BTIG Research reiterated their hold rating on shares of Yum Brands Inc. (NYSE:YUM) in a report released on Thursday morning.

YUM has been the subject of several other research reports. Citigroup Inc. raised their target price on Yum Brands from $88.00 to $96.00 and gave the company a neutral rating in a research note on Friday, September 9th. Morgan Stanley raised their target price on Yum Brands from $86.00 to $96.00 and gave the company an equal weight rating in a research note on Wednesday, September 28th. Zacks Investment Research cut Yum Brands from a hold rating to a sell rating in a research note on Monday, September 19th. Nomura reaffirmed a buy rating and set a $95.00 target price (up previously from $92.00) on shares of Yum Brands in a research note on Wednesday, June 22nd. Finally, Vetr raised Yum Brands from a sell rating to a buy rating and set a $95.24 target price for the company in a research note on Monday, September 26th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Yum Brands presently has an average rating of Hold and a consensus target price of $91.61.

Analyst Recommendations for Yum Brands (NYSE:YUM)

Yum Brands (NYSE:YUM) traded up 0.49% on Thursday, hitting $87.87. 5,079,139 shares of the stock were exchanged. Yum Brands has a 52 week low of $64.58 and a 52 week high of $91.99. The company’s 50-day moving average is $89.57 and its 200-day moving average is $85.20. The company has a market cap of $34.26 billion, a PE ratio of 26.48 and a beta of 0.76.

Yum Brands (NYSE:YUM) last released its quarterly earnings results on Wednesday, October 5th. The restaurant operator reported $1.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by $0.01. Yum Brands had a return on equity of 511.71% and a net margin of 12.62%. The business earned $3.32 billion during the quarter. During the same period last year, the firm posted $1.00 earnings per share. The business’s quarterly revenue was down 3.2% on a year-over-year basis. On average, analysts predict that Yum Brands will post $3.70 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 4th. Investors of record on Wednesday, October 19th will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Monday, October 17th. This is an increase from Yum Brands’s previous quarterly dividend of $0.46. Yum Brands’s dividend payout ratio (DPR) is 46.82%.

In related news, CEO Roger G. Eaton sold 44,952 shares of the firm’s stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $88.53, for a total transaction of $3,979,600.56. Following the completion of the transaction, the chief executive officer now owns 244,274 shares in the company, valued at approximately $21,625,577.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Roger G. Eaton sold 53,518 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $91.72, for a total value of $4,908,670.96. Following the transaction, the chief executive officer now owns 245,736 shares of the company’s stock, valued at approximately $22,538,905.92. The disclosure for this sale can be found here. Corporate insiders own 7.38% of the company’s stock.

Several institutional investors have recently bought and sold shares of YUM. Quadrature Capital Ltd acquired a new position in shares of Yum Brands during the first quarter valued at about $5,646,000. UBS Asset Management Americas Inc. increased its position in shares of Yum Brands by 4.5% in the first quarter. UBS Asset Management Americas Inc. now owns 2,580,954 shares of the restaurant operator’s stock valued at $211,252,000 after buying an additional 110,616 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its position in shares of Yum Brands by 19,172.0% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 38,544 shares of the restaurant operator’s stock valued at $3,155,000 after buying an additional 38,344 shares during the last quarter. Meeder Asset Management Inc. increased its position in shares of Yum Brands by 56.2% in the first quarter. Meeder Asset Management Inc. now owns 8,467 shares of the restaurant operator’s stock valued at $693,000 after buying an additional 3,048 shares during the last quarter. Finally, BB&T Securities LLC increased its position in shares of Yum Brands by 125.9% in the first quarter. BB&T Securities LLC now owns 103,091 shares of the restaurant operator’s stock valued at $8,438,000 after buying an additional 57,461 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

About Yum Brands

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

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