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

Yum! Brands (NYSE:YUM) had its price objective dropped by analysts at Deutsche Bank Aktiengesellschaft from $147.00 to $145.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the restaurant operator’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 5.79% from the company’s previous close.

Other equities analysts have also issued reports about the company. Stifel Nicolaus dropped their price target on Yum! Brands from $135.00 to $130.00 and set a “hold” rating for the company in a research note on Monday, July 22nd. Evercore ISI lowered shares of Yum! Brands from an “outperform” rating to an “inline” rating and cut their target price for the company from $160.00 to $145.00 in a report on Tuesday, July 16th. Morgan Stanley reduced their price target on shares of Yum! Brands from $155.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. JPMorgan Chase & Co. increased their price objective on shares of Yum! Brands from $137.00 to $144.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Finally, Bank of America decreased their target price on shares of Yum! Brands from $147.00 to $145.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $145.94.

Yum! Brands Price Performance

YUM stock opened at $137.06 on Wednesday. Yum! Brands has a 1-year low of $123.60 and a 1-year high of $143.20. The business has a 50 day simple moving average of $134.23 and a two-hundred day simple moving average of $134.81. The company has a market capitalization of $38.54 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 2.09 and a beta of 1.10.

Yum! Brands (NYSE:YUM) last posted 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). The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Yum! Brands had a net margin of 21.96% and a negative return on equity of 18.90%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.44 earnings per share. Sell-side analysts anticipate that Yum! Brands will post 5.59 EPS for the current fiscal year.

Insider Activity at Yum! Brands

In other Yum! Brands news, Director Weir Mirian M. Graddick sold 1,309 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total value of $179,856.60. Following the transaction, the director now directly owns 1,233 shares in the company, valued at $169,414.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Yum! Brands news, insider Scott Catlett sold 8,234 shares of the stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $137.79, for a total transaction of $1,134,562.86. Following the transaction, the insider now directly owns 29,159 shares in the company, valued at $4,017,818.61. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Weir Mirian M. Graddick sold 1,309 shares of the firm’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $137.40, for a total transaction of $179,856.60. Following the transaction, the director now directly owns 1,233 shares in the company, valued at $169,414.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 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.

Hedge Funds Weigh In On Yum! Brands

Hedge funds and other institutional investors have recently modified their holdings of the business. Fifth Third Wealth Advisors LLC raised its stake in Yum! Brands by 3.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 5,214 shares of the restaurant operator’s stock worth $728,000 after buying an additional 183 shares in the last quarter. Prospera Financial Services Inc raised its position in shares of Yum! Brands by 3.7% in the 3rd quarter. Prospera Financial Services Inc now owns 7,112 shares of the restaurant operator’s stock worth $994,000 after acquiring an additional 253 shares in the last quarter. Cantillon Capital Management LLC lifted its stake in shares of Yum! Brands by 3.8% during the 3rd quarter. Cantillon Capital Management LLC now owns 1,428,040 shares of the restaurant operator’s stock worth $199,511,000 after purchasing an additional 51,690 shares during the last quarter. Aviance Capital Partners LLC purchased a new stake in shares of Yum! Brands during the 3rd quarter worth $204,000. Finally, OneAscent Wealth Management LLC purchased a new position in Yum! Brands in the third quarter valued at about $309,000. 82.37% of the stock is currently owned by institutional investors.

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.