The Yum Brands Inc. (YUM) Given “Hold” Rating at Edward Jones

The Yum Brands Inc. (YUM) Given “Hold” Rating at Edward Jones

Yum Brands Inc. (NYSE:YUM)‘s stock had its “hold” rating reaffirmed by research analysts at Edward Jones in a report released on Wednesday.

YUM has been the topic of several other research reports. Citigroup Inc. lifted their price target on shares of Yum Brands from $88.00 to $96.00 and gave the stock a “neutral” rating in a research report on Friday, September 9th. Morgan Stanley lifted their price target on shares of Yum Brands from $86.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 28th. Zacks Investment Research lowered shares of Yum Brands from a “hold” rating to a “sell” rating in a research report on Monday, September 19th. Nomura restated a “buy” rating and issued a $95.00 price target (up previously from $92.00) on shares of Yum Brands in a research report on Wednesday, June 22nd. Finally, Vetr upgraded shares of Yum Brands from a “sell” rating to a “buy” rating and set a $95.24 price target on the stock in a research report on Monday, September 26th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $91.86.

Shares of Yum Brands (NYSE:YUM) traded up 0.32% on Wednesday, hitting $87.72. The company’s stock had a trading volume of 6,254,439 shares. The stock’s 50 day moving average is $89.48 and its 200-day moving average is $85.26. The company has a market cap of $34.20 billion, a price-to-earnings ratio of 26.44 and a beta of 0.76. Yum Brands has a 52 week low of $64.58 and a 52 week high of $91.99.

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Yum Brands (NYSE:YUM) last posted its quarterly earnings data on Wednesday, October 5th. The restaurant operator reported $1.09 EPS for the quarter, missing the Zacks’ consensus estimate of $1.10 by $0.01. Yum Brands had a net margin of 12.62% and a negative return on equity of 589.18%. The company had revenue of $3.32 billion for the quarter. During the same quarter in the previous year, the company earned $1.00 EPS. Yum Brands’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, equities research analysts anticipate that Yum Brands will post $3.70 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 4th. Investors of record on Wednesday, October 19th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Monday, October 17th. This represents a $2.04 dividend on an annualized basis and a yield of 2.33%. This is a boost from Yum Brands’s previous quarterly dividend of $0.46. Yum Brands’s payout ratio is presently 46.82%.

In other Yum Brands news, VP David Eric Russell sold 5,213 shares of the business’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $90.00, for a total value of $469,170.00. Following the transaction, the vice president now directly owns 14,428 shares in the company, valued at $1,298,520. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Roger G. Eaton sold 53,518 shares of the business’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of $91.72, for a total transaction of $4,908,670.96. Following the completion of the transaction, the chief executive officer now owns 245,736 shares in the company, valued at $22,538,905.92. The disclosure for this sale can be found here. 7.38% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC raised its position in shares of Yum Brands by 9.2% in the second quarter. Advisory Services Network LLC now owns 1,292 shares of the restaurant operator’s stock worth $107,000 after buying an additional 109 shares during the last quarter. Tortoise Investment Management LLC raised its position in shares of Yum Brands by 10.4% in the second quarter. Tortoise Investment Management LLC now owns 1,325 shares of the restaurant operator’s stock worth $110,000 after buying an additional 125 shares during the last quarter. Zions Bancorporation raised its position in shares of Yum Brands by 17.1% in the first quarter. Zions Bancorporation now owns 1,508 shares of the restaurant operator’s stock worth $121,000 after buying an additional 220 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new position in shares of Yum Brands during the second quarter worth about $130,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Yum Brands by 637.5% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,652 shares of the restaurant operator’s stock worth $137,000 after buying an additional 1,428 shares during the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

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