MKM Partners assumed coverage on shares of Yum! Brands (NYSE:YUM) in a report issued on Tuesday, BenzingaRatingsTable reports. The firm issued a neutral rating and a $125.00 price target on the restaurant operator’s stock.

A number of other analysts have also recently commented on YUM. Citigroup lifted their target price on Yum! Brands from $103.00 to $105.00 and gave the stock a neutral rating in a research report on Tuesday, May 21st. Zacks Investment Research cut Yum! Brands from a buy rating to a hold rating in a research report on Monday, April 22nd. Robert W. Baird reiterated an outperform rating and set a $112.00 target price on shares of Yum! Brands in a research report on Monday, April 29th. UBS Group lifted their target price on Yum! Brands from $105.00 to $112.00 and gave the stock a buy rating in a research report on Wednesday, May 29th. Finally, Stifel Nicolaus lifted their target price on Yum! Brands from $100.00 to $110.00 and gave the stock a hold rating in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $110.65.

Yum! Brands stock opened at $115.62 on Tuesday. The stock’s fifty day moving average is $113.39 and its two-hundred day moving average is $103.93. Yum! Brands has a 1-year low of $83.39 and a 1-year high of $119.72. The stock has a market cap of $35.18 billion, a PE ratio of 36.47, a P/E/G ratio of 2.47 and a beta of 0.53.

Yum! Brands (NYSE:YUM) last posted its earnings results on Thursday, August 1st. The restaurant operator reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.06. Yum! Brands had a negative return on equity of 13.02% and a net margin of 24.29%. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the previous year, the firm earned $0.82 earnings per share. The business’s revenue was down 4.2% compared to the same quarter last year. As a group, analysts anticipate that Yum! Brands will post 3.87 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Monday, August 19th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, August 16th. Yum! Brands’s dividend payout ratio is currently 53.00%.

In related news, insider Tracy L. Skeans sold 6,049 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $110.00, for a total transaction of $665,390.00. Following the transaction, the insider now owns 9,106 shares of the company’s stock, valued at $1,001,660. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, President David W. Gibbs sold 1,593 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $115.67, for a total value of $184,262.31. Following the transaction, the president now directly owns 43,867 shares in the company, valued at approximately $5,074,095.89. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,755 shares of company stock worth $6,072,849. Corporate insiders own 0.67% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in YUM. BlackRock Inc. grew its holdings in shares of Yum! Brands by 13.3% during the second quarter. BlackRock Inc. now owns 25,133,613 shares of the restaurant operator’s stock worth $2,781,538,000 after buying an additional 2,947,074 shares during the last quarter. FMR LLC boosted its holdings in Yum! Brands by 139.0% in the 1st quarter. FMR LLC now owns 2,658,807 shares of the restaurant operator’s stock valued at $265,376,000 after purchasing an additional 1,546,142 shares in the last quarter. Nuveen Asset Management LLC boosted its holdings in Yum! Brands by 14,945.7% in the 2nd quarter. Nuveen Asset Management LLC now owns 1,219,002 shares of the restaurant operator’s stock valued at $134,907,000 after purchasing an additional 1,210,900 shares in the last quarter. APG Asset Management N.V. boosted its holdings in Yum! Brands by 41.3% in the 2nd quarter. APG Asset Management N.V. now owns 3,505,024 shares of the restaurant operator’s stock valued at $340,623,000 after purchasing an additional 1,024,300 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Yum! Brands by 233.9% in the 1st quarter. Janus Henderson Group PLC now owns 845,079 shares of the restaurant operator’s stock valued at $84,348,000 after purchasing an additional 591,961 shares in the last quarter. 74.97% of the stock is currently owned by hedge funds and other institutional investors.

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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