Yum! Brands, Inc. (NYSE:YUM) Receives $151.60 Average PT from Analysts

by · The Cerbat Gem

Yum! Brands, Inc. (NYSE:YUM – Get Free Report) has been assigned a consensus recommendation of “Hold” from the twenty-two ratings firms that are currently covering the firm, MarketBeat reports. Sixteen equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $152.24.

A number of analysts have recently weighed in on YUM shares. TD Securities restated a “hold” rating and issued a $164.00 target price on shares of Yum! Brands in a research note on Monday, March 31st. Oppenheimer boosted their target price on shares of Yum! Brands from $154.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Morgan Stanley increased their price target on shares of Yum! Brands from $146.00 to $150.00 and gave the company an “equal weight” rating in a research note on Thursday, March 13th. Argus upgraded shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research report on Tuesday, December 31st. Finally, JPMorgan Chase & Co. increased their price objective on Yum! Brands from $138.00 to $160.00 and gave the company a “neutral” rating in a research report on Thursday, March 20th.

Get Our Latest Stock Report on Yum! Brands

Yum! Brands Price Performance

YUM stock opened at $146.01 on Tuesday. The business has a fifty day moving average price of $152.36 and a 200 day moving average price of $140.08. Yum! Brands has a fifty-two week low of $122.13 and a fifty-two week high of $163.30. The stock has a market capitalization of $40.75 billion, a price-to-earnings ratio of 27.97, a P/E/G ratio of 2.31 and a beta of 0.90.

Yum! Brands Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a $0.71 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a positive change from Yum! Brands’s previous quarterly dividend of $0.67. This represents a $2.84 annualized dividend and a yield of 1.95%. Yum! Brands’s dividend payout ratio (DPR) is 54.41%.

Insider Transactions at Yum! Brands

In other news, CEO David W. Gibbs sold 30,604 shares of Yum! Brands stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $159.46, for a total transaction of $4,880,113.84. Following the transaction, the chief executive officer now owns 160,296 shares in the company, valued at $25,560,800.16. The trade was a 16.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Tracy L. Skeans sold 8,638 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $158.36, for a total value of $1,367,913.68. Following the sale, the chief operating officer now directly owns 2,970 shares of the company’s stock, valued at approximately $470,329.20. The trade was a 74.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,132 shares of company stock valued at $7,952,685 over the last three months. 0.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Yum! Brands

Several institutional investors have recently added to or reduced their stakes in YUM. Bank of New York Mellon Corp raised its stake in shares of Yum! Brands by 4.2% in the 4th quarter. Bank of New York Mellon Corp now owns 2,355,367 shares of the restaurant operator’s stock valued at $315,996,000 after purchasing an additional 94,026 shares during the period. Toronto Dominion Bank grew its holdings in shares of Yum! Brands by 15.5% during the third quarter. Toronto Dominion Bank now owns 127,446 shares of the restaurant operator’s stock worth $17,805,000 after buying an additional 17,133 shares in the last quarter. Cantillon Capital Management LLC raised its position in Yum! Brands by 31.7% in the 4th quarter. Cantillon Capital Management LLC now owns 1,880,379 shares of the restaurant operator’s stock valued at $252,272,000 after buying an additional 452,339 shares during the last quarter. DJE Kapital AG bought a new stake in Yum! Brands in the 4th quarter valued at approximately $3,306,000. Finally, Forsta AP Fonden boosted its position in Yum! Brands by 5.3% during the 4th quarter. Forsta AP Fonden now owns 110,500 shares of the restaurant operator’s stock worth $14,825,000 after acquiring an additional 5,600 shares during the last quarter. 82.37% of the stock is owned by institutional investors.

About Yum! Brands

(Get Free Report

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also 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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