Yum! Brands, Inc. (NYSE:YUM) shares hit a new 52-week high on Tuesday . The company traded as high as $112.29 and last traded at $112.29, with a volume of 3886 shares. The stock had previously closed at $110.64.

A number of equities analysts recently weighed in on the company. Atlantic Securities assumed coverage on Yum! Brands in a research note on Tuesday. They issued a “neutral” rating and a $118.00 price target on the stock. MKM Partners lifted their price target on Yum! Brands from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, January 7th. Deutsche Bank Aktiengesellschaft lifted their price target on Yum! Brands from $107.00 to $113.00 and gave the stock a “buy” rating in a research note on Friday, February 5th. The Goldman Sachs Group assumed coverage on Yum! Brands in a research note on Tuesday, January 19th. They issued a “sell” rating and a $103.00 price target on the stock. Finally, JPMorgan Chase & Co. lifted their price target on Yum! Brands from $102.00 to $106.00 and gave the stock a “neutral” rating in a research note on Monday, December 14th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $104.11.

The firm has a market capitalization of $34.22 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 2.49 and a beta of 0.93. The company has a fifty day moving average price of $106.53 and a 200-day moving average price of $103.52.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, February 3rd. The restaurant operator reported $1.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.14. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.72 billion. Yum! Brands had a negative return on equity of 12.42% and a net margin of 18.78%. The firm’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 EPS. On average, research analysts anticipate that Yum! Brands, Inc. will post 3.17 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 12th. Stockholders of record on Friday, February 12th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.75%. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Thursday, February 11th. Yum! Brands’s payout ratio is currently 56.34%.

In related news, CEO David W. Gibbs sold 2,540 shares of the business’s stock in a transaction that occurred on Friday, January 15th. The stock was sold at an average price of $107.52, for a total value of $273,100.80. Following the completion of the sale, the chief executive officer now directly owns 14,145 shares in the company, valued at approximately $1,520,870.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 1,282 shares of the business’s stock in a transaction that occurred on Monday, March 29th. The stock was sold at an average price of $108.00, for a total value of $138,456.00. Following the completion of the sale, the chief executive officer now owns 22,256 shares of the company’s stock, valued at $2,403,648. The disclosure for this sale can be found here. 0.72% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of YUM. Nuveen Asset Management LLC lifted its holdings in Yum! Brands by 6.9% in the 3rd quarter. Nuveen Asset Management LLC now owns 2,785,256 shares of the restaurant operator’s stock worth $254,294,000 after purchasing an additional 180,936 shares during the last quarter. Lombard Odier Asset Management Europe Ltd bought a new position in Yum! Brands in the 3rd quarter worth approximately $236,000. AQR Capital Management LLC increased its position in Yum! Brands by 1.4% in the 3rd quarter. AQR Capital Management LLC now owns 1,315,393 shares of the restaurant operator’s stock worth $120,095,000 after buying an additional 18,504 shares during the period. Point72 Asset Management L.P. increased its position in Yum! Brands by 200.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 759,534 shares of the restaurant operator’s stock worth $69,345,000 after buying an additional 506,437 shares during the period. Finally, Great West Life Assurance Co. Can increased its position in Yum! Brands by 4.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 283,526 shares of the restaurant operator’s stock worth $25,893,000 after buying an additional 12,715 shares during the period. Hedge funds and other institutional investors own 75.22% of the company’s stock.

Yum! Brands Company Profile (NYSE:YUM)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Pizza Hut Division, the Taco Bell Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.

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