Yum! Brands, Inc. (NYSE:YUM) Given Consensus Rating of “Hold” by Brokerages

Shares of Yum! Brands, Inc. (NYSE:YUM) have been assigned a consensus rating of “Hold” from the twenty-three analysts that are presently covering the stock, Marketbeat Ratings reports. Fourteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $100.68.

Several equities research analysts recently commented on the company. Royal Bank of Canada boosted their target price on Yum! Brands from $87.00 to $94.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Oppenheimer lifted their price target on shares of Yum! Brands from $103.00 to $108.00 and gave the stock an “outperform” rating in a research report on Monday, August 17th. Morgan Stanley lifted their price target on shares of Yum! Brands from $103.00 to $113.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 14th. Stifel Nicolaus lifted their price target on shares of Yum! Brands from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, September 8th. Finally, Bank of America lifted their price target on shares of Yum! Brands from $90.00 to $98.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th.

In other Yum! Brands news, CEO Anthony Lowings sold 4,095 shares of Yum! Brands stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $96.12, for a total transaction of $393,611.40. Also, VP David Eric Russell sold 3,250 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $98.00, for a total transaction of $318,500.00. Following the transaction, the vice president now owns 20,420 shares in the company, valued at $2,001,160. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,623 shares of company stock worth $2,472,706. Corporate insiders own 0.72% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. JGP Wealth Management LLC purchased a new position in shares of Yum! Brands during the 3rd quarter valued at $206,000. Diversified Trust Co purchased a new position in shares of Yum! Brands during the 2nd quarter valued at $353,000. The Manufacturers Life Insurance Company grew its holdings in shares of Yum! Brands by 16.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 331,045 shares of the restaurant operator’s stock valued at $22,686,000 after acquiring an additional 45,857 shares in the last quarter. Lido Advisors LLC purchased a new position in shares of Yum! Brands during the 2nd quarter valued at $403,000. Finally, City Holding Co. grew its holdings in shares of Yum! Brands by 21.9% during the 2nd quarter. City Holding Co. now owns 13,403 shares of the restaurant operator’s stock valued at $1,165,000 after acquiring an additional 2,410 shares in the last quarter. Institutional investors and hedge funds own 75.22% of the company’s stock.

NYSE:YUM traded down $3.04 during midday trading on Monday, hitting $98.24. 29,976 shares of the stock were exchanged, compared to its average volume of 2,262,887. Yum! Brands has a one year low of $54.95 and a one year high of $110.71. The company has a market capitalization of $30.53 billion, a price-to-earnings ratio of 29.83, a P/E/G ratio of 2.49 and a beta of 0.93. The business has a 50-day moving average price of $94.20 and a two-hundred day moving average price of $89.79.

Yum! Brands (NYSE:YUM) last announced its earnings results on Thursday, July 30th. The restaurant operator reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.30. Yum! Brands had a negative return on equity of 12.42% and a net margin of 18.78%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the company earned $0.93 earnings per share. The firm’s quarterly revenue was down 8.5% compared to the same quarter last year. As a group, analysts forecast that Yum! Brands will post 3.17 earnings per share for the current fiscal year.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Analyst Recommendations for Yum! Brands (NYSE:YUM)

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