Fosun International Ltd Has $521,000 Stock Position in Yum! Brands, Inc. (NYSE:YUM)

Fosun International Ltd raised its stake in Yum! Brands, Inc. (NYSE:YUM) by 174.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,986 shares of the restaurant operator’s stock after acquiring an additional 2,536 shares during the quarter. Fosun International Ltd’s holdings in Yum! Brands were worth $521,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in YUM. Cambridge Investment Research Advisors Inc. increased its position in Yum! Brands by 6.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 31,939 shares of the restaurant operator’s stock valued at $3,990,000 after acquiring an additional 1,864 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Yum! Brands by 0.8% in the 3rd quarter. Brown Advisory Inc. now owns 31,277 shares of the restaurant operator’s stock valued at $3,908,000 after purchasing an additional 241 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Yum! Brands by 10.3% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,177 shares of the restaurant operator’s stock valued at $272,000 after purchasing an additional 203 shares during the last quarter. Calamos Wealth Management LLC bought a new position in shares of Yum! Brands in the 3rd quarter valued at about $201,000. Finally, IFM Investors Pty Ltd boosted its stake in shares of Yum! Brands by 3.6% in the 3rd quarter. IFM Investors Pty Ltd now owns 55,488 shares of the restaurant operator’s stock valued at $6,933,000 after purchasing an additional 1,932 shares during the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Analysts Set New Price Targets

YUM has been the topic of several recent research reports. Wells Fargo & Company lowered shares of Yum! Brands from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $150.00 to $135.00 in a research note on Thursday, January 11th. Royal Bank of Canada reduced their target price on shares of Yum! Brands from $145.00 to $141.00 and set a “sector perform” rating on the stock in a research note on Friday, February 9th. Barclays raised their target price on shares of Yum! Brands from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Citigroup reduced their price objective on shares of Yum! Brands from $166.00 to $162.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Finally, TD Cowen reissued a “buy” rating and set a $160.00 price objective on shares of Yum! Brands in a research note on Wednesday, May 1st. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $143.53.

Insider Buying and Selling

In related news, VP David Eric Russell sold 9,919 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $129.63, for a total transaction of $1,285,799.97. Following the transaction, the vice president now directly owns 18,661 shares in the company, valued at $2,419,025.43. The sale was disclosed in a filing with the SEC, which is available through this link. In other Yum! Brands news, Director Paget Leonard Alves sold 6,309 shares of Yum! Brands stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $136.19, for a total transaction of $859,222.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David Eric Russell sold 9,919 shares of Yum! Brands stock in a transaction 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 directly owns 18,661 shares of the company’s stock, valued at $2,419,025.43. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,373 shares of company stock worth $4,087,920. Insiders own 0.31% of the company’s stock.

Yum! Brands Trading Up 0.7 %

Shares of NYSE YUM traded up $0.99 during midday trading on Thursday, reaching $137.95. The company’s stock had a trading volume of 224,311 shares, compared to its average volume of 1,986,426. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.20. The stock has a market capitalization of $38.83 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 2.18 and a beta of 1.07. The stock has a 50 day simple moving average of $138.11 and a 200-day simple moving average of $131.92.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.05). Yum! Brands had a net margin of 22.92% and a negative return on equity of 18.64%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the business earned $1.06 earnings per share. Yum! Brands’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities analysts anticipate that Yum! Brands, Inc. will post 5.65 EPS for the current year.

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.