Harbour Investments Inc. Has $371,000 Position in Yum! Brands, Inc. (NYSE:YUM)

Harbour Investments Inc. raised its stake in Yum! Brands, Inc. (NYSE:YUM) by 41.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,653 shares of the restaurant operator’s stock after purchasing an additional 784 shares during the period. Harbour Investments Inc.’s holdings in Yum! Brands were worth $371,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC increased its position in Yum! Brands by 2.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 7,226 shares of the restaurant operator’s stock valued at $1,010,000 after buying an additional 152 shares in the last quarter. Ashton Thomas Securities LLC raised its position in shares of Yum! Brands by 13.5% during the third quarter. Ashton Thomas Securities LLC now owns 2,800 shares of the restaurant operator’s stock worth $391,000 after purchasing an additional 333 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of Yum! Brands by 5,077.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 182,130 shares of the restaurant operator’s stock worth $25,445,000 after purchasing an additional 178,612 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. increased its stake in Yum! Brands by 4.1% during the 3rd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 16,637 shares of the restaurant operator’s stock valued at $2,324,000 after purchasing an additional 661 shares in the last quarter. Finally, Tyler Stone Wealth Management raised its holdings in Yum! Brands by 102.8% during the third quarter. Tyler Stone Wealth Management now owns 1,724 shares of the restaurant operator’s stock worth $241,000 after buying an additional 874 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Price Performance

Shares of NYSE YUM opened at $133.59 on Friday. The business’s fifty day moving average price is $134.42 and its 200-day moving average price is $134.59. Yum! Brands, Inc. has a one year low of $123.70 and a one year high of $143.20. The stock has a market capitalization of $37.28 billion, a PE ratio of 24.97, a P/E/G ratio of 2.30 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last issued its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business 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%. Yum! Brands’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 EPS. As a group, equities analysts expect that Yum! Brands, Inc. will post 5.48 EPS for the current fiscal year.

Insider Activity at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the transaction, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. The trade was a 51.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction 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. The trade was a 4.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,319 shares of company stock worth $2,063,221. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on YUM shares. Bank of America dropped their price target on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft decreased their price target on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Loop Capital cut their price objective on shares of 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. increased their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, September 16th. 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 issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $145.94.

Yum! Brands Company 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.