Schnieders Capital Management LLC Takes $207,000 Position in Yum! Brands, Inc. (NYSE:YUM)

Schnieders Capital Management LLC purchased a new stake in shares of Yum! Brands, Inc. (NYSE:YUM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,585 shares of the restaurant operator’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sustainable Growth Advisers LP increased its position in Yum! Brands by 3.8% during the third quarter. Sustainable Growth Advisers LP now owns 5,766,650 shares of the restaurant operator’s stock valued at $720,485,000 after acquiring an additional 210,238 shares during the last quarter. Northern Trust Corp increased its position in Yum! Brands by 3.9% in the third quarter. Northern Trust Corp now owns 3,278,341 shares of the restaurant operator’s stock worth $409,596,000 after buying an additional 124,080 shares in the last quarter. Deutsche Bank AG increased its position in Yum! Brands by 121.8% in the third quarter. Deutsche Bank AG now owns 1,819,809 shares of the restaurant operator’s stock worth $227,367,000 after buying an additional 999,443 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Yum! Brands by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,521,511 shares of the restaurant operator’s stock worth $190,098,000 after buying an additional 12,654 shares in the last quarter. Finally, California Public Employees Retirement System increased its position in Yum! Brands by 5.8% in the fourth quarter. California Public Employees Retirement System now owns 1,266,114 shares of the restaurant operator’s stock worth $165,430,000 after buying an additional 69,703 shares in the last quarter. 82.37% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the transaction, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the transaction, the vice president now owns 18,661 shares in the company, valued at $2,419,025.43. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO David W. Gibbs sold 7,067 shares of Yum! Brands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $136.34, for a total value of $963,514.78. Following the completion of the sale, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The disclosure for this sale can be found here. Insiders sold a total of 24,064 shares of company stock valued at $3,228,698 in the last quarter. 0.31% of the stock is currently owned by company insiders.

Yum! Brands Stock Up 1.2 %

Shares of Yum! Brands stock traded up $1.71 during trading on Wednesday, reaching $141.81. The company’s stock had a trading volume of 1,905,289 shares, compared to its average volume of 1,927,315. The company has a 50-day simple moving average of $137.56 and a two-hundred day simple moving average of $130.54. Yum! Brands, Inc. has a 1-year low of $115.53 and a 1-year high of $143.24. The company has a market cap of $39.92 billion, a price-to-earnings ratio of 25.19, a P/E/G ratio of 2.19 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The business’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.31 EPS. As a group, analysts anticipate that Yum! Brands, Inc. will post 5.73 earnings per share for the current year.

Analyst Upgrades and Downgrades

YUM has been the subject of several research analyst reports. Wells Fargo & Company cut Yum! Brands from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $150.00 to $135.00 in a research report on Thursday, January 11th. Oppenheimer upgraded Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 target price for the company in a research report on Friday, January 5th. Stifel Nicolaus reissued a “hold” rating and set a $135.00 price target on shares of Yum! Brands in a research note on Thursday, January 4th. Barclays dropped their price target on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating for the company in a research note on Thursday, February 8th. Finally, TD Cowen reissued a “buy” rating and set a $160.00 price target on shares of Yum! Brands in a research note on Wednesday, April 10th. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Yum! Brands currently has an average rating of “Hold” and a consensus price target of $144.75.

Yum! Brands 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.