Traders Sell Yum! Brands, Inc. (YUM) on Strength (YUM)

Investors sold shares of Yum! Brands, Inc. (NYSE:YUM) on strength during trading hours on Monday. $12.27 million flowed into the stock on the tick-up and $27.20 million flowed out of the stock on the tick-down, for a money net flow of $14.93 million out of the stock. Of all equities tracked, Yum! Brands had the 0th highest net out-flow for the day. Yum! Brands traded up $0.07 for the day and closed at $76.00

Several analysts have weighed in on YUM shares. Stifel Nicolaus started coverage on shares of Yum! Brands in a research note on Monday, October 2nd. They issued a “buy” rating and a $88.00 price objective for the company. J P Morgan Chase & Co reiterated a “buy” rating and issued a $80.00 price objective on shares of Yum! Brands in a research note on Monday, October 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $83.00 price objective on shares of Yum! Brands in a research note on Monday, September 11th. CIBC lifted their price objective on shares of Yum! Brands from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, September 8th. Finally, Oppenheimer Holdings, Inc. lifted their price objective on shares of Yum! Brands from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, September 8th. Eleven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Yum! Brands has an average rating of “Buy” and an average target price of $79.89.

The stock has a market capitalization of $26.26 billion, a P/E ratio of 20.22 and a beta of 0.81. The company’s 50-day moving average is $75.69 and its 200 day moving average is $72.23.

Yum! Brands (NYSE:YUM) last announced its earnings results on Thursday, August 3rd. The restaurant operator reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.42 billion. Yum! Brands had a net margin of 16.76% and a negative return on equity of 24.95%. Yum! Brands’s quarterly revenue was down 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.75 earnings per share. On average, equities analysts predict that Yum! Brands, Inc. will post $2.81 earnings per share for the current fiscal year.

In related news, CFO David W. Gibbs sold 8,336 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $74.00, for a total value of $616,864.00. Following the sale, the chief financial officer now directly owns 39,664 shares of the company’s stock, valued at $2,935,136. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.65% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Pensionfund Sabic purchased a new stake in Yum! Brands in the third quarter valued at approximately $1,870,000. Pensionfund DSM Netherlands purchased a new stake in Yum! Brands in the third quarter valued at approximately $3,312,000. Perpetual Ltd purchased a new stake in Yum! Brands in the second quarter valued at approximately $5,535,000. Davidson Kempner Capital Management LP raised its stake in Yum! Brands by 440.0% in the second quarter. Davidson Kempner Capital Management LP now owns 675,000 shares of the restaurant operator’s stock valued at $49,788,000 after purchasing an additional 550,000 shares in the last quarter. Finally, Toronto Dominion Bank raised its stake in Yum! Brands by 23.4% in the second quarter. Toronto Dominion Bank now owns 112,134 shares of the restaurant operator’s stock valued at $8,269,000 after purchasing an additional 21,284 shares in the last quarter. 72.06% of the stock is currently owned by institutional investors and hedge funds.

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Yum! Brands Company Profile

YUM! Brands, Inc is engaged in restaurant business. As of December 31, 2016, the Company operated or franchised over 43,500 restaurants in more than 135 countries and territories operating under the KFC, Pizza Hut or Taco Bell (collectively the Concepts) brands. The Company operates through three segments: The KFC Division, which includes the operations of the KFC concept around the world; The Pizza Hut Division, which includes the operations of the Pizza Hut concept around the world, and The Taco Bell Division, which includes the operations of the Taco Bell concept around the world.

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