 79.23% of the stock is owned by institutional investors and hedge funds.

YUM has been the topic of several recent analyst reports. Credit Suisse Group dropped their target price on Yum! Brands from $137.00 to $130.00 in a research report on Thursday, May 5th. Morgan Stanley dropped their target price on Yum! Brands from $150.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, April 14th. Zacks Investment Research upgraded Yum! Brands from a “sell” rating to a “hold” rating and set a $117.00 target price on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their target price on Yum! Brands from $142.00 to $136.00 in a research report on Thursday, May 5th. Finally, StockNews.com assumed coverage on Yum! Brands in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $138.38.

YUM stock traded up $2.32 on Friday, reaching $112.83. The company had a trading volume of 1,228,879 shares, compared to its average volume of 1,836,451. Yum! Brands, Inc. has a 1 year low of $108.54 and a 1 year high of $139.85. The company’s fifty day moving average is $118.25 and its 200 day moving average is $124.18. The company has a market cap of $32.52 billion, a P/E ratio of 20.48, a PEG ratio of 2.01 and a beta of 1.04.

Yum! Brands (NYSE:YUMGet Rating) last issued its quarterly earnings results on Wednesday, May 4th. The restaurant operator reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Yum! Brands had a negative return on equity of 16.34% and a net margin of 24.80%. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company earned $1.07 EPS. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. As a group, equities analysts anticipate that Yum! Brands, Inc. will post 4.63 EPS for the current year.

Yum! Brands Profile (Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company 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.

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

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