Yum! Brands (NYSE:YUM) Price Target Increased to $148.00 by Analysts at Barclays

Yum! Brands (NYSE:YUM) had its price target raised by Barclays from $144.00 to $148.00 in a research report released on Thursday, Benzinga reports. They currently have an overweight rating on the restaurant operator’s stock.

Other analysts also recently issued reports about the company. BMO Capital Markets upped their price objective on Yum! Brands from $133.00 to $135.00 and gave the company a market perform rating in a research report on Thursday. Royal Bank of Canada decreased their price target on shares of Yum! Brands from $145.00 to $141.00 and set a sector perform rating on the stock in a research note on Friday, February 9th. Argus reiterated a hold rating on shares of Yum! Brands in a report on Wednesday, April 10th. JPMorgan Chase & Co. upped their price objective on shares of Yum! Brands from $133.00 to $134.00 and gave the company a neutral rating in a research note on Tuesday, March 19th. Finally, TD Cowen reaffirmed a buy rating and issued a $160.00 target price on shares of Yum! Brands in a research note on Wednesday, May 1st. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus price target of $143.53.

Yum! Brands Trading Down 0.5 %

Shares of YUM opened at $134.34 on Thursday. The stock’s 50 day moving average is $138.17 and its two-hundred day moving average is $131.69. The firm has a market capitalization of $37.82 billion, a PE ratio of 23.82, a P/E/G ratio of 2.12 and a beta of 1.07. Yum! Brands has a twelve month low of $115.53 and a twelve month high of $143.20.

Yum! Brands (NYSE:YUM) last announced its quarterly earnings results on Wednesday, May 1st. The restaurant operator reported $1.15 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.05). The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Yum! Brands had a negative return on equity of 18.64% and a net margin of 22.92%. Yum! Brands’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm earned $1.06 EPS. On average, sell-side analysts predict that Yum! Brands will post 5.67 EPS for the current year.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 7,067 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total value of $963,514.78. Following the transaction, the chief executive officer now directly owns 175,377 shares in the company, valued at approximately $23,910,900.18. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO David W. Gibbs sold 7,067 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $136.34, for a total transaction of $963,514.78. Following the completion of the sale, the chief executive officer now owns 175,377 shares in the company, valued at approximately $23,910,900.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David W. Gibbs sold 7,078 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $138.37, for a total transaction of $979,382.86. Following the completion of the transaction, the chief executive officer now owns 172,128 shares in the company, valued at approximately $23,817,351.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,064 shares of company stock valued at $3,228,698. Company insiders own 0.31% of the company’s stock.

Institutional Trading of Yum! Brands

A number of institutional investors have recently added to or reduced their stakes in YUM. Global Retirement Partners LLC boosted its holdings in Yum! Brands by 14.1% in the 4th quarter. Global Retirement Partners LLC now owns 631 shares of the restaurant operator’s stock worth $82,000 after acquiring an additional 78 shares during the period. Calamos Wealth Management LLC raised its position in shares of Yum! Brands by 5.0% in the 4th quarter. Calamos Wealth Management LLC now owns 1,692 shares of the restaurant operator’s stock valued at $221,000 after purchasing an additional 80 shares in the last quarter. Perigon Wealth Management LLC raised its position in shares of Yum! Brands by 1.0% in the 4th quarter. Perigon Wealth Management LLC now owns 8,003 shares of the restaurant operator’s stock valued at $1,046,000 after purchasing an additional 81 shares in the last quarter. Choreo LLC raised its position in shares of Yum! Brands by 1.6% in the 1st quarter. Choreo LLC now owns 5,312 shares of the restaurant operator’s stock valued at $737,000 after purchasing an additional 82 shares in the last quarter. Finally, Claro Advisors LLC raised its position in shares of Yum! Brands by 0.9% in the 4th quarter. Claro Advisors LLC now owns 8,847 shares of the restaurant operator’s stock valued at $1,156,000 after purchasing an additional 83 shares in the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.

About Yum! Brands

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.