Deutsche Bank AG Raises Holdings in Yum! Brands, Inc. (NYSE:YUM)

Deutsche Bank AG boosted its position in Yum! Brands, Inc. (NYSE:YUM) by 29.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,195,586 shares of the restaurant operator’s stock after purchasing an additional 273,547 shares during the quarter. Deutsche Bank AG’s holdings in Yum! Brands were worth $160,400,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthTrak Capital Management LLC acquired a new position in shares of Yum! Brands in the 4th quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC acquired a new position in Yum! Brands during the fourth quarter valued at approximately $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Yum! Brands during the fourth quarter worth approximately $33,000. Itau Unibanco Holding S.A. increased its position in shares of Yum! Brands by 436.5% in the fourth quarter. Itau Unibanco Holding S.A. now owns 279 shares of the restaurant operator’s stock worth $37,000 after acquiring an additional 227 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its stake in shares of Yum! Brands by 52.1% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 295 shares of the restaurant operator’s stock valued at $40,000 after acquiring an additional 101 shares during the period. 82.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Yum! Brands news, insider Erika Burkhardt sold 597 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $159.07, for a total value of $94,964.79. Following the sale, the insider now directly owns 64 shares in the company, valued at approximately $10,180.48. This trade represents a 90.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO David W. Gibbs sold 5,139 shares of the company’s stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $146.70, for a total transaction of $753,891.30. Following the transaction, the chief executive officer now owns 157,893 shares of the company’s stock, valued at $23,162,903.10. This represents a 3.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 55,271 shares of company stock valued at $8,706,576 over the last quarter. Insiders own 0.33% of the company’s stock.

Yum! Brands Trading Down 0.5 %

Shares of NYSE YUM opened at $147.19 on Friday. The company has a market capitalization of $40.99 billion, a price-to-earnings ratio of 28.20, a price-to-earnings-growth ratio of 2.31 and a beta of 0.77. Yum! Brands, Inc. has a twelve month low of $122.13 and a twelve month high of $163.30. The business has a 50 day simple moving average of $151.04 and a 200-day simple moving average of $141.48.

Yum! Brands (NYSE:YUM) last released its earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. Yum! Brands had a net margin of 19.68% and a negative return on equity of 20.33%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the previous year, the firm earned $1.15 earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. As a group, equities analysts predict that Yum! Brands, Inc. will post 5.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Robert W. Baird lowered their price target on Yum! Brands from $176.00 to $174.00 and set an “outperform” rating for the company in a report on Monday, April 7th. UBS Group increased their target price on Yum! Brands from $156.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Wells Fargo & Company boosted their price target on Yum! Brands from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 5th. Sanford C. Bernstein downgraded shares of Yum! Brands from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $140.00 to $135.00 in a research report on Wednesday, January 22nd. Finally, Citigroup boosted their target price on shares of Yum! Brands from $148.00 to $151.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 15th. Sixteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Yum! Brands presently has a consensus rating of “Hold” and an average price target of $156.70.

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.