Yum Brands Inc. (NYSE:YUM)‘s stock had its “outperform” rating reissued by equities researchers at Sanford C. Bernstein in a research report issued to clients and investors on Wednesday. They currently have a $98.00 price target on the restaurant operator’s stock. Sanford C. Bernstein’s target price indicates a potential upside of 12.08% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. BTIG Research reiterated a “hold” rating on shares of Yum Brands in a research report on Sunday, September 4th. Wells Fargo & Co. reiterated a “market perform” rating and set a $83.00 price objective on shares of Yum Brands in a research report on Monday, July 11th. Cowen and Company reiterated a “buy” rating on shares of Yum Brands in a research report on Sunday, July 17th. Credit Agricole SA reiterated an “underperform” rating and set a $82.00 price objective on shares of Yum Brands in a research report on Thursday, July 14th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Yum Brands in a research report on Sunday, July 17th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Yum Brands has a consensus rating of “Hold” and a consensus target price of $91.61.

Analyst Recommendations for Yum Brands (NYSE:YUM)

Yum Brands (NYSE:YUM) opened at 87.44 on Wednesday. The company’s 50-day moving average is $89.57 and its 200-day moving average is $85.20. Yum Brands has a 12 month low of $64.58 and a 12 month high of $91.99. The stock has a market capitalization of $34.09 billion, a PE ratio of 26.35 and a beta of 0.76.

Yum Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, October 5th. The restaurant operator reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.01. Yum Brands had a return on equity of 213.02% and a net margin of 10.97%. The business earned $3.32 billion during the quarter. During the same quarter in the previous year, the company earned $1.00 EPS. The business’s revenue was down 3.2% compared to the same quarter last year. Equities research analysts forecast that Yum Brands will post $3.70 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 4th. Stockholders of record on Wednesday, October 19th will be issued a dividend of $0.51 per share. The ex-dividend date is Monday, October 17th. This represents a $2.04 annualized dividend and a dividend yield of 2.33%. This is an increase from Yum Brands’s previous quarterly dividend of $0.46. Yum Brands’s dividend payout ratio is 55.42%.

In related news, VP David Eric Russell sold 5,213 shares of the stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $90.00, for a total value of $469,170.00. Following the transaction, the vice president now owns 14,428 shares in the company, valued at approximately $1,298,520. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Muktesh Pant sold 91,228 shares of the stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $89.94, for a total transaction of $8,205,046.32. Following the completion of the transaction, the chief executive officer now owns 62,660 shares in the company, valued at approximately $5,635,640.40. The disclosure for this sale can be found here. Insiders own 7.38% of the company’s stock.

A number of institutional investors have recently modified their holdings of YUM. Vanguard Group Inc. increased its position in shares of Yum Brands by 1.2% in the second quarter. Vanguard Group Inc. now owns 26,606,241 shares of the restaurant operator’s stock valued at $2,206,189,000 after buying an additional 326,184 shares during the period. Magellan Asset Management Ltd boosted its stake in shares of Yum Brands by 1.5% in the second quarter. Magellan Asset Management Ltd now owns 14,062,303 shares of the restaurant operator’s stock worth $1,166,046,000 after buying an additional 203,569 shares during the last quarter. Lone Pine Capital LLC boosted its stake in shares of Yum Brands by 559.3% in the second quarter. Lone Pine Capital LLC now owns 9,972,255 shares of the restaurant operator’s stock worth $826,899,000 after buying an additional 8,459,686 shares during the last quarter. Loomis Sayles & Co. L P boosted its stake in shares of Yum Brands by 6.2% in the second quarter. Loomis Sayles & Co. L P now owns 5,811,681 shares of the restaurant operator’s stock worth $481,904,000 after buying an additional 338,573 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Yum Brands by 0.8% in the first quarter. Geode Capital Management LLC now owns 3,357,178 shares of the restaurant operator’s stock worth $274,229,000 after buying an additional 28,204 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

Yum Brands Company Profile

YUM! Brands, Inc (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept.

5 Day Chart for NYSE:YUM

Receive News & Stock Ratings for Yum Brands Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum Brands Inc. and related stocks with our FREE daily email newsletter.