Yum! Brands, Inc. (YUM) Rating Reiterated by Instinet
- Author: Zachary Reyes Jun 07, 2017,
Jun 07, 2017, 23:16
Several research analysts have weighed in on YUM shares. Brands in a report on Wednesday, February 1st. Comps grew 2% and 1% in worldwide emerging and global developed markets respectively, but plunged 7% in the U.S. Brands from an "in-line" rating to an "outperform" rating in a research report on Friday, March 10th.
In other Yum China Holdings news, insider Riu Sun sold 3,377 shares of the company's stock in a transaction on Wednesday, April 12th. Longbow Research cut shares of Yum! Argus raised shares of Yum! Brands to $70.00 in a research report on Friday, February 10th. One equities research analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The stock's average target of $87.50 is 17.73% above today's ($74.32) share price. Brands, Inc. (NYSE:YUM). Cullinan Assocs holds 0.36% or 66,470 shares. It has a market cap of $15.57 Billion. The stock has a 50-day moving average of $68.77 and a 200-day moving average of $65.67. Yum! According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $84.33 on company shares. Brands, Inc. (NYSE:YUM) news were published by: Nasdaq.com which released: "Yum!" YUM's profit would be $222.54M giving it 29.50 P/E if the $0.63 EPS is correct. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.38 billion. Brands had a negative return on equity of 75.96% and a net margin of 14.76%.
Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $1.19 while three months ago that trend was for $1.20. On average, equities analysts expect that Yum! Brands will post $2.77 EPS for the current year. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. This represents a $1.20 annualized dividend and a dividend yield of 1.66%. Yum! It has a 31.94 P/E ratio. Brands, Inc. (NYSE:YUM). M&R Capital Incorporated has invested 0.21% in Yum! The stock of Yum China Holdings Inc (NYSE:YUMC) earned "Buy" rating by Deutsche Bank on Friday, February 24. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and worldwide trademark and copyright legislation. Brands, Inc. (NYSE:YUM) has risen 21.70% since June 6, 2016 and is uptrending.
Qci Asset New York reported 351 shares. The shares were sold at an average price of $32.44, for a total transaction of $109,549.88. Sumitomo Mitsui Tru Hldg Inc reported 1.11 million shares or 0.11% of all its holdings. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The shares were sold at an average price of $68.83, for a total transaction of $559,243.75. Following the completion of the sale, the chief financial officer now directly owns 39,181 shares in the company, valued at $2,696,828.23. The disclosure for this purchase can be found here. Ltd has invested 5.16% in the stock. Inc. now owns 6,994 shares of the restaurant operator's stock worth $447,000 after buying an additional 324 shares during the last quarter. Brands during the third quarter valued at $207,000. BlackRock Inc. now owns 20,053,997 shares of the restaurant operator's stock worth $1,281,452,000 after buying an additional 19,249,564 shares during the last quarter. Intrust Bank NA purchased a new stake in Yum China Holdings during the first quarter valued at about $201,000. Morgan Stanley increased its position in Yum! Brands by 82.4% in the first quarter. Webster Bank N.A. now owns 4,080 shares of the company's stock valued at $111,000 after buying an additional 625 shares during the period. Piedmont Investment Advisors LLC increased its stake in Yum! Brands by 166.4% in the third quarter.
Hedge funds have recently bought and sold shares of the company. Finally, California Public Employees Retirement System increased its position in Yum! Brands by 101.6% in the fourth quarter. 7,986 Yum! Brands, Inc.
Shares of Yum! Brands, Inc. has a one year low of $59.57 and a one year high of $91.99. As of December 31, 2016, the Company had over 7,500 restaurants in China. The Company's divisions include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell.