Yum Brands Inc. (NYSE:YUM)‘s stock had its “outperform” rating restated by Oppenheimer Holdings Inc. in a research note issued to investors on Monday. They currently have a $97.00 price target on the restaurant operator’s stock. Oppenheimer Holdings Inc.’s target price indicates a potential upside of 12.58% from the company’s previous close.

YUM has been the topic of a number of other research reports. Barclays PLC reaffirmed an “equal weight” rating and set a $83.00 price objective on shares of Yum Brands in a research note on Friday, July 15th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Yum Brands in a research note on Sunday, July 17th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Yum Brands in a research note on Sunday, July 17th. Cowen and Company reaffirmed a “buy” rating on shares of Yum Brands in a research note on Sunday, July 17th. Finally, Bank of America Corp. reaffirmed a “hold” rating on shares of Yum Brands in a research note on Sunday, July 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $92.46.

Analyst Recommendations for Yum Brands (NYSE:YUM)

Yum Brands (NYSE:YUM) opened at 86.16 on Monday. The firm has a 50-day moving average price of $89.10 and a 200 day moving average price of $85.66. The firm has a market capitalization of $32.40 billion, a P/E ratio of 25.97 and a beta of 0.76. Yum Brands has a 52-week low of $64.58 and a 52-week high of $91.99.

Yum Brands (NYSE:YUM) last posted its earnings results on Wednesday, October 5th. The restaurant operator reported $1.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by $0.01. The firm earned $3.32 billion during the quarter. Yum Brands had a net margin of 12.62% and a negative return on equity of 589.18%. The business’s revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 earnings per share. 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 2.37%. This is a positive change from Yum Brands’s previous quarterly dividend of $0.46. Yum Brands’s dividend payout ratio is currently 46.82%.

In other news, CEO Muktesh Pant sold 91,228 shares of the company’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $89.94, for a total transaction of $8,205,046.32. Following the transaction, the chief executive officer now owns 62,660 shares in the company, valued at $5,635,640.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tracy L. Skeans sold 1,793 shares of the company’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $90.02, for a total transaction of $161,405.86. The disclosure for this sale can be found here. Insiders own 7.38% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. BB&T Securities LLC raised its stake in Yum Brands by 125.9% in the first quarter. BB&T Securities LLC now owns 103,091 shares of the restaurant operator’s stock worth $8,438,000 after buying an additional 57,461 shares in the last quarter. Meeder Asset Management Inc. raised its stake in Yum Brands by 56.2% in the first quarter. Meeder Asset Management Inc. now owns 8,467 shares of the restaurant operator’s stock worth $693,000 after buying an additional 3,048 shares in the last quarter. Edmond DE Rothschild Holding S.A. raised its stake in 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 worth $3,155,000 after buying an additional 38,344 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in 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 worth $211,252,000 after buying an additional 110,616 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in Yum Brands during the first quarter worth $5,646,000. Hedge funds and other institutional investors own 76.09% 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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