Yum! Brands (NYSE:YUM) Stock Price Expected to Rise, TD Securities Analyst Says

Yum! Brands (NYSE:YUM) had its target price increased by stock analysts at TD Securities from $151.00 to $164.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. TD Securities’ price target suggests a potential upside of 2.62% from the stock’s current price.

A number of other brokerages have also issued reports on YUM. TD Cowen reaffirmed a “hold” rating and set a $140.00 target price on shares of Yum! Brands in a research report on Thursday, February 6th. Citigroup reaffirmed a “neutral” rating and set a $141.00 target price (down from $153.00) on shares of Yum! Brands in a research report on Friday, January 10th. Loop Capital cut their target price on Yum! Brands from $143.00 to $140.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft cut their target price on Yum! Brands from $147.00 to $145.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $140.00 target price (down from $158.00) on shares of Yum! Brands in a research report on Tuesday, January 21st. Fourteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $150.65.

Yum! Brands Stock Up 0.3 %

Shares of Yum! Brands stock opened at $159.81 on Wednesday. The stock’s fifty day moving average is $138.29 and its 200-day moving average is $136.21. The firm has a market capitalization of $44.60 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 2.31 and a beta of 1.03. Yum! Brands has a 12-month low of $122.13 and a 12-month high of $161.28.

Insider Transactions at Yum! Brands

In other news, VP David Eric Russell sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $158.66, for a total transaction of $793,300.00. Following the completion of the sale, the vice president now owns 11,960 shares in the company, valued at approximately $1,897,573.60. This represents a 29.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO David W. Gibbs sold 3,815 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $137.06, for a total value of $522,883.90. Following the sale, the chief executive officer now owns 149,385 shares of the company’s stock, valued at approximately $20,474,708.10. This trade represents a 2.49 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,419 shares of company stock worth $6,196,298. 0.31% of the stock is owned by corporate insiders.

Institutional Trading of Yum! Brands

Several large investors have recently made changes to their positions in the stock. Wood Tarver Financial Group LLC bought a new stake in Yum! Brands during the 4th quarter valued at approximately $62,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Yum! Brands during the 4th quarter valued at approximately $43,944,000. Bernard Wealth Management Corp. bought a new stake in Yum! Brands during the 4th quarter valued at approximately $95,000. Lakeshore Capital Group Inc. bought a new stake in Yum! Brands during the 4th quarter valued at approximately $475,000. Finally, B. Riley Wealth Advisors Inc. boosted its stake in Yum! Brands by 20.5% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 2,384 shares of the restaurant operator’s stock valued at $320,000 after purchasing an additional 405 shares during the period. Institutional investors 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.