Yum! Brands (NYSE:YUM) had its price target raised by analysts at Citigroup from $103.00 to $105.00 in a report issued on Tuesday, BenzingaRatingsTable reports. The firm currently has a “neutral” rating on the restaurant operator’s stock. Citigroup‘s target price would indicate a potential upside of 3.52% from the stock’s previous close.

YUM has been the subject of several other research reports. Zacks Investment Research upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $112.00 price target for the company in a report on Tuesday, April 9th. BTIG Research boosted their price target on shares of Yum! Brands to $114.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. JPMorgan Chase & Co. cut shares of Yum! Brands from an “overweight” rating to a “neutral” rating and set a $94.00 target price for the company. in a report on Tuesday, March 19th. Mizuho cut shares of Yum! Brands from a “buy” rating to a “neutral” rating and set a $84.00 target price for the company. in a report on Wednesday, March 20th. Finally, Robert W. Baird restated an “outperform” rating and issued a $112.00 target price on shares of Yum! Brands in a report on Monday, April 29th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Yum! Brands currently has an average rating of “Hold” and a consensus target price of $98.33.

NYSE YUM traded up $0.74 on Tuesday, hitting $101.43. 8,817 shares of the stock were exchanged, compared to its average volume of 1,712,042. Yum! Brands has a fifty-two week low of $77.09 and a fifty-two week high of $104.47. The stock has a market capitalization of $31.00 billion, a PE ratio of 31.93, a price-to-earnings-growth ratio of 2.17 and a beta of 0.56.

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

In related news, Director Robert D. Walter sold 2,780 shares of the company’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $100.61, for a total value of $279,695.80. Following the completion of the sale, the director now owns 3,629 shares in the company, valued at approximately $365,113.69. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO David W. Gibbs sold 1,531 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $99.54, for a total transaction of $152,395.74. Following the completion of the sale, the chief financial officer now owns 41,345 shares of the company’s stock, valued at approximately $4,115,481.30. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,251 shares of company stock valued at $1,328,764. 0.67% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Morgan Stanley increased its holdings in 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 increased its position in 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 purchasing an additional 2,822 shares during the period. Lavaca Capital LLC acquired a new stake in Yum! Brands in the fourth quarter worth about $62,000. Rossmore Private Capital increased its position in Yum! Brands by 7.0% in the fourth quarter. Rossmore Private Capital now owns 4,596 shares of the restaurant operator’s stock worth $422,000 after purchasing an additional 300 shares during the period. Finally, Eukles Asset Management acquired a new stake in Yum! Brands in the fourth quarter worth about $1,427,000. Hedge funds and other institutional investors own 75.09% of the company’s stock.

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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