Yum! Brands, Inc. (NYSE:YUM) Receives $126.33 Consensus Price Target from Analysts

Yum! Brands, Inc. (NYSE:YUM) has earned an average rating of “Hold” from the twenty-one analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $126.33.

A number of equities analysts have recently commented on the stock. Cowen raised their price objective on shares of Yum! Brands from $117.00 to $134.00 and gave the company a “market perform” rating in a research report on Friday, July 30th. Guggenheim began coverage on shares of Yum! Brands in a research report on Monday, July 26th. They set a “buy” rating and a $135.00 price target for the company. BMO Capital Markets increased their price objective on Yum! Brands from $120.00 to $138.00 and gave the stock a “market perform” rating in a research report on Friday, July 30th. Zacks Investment Research cut Yum! Brands from a “buy” rating to a “hold” rating and set a $132.00 target price for the company. in a research report on Tuesday, September 28th. Finally, Loop Capital started coverage on Yum! Brands in a research note on Tuesday, October 5th. They issued a “hold” rating and a $120.00 target price on the stock.

In other news, COO Tracy L. Skeans sold 4,894 shares of the business’s stock in a transaction that occurred on Tuesday, July 27th. The stock was sold at an average price of $125.00, for a total value of $611,750.00. Following the sale, the chief operating officer now directly owns 19,050 shares of the company’s stock, valued at approximately $2,381,250. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Tracy L. Skeans sold 18,824 shares of Yum! Brands stock in a transaction dated Friday, July 30th. The stock was sold at an average price of $129.71, for a total value of $2,441,661.04. Following the completion of the transaction, the chief operating officer now directly owns 20,729 shares of the company’s stock, valued at approximately $2,688,758.59. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,735 shares of company stock valued at $3,984,227. Insiders own 0.37% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. St. Johns Investment Management Company LLC increased its holdings in shares of Yum! Brands by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 4,771 shares of the restaurant operator’s stock worth $549,000 after purchasing an additional 76 shares in the last quarter. Maryland State Retirement & Pension System raised its position in Yum! Brands by 0.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 23,171 shares of the restaurant operator’s stock worth $2,694,000 after buying an additional 77 shares during the last quarter. Valeo Financial Advisors LLC grew its stake in shares of Yum! Brands by 0.7% in the second quarter. Valeo Financial Advisors LLC now owns 11,029 shares of the restaurant operator’s stock worth $1,269,000 after acquiring an additional 81 shares during the period. RiverFront Investment Group LLC raised its holdings in shares of Yum! Brands by 3.9% during the second quarter. RiverFront Investment Group LLC now owns 2,209 shares of the restaurant operator’s stock valued at $254,000 after purchasing an additional 82 shares during the last quarter. Finally, Meridian Wealth Management LLC lifted its position in Yum! Brands by 1.3% during the second quarter. Meridian Wealth Management LLC now owns 6,542 shares of the restaurant operator’s stock valued at $753,000 after purchasing an additional 85 shares during the period. Institutional investors own 78.31% of the company’s stock.

NYSE:YUM opened at $123.52 on Monday. Yum! Brands has a 1 year low of $92.22 and a 1 year high of $135.77. The stock’s fifty day moving average price is $129.03 and its two-hundred day moving average price is $122.12. The company has a market cap of $36.52 billion, a P/E ratio of 28.33, a P/E/G ratio of 2.44 and a beta of 1.09.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, July 28th. The restaurant operator reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.21. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Yum! Brands had a negative return on equity of 16.99% and a net margin of 21.21%. During the same quarter in the prior year, the firm posted $0.82 EPS. Equities analysts forecast that Yum! Brands will post 4.43 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 10th. Shareholders of record on Friday, August 27th were paid a $0.50 dividend. The ex-dividend date was Thursday, August 26th. This represents a $2.00 dividend on an annualized basis and a yield of 1.62%. Yum! Brands’s dividend payout ratio (DPR) is currently 55.25%.

Yum! Brands Company Profile

Yum! Brands, Inc operates as a service restaurant company. The firm engages in the development, operation, franchise, and licenses a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, Taco Bell Division, and Habit Burger Grill Division. The KFC Division segment comprises of all operations of the KFC concept.

See Also: Debt-To-Equity Ratio

Analyst Recommendations for Yum! Brands (NYSE:YUM)

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