OneDigital Investment Advisors LLC Decreases Stake in Yum! Brands, Inc. (NYSE:YUM)

OneDigital Investment Advisors LLC trimmed its position in shares of Yum! Brands, Inc. (NYSE:YUM) by 14.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,187 shares of the restaurant operator’s stock after selling 2,155 shares during the period. OneDigital Investment Advisors LLC’s holdings in Yum! Brands were worth $1,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of YUM. Deseret Mutual Benefit Administrators increased its holdings in shares of Yum! Brands by 3.9% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,049 shares of the restaurant operator’s stock worth $271,000 after buying an additional 76 shares during the last quarter. Legacy Financial Advisors Inc. lifted its position in Yum! Brands by 2.2% in the second quarter. Legacy Financial Advisors Inc. now owns 3,460 shares of the restaurant operator’s stock worth $458,000 after buying an additional 76 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in Yum! Brands by 1.9% during the second quarter. Wesbanco Bank Inc. now owns 4,169 shares of the restaurant operator’s stock worth $552,000 after buying an additional 78 shares during the period. Diversified Trust Co increased its position in Yum! Brands by 2.4% during the third quarter. Diversified Trust Co now owns 3,321 shares of the restaurant operator’s stock valued at $464,000 after acquiring an additional 79 shares during the last quarter. Finally, Marcum Wealth LLC raised its stake in shares of Yum! Brands by 3.4% in the second quarter. Marcum Wealth LLC now owns 2,477 shares of the restaurant operator’s stock valued at $328,000 after acquiring an additional 82 shares during the period. 82.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Yum! Brands

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $134.43, for a total value of $941,682.15. Following the completion of the sale, the chief executive officer now directly owns 152,634 shares in the company, valued at approximately $20,518,588.62. This trade represents a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.

Yum! Brands Stock Performance

Shares of Yum! Brands stock opened at $133.59 on Monday. The company has a market capitalization of $37.28 billion, a PE ratio of 24.97, a P/E/G ratio of 2.25 and a beta of 1.10. The company has a 50-day simple moving average of $134.42 and a two-hundred day simple moving average of $134.54. Yum! Brands, Inc. has a one year low of $123.70 and a one year high of $143.20.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Tuesday, November 5th. The restaurant operator reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a negative return on equity of 18.93% and a net margin of 21.13%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 EPS. On average, equities analysts predict that Yum! Brands, Inc. will post 5.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

YUM has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Loop Capital reduced their price target on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. JPMorgan Chase & Co. boosted their price objective on Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Bank of America decreased their target price on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. Finally, Stifel Nicolaus cut their price target on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a report on Monday, July 22nd. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.94.

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.