Trade Report: The Yum Brands’ (YUM) Hold Rating Reaffirmed at BTIG Research

The Yum Brands’ (YUM) Hold Rating Reaffirmed at BTIG Research

BTIG Research reiterated their hold rating on shares of Yum Brands Inc. (NYSE:YUM) in a report released on Thursday morning.

Several other equities analysts also recently commented on the company. Robert W. Baird reaffirmed a neutral rating and issued a $92.00 target price on shares of Yum Brands in a research report on Wednesday, September 7th. Oppenheimer Holdings Inc. reaffirmed an outperform rating and issued a $97.00 target price (up previously from $96.00) on shares of Yum Brands in a research report on Sunday, October 2nd. Zacks Investment Research downgraded Yum Brands from a hold rating to a sell rating in a research report on Monday, September 19th. Wells Fargo & Co. reaffirmed a market weight rating and issued a $87.00 target price on shares of Yum Brands in a research report on Sunday, October 2nd. Finally, Vetr downgraded Yum Brands from a buy rating to a hold rating and set a $86.90 target price on the stock. in a research report on Monday, June 20th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $91.61.

Shares of Yum Brands (NYSE:YUM) traded up 0.49% during trading on Thursday, reaching $87.87. The company’s stock had a trading volume of 5,079,139 shares. Yum Brands has a 52-week low of $64.58 and a 52-week high of $91.99. The firm’s 50-day moving average is $89.57 and its 200 day moving average is $85.20. The company has a market cap of $34.26 billion, a PE ratio of 26.48 and a beta of 0.76.

Yum Brands (NYSE:YUM) last posted its earnings results on Wednesday, October 5th. The restaurant operator reported $1.09 EPS for the quarter, missing the consensus estimate of $1.10 by $0.01. Yum Brands had a net margin of 12.62% and a return on equity of 511.71%. The firm earned $3.32 billion during the quarter. During the same quarter last year, the firm earned $1.00 earnings per share. The company’s revenue was down 3.2% compared to the same quarter last year. On average, equities research analysts predict that Yum Brands will post $3.70 EPS for the current fiscal year.

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

In other Yum Brands news, CEO Muktesh Pant sold 91,228 shares of Yum Brands stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $89.94, for a total transaction of $8,205,046.32. Following the transaction, the chief executive officer now owns 62,660 shares of the company’s stock, valued at approximately $5,635,640.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Roger G. Eaton sold 53,518 shares of Yum Brands stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $91.72, for a total transaction of $4,908,670.96. Following the transaction, the chief executive officer now directly owns 245,736 shares in the company, valued at approximately $22,538,905.92. The disclosure for this sale can be found here. Company insiders own 7.38% of the company’s stock.

Several institutional investors have recently bought and sold shares of YUM. Burke & Herbert Bank & Trust Co. boosted its position in Yum Brands by 13.2% in the third quarter. Burke & Herbert Bank & Trust Co. now owns 5,469 shares of the restaurant operator’s stock valued at $497,000 after buying an additional 636 shares in the last quarter. Washington Trust Bank boosted its position in Yum Brands by 1.3% in the third quarter. Washington Trust Bank now owns 2,028 shares of the restaurant operator’s stock valued at $184,000 after buying an additional 26 shares in the last quarter. LVM Capital Management Ltd. MI purchased a new position in Yum Brands during the third quarter valued at approximately $207,000. Cullinan Associates Inc. boosted its position in Yum Brands by 4.7% in the third quarter. Cullinan Associates Inc. now owns 67,150 shares of the restaurant operator’s stock valued at $6,098,000 after buying an additional 3,000 shares in the last quarter. Finally, Williams Jones & Associates LLC purchased a new position in Yum Brands during the second quarter valued at approximately $459,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Yum Brands Company Profile

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