Yum! Brands (NYSE:YUM) Price Target Cut to $145.00 by Analysts at Deutsche Bank Aktiengesellschaft

Yum! Brands (NYSE:YUM) had its target price lowered by Deutsche Bank Aktiengesellschaft from $147.00 to $145.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has a hold rating on the restaurant operator’s stock.

YUM has been the topic of several other reports. TD Cowen downgraded Yum! Brands from a “buy” rating to a “hold” rating and reduced their target price for the stock from $156.00 to $145.00 in a research report on Wednesday, October 16th. Bank of America cut their price objective on Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a report on Tuesday, October 22nd. JPMorgan Chase & Co. raised their price objective on Yum! Brands from $137.00 to $144.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Robert W. Baird raised their price objective on Yum! Brands from $150.00 to $154.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, Morgan Stanley cut their price objective on Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a report on Tuesday, July 16th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $145.94.

Yum! Brands Trading Down 0.3 %

NYSE YUM opened at $134.37 on Wednesday. The business’s 50-day moving average price is $134.23 and its 200 day moving average price is $134.81. Yum! Brands has a twelve month low of $123.60 and a twelve month high of $143.20. The company has a market capitalization of $37.78 billion, a PE ratio of 25.12, a price-to-earnings-growth ratio of 2.09 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last released its earnings results on Tuesday, November 5th. The restaurant operator reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). Yum! Brands had a negative return on equity of 18.90% and a net margin of 21.96%. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter last year, the company posted $1.44 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities analysts predict that Yum! Brands will post 5.59 EPS for the current year.

Yum! Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, August 27th were paid a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.99%. Yum! Brands’s dividend payout ratio (DPR) is currently 50.09%.

Insider Buying and Selling at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $137.40, for a total transaction of $179,856.60. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at $169,414.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Scott Catlett sold 8,234 shares of Yum! Brands stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $137.79, for a total value of $1,134,562.86. Following the completion of the transaction, the insider now owns 29,159 shares in the company, valued at approximately $4,017,818.61. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of Yum! Brands stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $137.40, for a total value of $179,856.60. Following the completion of the transaction, the director now owns 1,233 shares of the company’s stock, valued at approximately $169,414.20. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,622 shares of company stock worth $4,172,740 in the last 90 days. 0.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in YUM. Vanguard Group Inc. grew its position in shares of Yum! Brands by 24.0% in the 1st quarter. Vanguard Group Inc. now owns 29,012,969 shares of the restaurant operator’s stock worth $4,022,648,000 after acquiring an additional 5,607,517 shares in the last quarter. Capital World Investors grew its position in shares of Yum! Brands by 23.7% in the 1st quarter. Capital World Investors now owns 18,121,611 shares of the restaurant operator’s stock worth $2,512,561,000 after acquiring an additional 3,470,883 shares in the last quarter. Cantillon Capital Management LLC acquired a new position in shares of Yum! Brands in the 1st quarter worth approximately $200,668,000. Capital International Investors grew its position in shares of Yum! Brands by 10.2% in the 1st quarter. Capital International Investors now owns 14,669,356 shares of the restaurant operator’s stock worth $2,033,906,000 after acquiring an additional 1,362,813 shares in the last quarter. Finally, TD Asset Management Inc grew its position in shares of Yum! Brands by 36.6% in the 1st quarter. TD Asset Management Inc now owns 2,174,526 shares of the restaurant operator’s stock worth $301,498,000 after acquiring an additional 582,267 shares in the last quarter. Institutional investors and hedge funds own 82.37% of the company’s stock.

Yum! Brands Company Profile

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.