Yum! Brands (NYSE:YUM) Price Target Raised to $133.00

Yum! Brands (NYSE:YUMFree Report) had its target price upped by JPMorgan Chase & Co. from $130.00 to $133.00 in a report issued on Friday morning, Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the restaurant operator’s stock.

YUM has been the topic of a number of other reports. Oppenheimer upgraded Yum! Brands from a market perform rating to an outperform rating and set a $154.00 price target on the stock in a research note on Friday, January 5th. Stifel Nicolaus reiterated a hold rating and set a $135.00 target price on shares of Yum! Brands in a research report on Thursday, January 4th. Deutsche Bank Aktiengesellschaft started coverage on Yum! Brands in a research report on Thursday, October 19th. They set a hold rating and a $131.00 target price on the stock. Barclays lowered their target price on Yum! Brands from $146.00 to $144.00 and set an overweight rating on the stock in a research report on Thursday, February 8th. Finally, Royal Bank of Canada lowered their target price on Yum! Brands from $145.00 to $141.00 and set a sector perform rating on the stock in a research report on Friday. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of $144.75.

View Our Latest Analysis on Yum! Brands

Yum! Brands Price Performance

YUM stock opened at $131.36 on Friday. The company has a market cap of $36.82 billion, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. Yum! Brands has a 1 year low of $115.53 and a 1 year high of $143.24. The stock’s fifty day moving average price is $129.26 and its 200-day moving average price is $127.55.

Yum! Brands (NYSE:YUMGet Free Report) last released its quarterly earnings results on Wednesday, February 7th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.13). The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Yum! Brands had a negative return on equity of 17.76% and a net margin of 22.57%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the business earned $1.31 earnings per share. As a group, analysts expect that Yum! Brands will post 5.73 earnings per share for the current year.

Yum! Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st will be paid a dividend of $0.67 per share. This is a boost from Yum! Brands’s previous quarterly dividend of $0.61. This represents a $2.68 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Tuesday, February 20th. Yum! Brands’s payout ratio is presently 43.29%.

Insiders Place Their Bets

In other Yum! Brands news, CEO David W. Gibbs sold 3,727 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $127.97, for a total transaction of $476,944.19. Following the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at $7,335,880.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Yum! Brands news, CEO David W. Gibbs sold 3,727 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $127.97, for a total transaction of $476,944.19. Following the completion of the transaction, the chief executive officer now owns 57,325 shares in the company, valued at $7,335,880.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David W. Gibbs sold 3,756 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $129.21, for a total value of $485,312.76. Following the completion of the sale, the chief executive officer now owns 57,325 shares of the company’s stock, valued at approximately $7,406,963.25. The disclosure for this sale can be found here. Insiders have sold 21,194 shares of company stock valued at $2,741,662 over the last ninety days. 0.31% of the stock is owned by insiders.

Institutional Trading of Yum! Brands

A number of large investors have recently modified their holdings of YUM. Naples Money Management LLC purchased a new stake in shares of Yum! Brands in the fourth quarter valued at approximately $26,000. Bfsg LLC purchased a new stake in Yum! Brands during the fourth quarter worth $26,000. Fortitude Family Office LLC purchased a new stake in Yum! Brands during the fourth quarter worth $27,000. Rise Advisors LLC lifted its holdings in Yum! Brands by 1,190.5% during the third quarter. Rise Advisors LLC now owns 271 shares of the restaurant operator’s stock worth $34,000 after buying an additional 250 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new stake in Yum! Brands during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 80.17% of the company’s stock.

About Yum! Brands

(Get Free Report)

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. It 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.

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