Yum! Brands, Inc. (NYSE:YUM) Receives $145.94 Average PT from Analysts

Yum! Brands, Inc. (NYSE:YUM) has been assigned a consensus rating of “Hold” from the seventeen brokerages that are presently covering the stock, Marketbeat Ratings reports. Eleven equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $146.00.

A number of equities analysts recently commented on YUM shares. Redburn Atlantic lowered Yum! Brands from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Loop Capital decreased their price target 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. JPMorgan Chase & Co. upped their target price on shares of Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft decreased their price objective on Yum! Brands from $147.00 to $145.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, TD Cowen restated a “hold” rating and set a $145.00 target price on shares of Yum! Brands in a report on Wednesday, November 6th.

Insider Transactions at Yum! Brands

In related news, CEO David W. Gibbs sold 7,005 shares of Yum! Brands stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $134.43, for a total transaction of $941,682.15. Following the sale, the chief executive officer now owns 152,634 shares of the company’s stock, valued at $20,518,588.62. The trade was a 4.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 17,879 shares of company stock valued at $2,424,167 over the last quarter. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Yum! Brands

Hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC increased its holdings in Yum! Brands by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 7,441,170 shares of the restaurant operator’s stock worth $1,038,775,000 after purchasing an additional 111,147 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Yum! Brands by 3.4% in the 2nd quarter. Legal & General Group Plc now owns 3,164,159 shares of the restaurant operator’s stock valued at $419,123,000 after purchasing an additional 104,328 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Yum! Brands by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,632,862 shares of the restaurant operator’s stock worth $228,127,000 after purchasing an additional 6,537 shares in the last quarter. Cantillon Capital Management LLC increased its holdings in Yum! Brands by 3.8% in the third quarter. Cantillon Capital Management LLC now owns 1,428,040 shares of the restaurant operator’s stock valued at $199,511,000 after buying an additional 51,690 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Yum! Brands by 6.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 930,402 shares of the restaurant operator’s stock worth $123,243,000 after buying an additional 58,437 shares during the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

Yum! Brands Stock Performance

Shares of NYSE YUM opened at $133.44 on Friday. Yum! Brands has a 52-week low of $124.76 and a 52-week high of $143.20. The company has a market cap of $37.24 billion, a PE ratio of 24.94, a P/E/G ratio of 2.37 and a beta of 1.10. The firm’s 50 day moving average price is $135.41 and its 200-day moving average price is $134.08.

Yum! Brands (NYSE:YUM) last announced its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.90 billion. Yum! Brands had a net margin of 21.13% and a negative return on equity of 18.93%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.44 earnings per share. On average, analysts forecast that Yum! Brands will post 5.47 earnings per share for the current fiscal year.

Yum! Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 2.01%. Yum! Brands’s dividend payout ratio (DPR) is 50.09%.

Yum! Brands Company 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.