Yum! Brands, Inc. (YUM) Receives $96.91 Average Price Target from Analysts

Yum! Brands, Inc. (NYSE:YUM) has been given an average recommendation of “Hold” by the fourteen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $97.09.

A number of research analysts have recently weighed in on YUM shares. Zacks Investment Research upgraded Yum! Brands from a “hold” rating to a “buy” rating and set a $111.00 price target on the stock in a report on Tuesday, March 26th. BTIG Research lifted their price target on Yum! Brands to $114.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. BMO Capital Markets lifted their price target on Yum! Brands to $100.00 and gave the company a “market perform” rating in a report on Friday, February 8th. Citigroup lowered their price target on Yum! Brands from $104.00 to $103.00 and set a “neutral” rating on the stock in a report on Thursday, April 4th. Finally, Mizuho downgraded Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 price target on the stock. in a report on Wednesday, March 20th.

In related news, CFO David W. Gibbs sold 1,531 shares of Yum! Brands stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $100.25, for a total transaction of $153,482.75. Following the completion of the sale, the chief financial officer now owns 43,516 shares of the company’s stock, valued at $4,362,479. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP David Eric Russell sold 5,872 shares of Yum! Brands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $100.00, for a total value of $587,200.00. Following the sale, the vice president now directly owns 23,653 shares of the company’s stock, valued at approximately $2,365,300. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,251 shares of company stock valued at $1,328,764. Insiders own 0.67% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC lifted its position in shares of Yum! Brands by 37.4% in the third quarter. TIAA CREF Investment Management LLC now owns 1,424,785 shares of the restaurant operator’s stock worth $129,527,000 after buying an additional 388,027 shares during the last quarter. Morgan Stanley lifted its position in shares of Yum! Brands by 8.7% in the third quarter. Morgan Stanley now owns 1,449,142 shares of the restaurant operator’s stock worth $131,742,000 after buying an additional 116,110 shares during the last quarter. Virtu Financial LLC lifted its position in shares of Yum! Brands by 97.2% in the fourth quarter. Virtu Financial LLC now owns 5,726 shares of the restaurant operator’s stock worth $526,000 after buying an additional 2,822 shares during the last quarter. Personal Capital Advisors Corp acquired a new stake in shares of Yum! Brands in the fourth quarter worth about $225,000. Finally, Lavaca Capital LLC acquired a new stake in shares of Yum! Brands in the fourth quarter worth about $62,000. 75.09% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE YUM opened at $101.46 on Monday. The firm has a market capitalization of $31.00 billion, a P/E ratio of 32.01, a P/E/G ratio of 2.17 and a beta of 0.56. Yum! Brands has a 52-week low of $77.09 and a 52-week high of $104.47.

Yum! Brands (NYSE:YUM) last issued its earnings results on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.02. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The company’s quarterly revenue was down 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 EPS. Analysts anticipate that Yum! Brands will post 3.81 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.66%. Yum! Brands’s dividend payout ratio is 53.00%.

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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