Yum! Brands, Inc. (NYSE:YUM) Receives Average Rating of “Hold” from Brokerages

Yum! Brands, Inc. (NYSE:YUM) has been assigned an average rating of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $145.94.

Several equities research analysts recently commented on the stock. TD Cowen reiterated a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Redburn Atlantic downgraded shares of Yum! Brands from a “strong-buy” rating to a “hold” rating in a research report on Monday. Loop Capital cut their target price on shares of Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Finally, Stifel Nicolaus cut their target price on shares of Yum! Brands from $135.00 to $130.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd.

Yum! Brands Trading Up 0.5 %

YUM opened at $135.28 on Friday. The company’s 50 day moving average is $134.37 and its 200-day moving average is $134.64. Yum! Brands has a 1-year low of $123.70 and a 1-year high of $143.20. The company has a market cap of $37.75 billion, a P/E ratio of 25.29, a PEG ratio of 2.26 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last posted its quarterly 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). Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The company 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 posted $1.44 earnings per share. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, equities analysts forecast that Yum! Brands will post 5.49 EPS for the current year.

Insider Activity

In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction on Monday, September 16th. The shares were 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 owns 155,883 shares in the company, valued at approximately $20,955,351.69. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Yum! Brands news, CEO David W. Gibbs sold 7,005 shares of the business’s stock in a transaction on Monday, September 16th. The shares were 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 owns 155,883 shares in the company, valued at approximately $20,955,351.69. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the sale, the director now owns 1,233 shares of the company’s stock, valued at $169,414.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,319 shares of company stock worth $2,063,221 in the last quarter. 0.31% of the stock is owned by corporate insiders.

Institutional Trading of Yum! Brands

Several institutional investors have recently made changes to their positions in YUM. Vanguard Group Inc. grew its stake in shares of Yum! Brands by 24.0% in the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after acquiring an additional 5,607,517 shares in the last quarter. Capital World Investors boosted its holdings in shares of Yum! Brands by 23.7% in the 1st quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock worth $2,512,561,000 after buying an additional 3,470,883 shares during the last quarter. Cantillon Capital Management LLC purchased a new position in shares of Yum! Brands in the 1st quarter worth about $200,668,000. Capital International Investors boosted its holdings in shares of Yum! Brands by 10.2% in the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock worth $2,033,906,000 after buying an additional 1,362,813 shares during the last quarter. Finally, TD Asset Management Inc boosted its holdings in shares of Yum! Brands by 36.6% in the 1st quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock worth $301,498,000 after buying an additional 582,267 shares during the last quarter. Institutional investors own 82.37% of the company’s stock.

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.