First National Bank & Trust Co. of Newtown Sells 112 Shares of Yum! Brands, Inc. (NYSE:YUM)

First National Bank & Trust Co. of Newtown decreased its position in Yum! Brands, Inc. (NYSE:YUM) by 1.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,587 shares of the restaurant operator’s stock after selling 112 shares during the quarter. First National Bank & Trust Co. of Newtown’s holdings in Yum! Brands were worth $1,253,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in Yum! Brands during the fourth quarter worth about $27,000. Bruce G. Allen Investments LLC bought a new position in Yum! Brands during the fourth quarter worth about $34,000. Clear Street Markets LLC boosted its holdings in Yum! Brands by 28,400.0% during the fourth quarter. Clear Street Markets LLC now owns 285 shares of the restaurant operator’s stock worth $37,000 after buying an additional 284 shares during the last quarter. KB Financial Partners LLC bought a new position in Yum! Brands during the second quarter worth about $41,000. Finally, Legacy Financial Group LLC bought a new position in Yum! Brands during the third quarter worth about $40,000. Institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling

In related news, CEO David W. Gibbs sold 7,078 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $138.37, for a total transaction of $979,382.86. Following the transaction, the chief executive officer now directly owns 172,128 shares of the company’s stock, valued at approximately $23,817,351.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Yum! Brands news, CEO David W. Gibbs sold 7,078 shares of Yum! Brands stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $138.37, for a total value of $979,382.86. Following the completion of the sale, the chief executive officer now owns 172,128 shares in the company, valued at approximately $23,817,351.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David Eric Russell sold 9,919 shares of the firm’s 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 directly owns 18,661 shares in the company, valued at $2,419,025.43. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,064 shares of company stock valued at $3,228,698. 0.31% of the stock is owned by insiders.

Yum! Brands Trading Up 0.2 %

Shares of NYSE:YUM traded up $0.31 during trading on Friday, hitting $138.18. 397,737 shares of the company were exchanged, compared to its average volume of 1,921,863. The stock has a market cap of $38.90 billion, a price-to-earnings ratio of 24.66, a P/E/G ratio of 2.18 and a beta of 1.10. Yum! Brands, Inc. has a fifty-two week low of $115.53 and a fifty-two week high of $143.24. The firm has a fifty day moving average price of $137.06 and a two-hundred day moving average price of $130.08.

Yum! Brands (NYSE:YUM) last posted its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.13). The company 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 firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $1.31 EPS. As a group, research analysts predict that Yum! Brands, Inc. will post 5.73 EPS for the current year.

Yum! Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Wednesday, February 21st were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.61. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.94%. Yum! Brands’s payout ratio is presently 47.94%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Oppenheimer upgraded Yum! Brands from a “market perform” rating to an “outperform” rating and set a $154.00 target price on the stock in a report on Friday, January 5th. Citigroup lifted their price objective on Yum! Brands from $164.00 to $166.00 and gave the company a “buy” rating in a report on Thursday, February 8th. TD Cowen reiterated a “buy” rating and set a $160.00 price objective on shares of Yum! Brands in a report on Wednesday, April 10th. Guggenheim lifted their price objective on Yum! Brands from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Barclays cut their price objective on Yum! Brands from $146.00 to $144.00 and set an “overweight” rating on the stock in a report on Thursday, February 8th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.00.

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.