Cantillon Capital Management LLC Acquires 51,690 Shares of Yum! Brands, Inc. (NYSE:YUM)

Cantillon Capital Management LLC grew its holdings in Yum! Brands, Inc. (NYSE:YUM - Free Report) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,428,040 shares of the restaurant operator's stock after acquiring an additional 51,690 shares during the quarter. Cantillon Capital Management LLC owned 0.51% of Yum! Brands worth $199,511,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of YUM. Bahl & Gaynor Inc. bought a new stake in shares of Yum! Brands in the first quarter valued at approximately $208,000. O Shaughnessy Asset Management LLC lifted its position in Yum! Brands by 12.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 23,332 shares of the restaurant operator's stock worth $3,235,000 after purchasing an additional 2,650 shares during the period. Seven Eight Capital LP bought a new position in Yum! Brands in the first quarter worth $402,000. Bessemer Group Inc. lifted its position in Yum! Brands by 20.9% in the first quarter. Bessemer Group Inc. now owns 32,556 shares of the restaurant operator's stock worth $4,515,000 after purchasing an additional 5,637 shares during the period. Finally, Lake Street Advisors Group LLC lifted its position in Yum! Brands by 32.8% in the first quarter. Lake Street Advisors Group LLC now owns 2,808 shares of the restaurant operator's stock worth $389,000 after purchasing an additional 694 shares during the period. 82.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the firm's 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 transaction, the chief executive officer now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 21,069 shares of company stock worth $2,842,965. Insiders own 0.31% of the company's stock.

Yum! Brands Stock Down 1.4 %

YUM stock traded down $1.88 during midday trading on Tuesday, reaching $132.13. The stock had a trading volume of 1,159,960 shares, compared to its average volume of 1,946,565. The business has a fifty day simple moving average of $134.43 and a two-hundred day simple moving average of $134.52. The firm has a market cap of $36.87 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 2.25 and a beta of 1.10. Yum! Brands, Inc. has a twelve month low of $123.70 and a twelve month high of $143.20.

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

Analysts Set New Price Targets

Several research analysts recently commented on YUM shares. Bank of America reduced 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. TD Cowen reiterated a "hold" rating and set a $145.00 price objective on shares of Yum! Brands in a research note on Wednesday, November 6th. Redburn Atlantic lowered Yum! Brands from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 11th. Loop Capital dropped their price objective on Yum! Brands from $143.00 to $140.00 and set a "hold" rating for the company in a research note on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Yum! Brands from $147.00 to $145.00 and set a "hold" rating for the company in a research note on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average 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.